Dear CAKE holders, we’re pleased to announce a new Syrup Pool with UniWhale!
UniWhale is an oracle-based decentralized perpetual exchange, where users can trade BTC, ETH, and other top cryptocurrencies with leverage.
Stake CAKE tokens to earn UNW tokens!
100 CAKE for the first 57,600 blocks (approx. 48 hours) after the Syrup Pool is launched, then unlimited CAKE staking after that.
The cap is to give everyone an equal opportunity to farm rewards at a high APY at the start of the farm.
In conjunction with the UNW Syrup Pool, we’ll be providing a UNW-BNB farm.
The farm will have 0.2x CAKE rewards for the first 48 hours, then 0.1x rewards after that. During and at the end of the 90-day period – approx. 1005 UTC on 20 June 2023 – the farm will be re-adjusted to a 0x multiplier unless the following metrics are comparable with other 0.1x multiplier farms: 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.
From the team: “UNW is the utility token of the UniWhale ecosystem that can be traded and transferred. UNW allows users to stake and participate in the distribution of its trading fee revenues and token emissions.
Users can convert UNW into esUNW (Governance token). With esUNW, users can participate in the project's governance.”
Follow this guide to staking in Syrup Pools:
https://docs.pancakeswap.finance/products/syrup-pool
The official UNW token contract address on BNB Chain is:
https://bscscan.com/token/0x5b65cd9feb54f1df3d0c60576003344079f8dc06
Any other UNW token will be a scam. Always verify the token address before buying tokens. If you receive a UNW token airdrop from another address, it’s probably a scam, and we advise you to ignore it.