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PancakeSwapPancakeSwapby0xa7551aBe0A066555cb5d859849426fB55543Ca250xa755…Ca25

Proposal for a First Digital ($FDUSD) Farm

Voting ended over 2 years agoSucceeded

PancakeSwap Welcomes First Digital ($FDUSD) to Farms!

Dear CAKE holders, we’re proud to announce a new Farm with First Digital!

First Digital Trust is a qualified custodian and licensed trust company, the creators behind First Digital Labs, the research and development division that specializes in digital currencies including FDUSD.

The farm multiplier of this proposal will ensure that CAKE is distributed in a sustainable and beneficial manner for CAKE holders.

The Farm:

Stake FDUSD-USDT (0.01% Fee Tier) v3 LP pair to earn CAKE tokens!

  • Farm duration: 30 days
  • Farm base multiplier: up to 5x, starting from 1x
  • Liquidity pair: FDUSD-USDT (0.01% Fee Tier) v3 LP pair
  • Start time: 0830 UTC on 23 Oct 2023
  • Finish time: 0830 UTC on 22 Nov 2023

During the 30-day farm period, we request for flexibility in the farm multiplier - we will start with 1x CAKE rewards and will adjust the multipliers as appropriate to enable optimal trading conditions, up to a maximum of 5x.

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.

What is $FDUSD?

FDUSD is a newly launched stablecoin pegged to the U.S. dollar and regulated by Hong Kong regulators. It is issued by FD121 Limited under the First Digital Group. The stablecoin is backed on a 1:1 basis by one U.S. dollar or asset of equivalent fair value held in accounts of regulated financial institutions in Asia.

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

  • Website (First Digital Labs): https://firstdigitallabs.com/
  • Website (First Digital Trust): https://1stdigital.com/
  • Twitter (First Digital Labs): https://twitter.com/FDLabsHQ
  • Twitter (First Digital Trust): https://twitter.com/FirstDigitalHQ

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️💀

The official FDUSD token contract address on BNB Chain is:

https://bscscan.com/token/0xc5f0f7b66764f6ec8c8dff7ba683102295e16409

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

Off-Chain Vote

✅ We want a FDUSD-USDT Farm!
36.21M CAKEVOTE87.5%
❌ We don’t want a FDUSD-USDT Farm!
5.17M CAKEVOTE12.5%
Download mobile app to vote

Timeline

Oct 20, 2023Proposal created
Oct 20, 2023Proposal vote started
Oct 21, 2023Proposal vote ended
Oct 26, 2023Proposal updated