Proposal for TrueUSD ($TUSD) Syrup Pool and Farms

PancakeSwap Welcomes TrueUSD ($TUSD) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with TrueUSD!

With a newly launched native TUSD token on BNB Chain, PancakeSwap is excited to be the exclusive DEX for TUSD liquidity in the first two weeks.

TrueUSD is the team in charge of guiding and managing the development and scaling up of the TUSD stablecoin.

The Syrup Pool:

Stake CAKE tokens to earn TUSD tokens!

• Total Tokens: 100,000 TUSD
• Distribution duration: 150 days
• Start time: Approx. 0830 UTC on 19 Jun 2023
• Finish time: Approx. 0830 UTC on 16 Nov 2023
• Token rewards per block: 0.02314 TUSD

Max Stake per Wallet:

100 CAKE for the first 48 hours of the Syrup Pool.

The cap is to give everyone an equal opportunity to farm rewards at a high APY.

The Farm:

In conjunction with the TUSD Syrup Pool, we’ll launch a TUSD-USDT (0.01% fee tier) v3 farm on BNB Chain.

The TUSD-USDT farm will have 39x CAKE rewards for the entire 150 days. During and at the end of the 150-day period – approx. 0830 UTC on 16 Nov 2023 – the farm will be re-adjusted to a lower or zero multiplier unless the following metrics are comparable with other farms of a similar multiplier: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues or concerns related to users’ safety and security.

What is $TUSD?

From the team: “TrueUSD (TUSD) is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with USD. So far, it has been listed on more than 100 trading platforms, and is live on more than 10 chains including Ethereum and BNB Chain.

TrueUSD is attested in real-time by The Network Firm LLP, an independent accounting firm to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink Proof of Reserves, TrueUSD becomes the first USD-backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time.”

Swapping the Old $TUSD to the New $TUSD

How to swap your Old TUSD (Binance-Peg) to the New TUSD (Native BEP20) on Binance?

• Step 1: Deposit TUSDOLD in your Binance account.
• Step 2: Swap to get the new TUSD using the convert function on https://www.binance.com/en/convert
• Step 3: Withdraw the new TUSD to your BSC supported wallet like Metamask or TrustWallet

To learn more, visit the project’s official channels:

• Website: https://tusd.io/
• Twitter: https://twitter.com/tusdio
• Medium: https://trueusd.medium.com/
• Discord: https://discord.com/invite/tusdio
• English Telegram Group: https://t.me/TUSDofficial_EN
• English Telegram Channel: https://t.me/TUSDofficialChannel
• Chinese Telegram Group: https://t.me/TUSDofficial_CN
• Chinese Telegram Channel: https://t.me/TUSDofficialCN
• YouTube: https://www.youtube.com/channel/UCd0Z-9XKzyRD9J0IAml0Qgg
• Instagram: https://www.instagram.com/truly_tusd/

How do you stake CAKE to earn $TUSD rewards?

Follow this guide to staking in Syrup Pools:

https://docs.pancakeswap.finance/products/syrup-pool

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️💀

The new official TUSD token contract address on BNB Chain is:

https://bscscan.com/token/0x40af3827f39d0eacbf4a168f8d4ee67c121d11c9

The old TUSD (Binance-Peg) token on BNB Chain, is migrating to the new address. Please swap your old TUSD token to the new TUSD token via Binance, with instructions listed above.

​Any other TUSD token will be a scam. Always verify the token address before buying tokens. If you receive a TUSD token airdrop from another address, it’s probably a scam, and we advise you to ignore it.