Dear CAKE holders, we’re proud to announce a new Farm with CyberConnect!
CyberConnect is a Web3 social network that provides developers with the capability to create social applications. These applications allow users to own their digital identity, content, connections, and interactions.
In order to improve trading conditions and CAKE buyback, we are introducing CAKE emission to the current CyberConnect Liquidity Pool - CYBER-BNB on BNB Chain.
By introducing CAKE emission to CYBER-BNB on BNB Chain, we are able to encourage higher volume and liquidity, ultimately leading to greater trading fee revenue and therefore CAKE burns.
The farm multiplier of this revised proposal has been adjusted to ensure CAKE is distributed in a sustainable and beneficial manner for CAKE holders.
Stake CYBER-BNB (0.25% fee tier) v3 LP to earn CAKE tokens!
During the 30-day farm period, we request for flexibility in the farm multiplier - we will start with 8x CAKE rewards and will adjust the multipliers as appropriate to enable optimal trading conditions, up to a maximum of 12x.
At the end of the 30-day period, 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.
CYBER is the name of CyberConnect governance token. There are multiple utilities for CYBER token such as:
The official CYBER token contract address on BNB Chain is:
https://bscscan.com/token/0x14778860e937f509e651192a90589de711fb88a9
Any other CYBER token will be a scam. Always verify the token address before buying tokens. If you receive a CYBER token airdrop from another address, it’s probably a scam, and we advise you to ignore it.