PancakeSwap Welcomes Qubit to Syrup Pool!

CAKE holders, today we are happy to be able to offer you a new Syrup Pool from Qubit, a decentralized money market platform that takes advantage of the speed, automation, and security of the blockchain to connect lenders and borrowers efficiently and securely.

The Syrup Pool:

Stake CAKE tokens to earn QBT tokens!

• Total Tokens: 2,440,000 QBT
• Distribution duration: 60 days
• Start block: 10503150 (approx. 9am UTC on August 31st)
• Finish block: 12231150 (approx. 9am UTC on November 1st)
• Token rewards per block: 1.412 QBT

Max Stake per wallet:

100 CAKE for the first 48 hours, then unlimited CAKE staking afterwards.

To give as many CAKE holders the opportunity to Farm some juicy pool rewards at a high APY, we will have a 100 CAKE token cap staking limit per user for the first 48 hours.

The Farm:

In order to host the QBT Syrup Pool, we will need to provide a QBT-BNB farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.

What is Qubit?

Qubit is a decentralized lending and borrowing platform brought to you by Team Mound that is committed to making money markets a secure commodity for the entire BSC Ecosystem.

Qubit is committed to supporting innovative strategies to make BSC returns the highest in Defi, eliminating the withdrawal fees that have hindered the application of sophisticated leveraged strategies by individual users and yield aggregators. Qubit is also explicitly committed to furthering ecosystem security on the BSC. Qubit does not support flash loans, and it fully supports vertically integrated code review for whitelisted partner projects.

With over $500M in TVL committed in just its first week of service, Qubit is well on its way to supporting the further development of best-in-chain yields for money markets and our ecosystem partners on the BSC and beyond.

To learn more about Qubit, the chefs advise you to visit their official communication channels:

• Website: https://qbt.fi/app
• Twitter: https://twitter.com/QubitFin
• Telegram: https://t.me/QubitFinOfficial
• Discord: https://discord.com/invite/JGJBWRxX2Y
• Docs: https://mound-finance.gitbook.io/qubit-docs/

How do you stake CAKE to earn QBT rewards?

If you own CAKE tokens, congratulations! You’re the master of your … pancakes. Time to step up your taste buds by learning how to stake CAKE with Syrup Pool.

• Visit this webpage: https://pancakeswap.finance/syrup
• Click “Approve CAKE” on the QBT Syrup Pool
• Click on the stake button.
• Confirm the transaction.

BEP20 QBT will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your QBT tokens and trade on PancakeSwap at any time!

BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀

The official QBT token contract address on Binance Smart Chain is: [https://www.bscscan.com/address/0x17b7163cf1dbd286e262ddc68b553d899b93f526]https://www.bscscan.com/address/0x17b7163cf1dbd286e262ddc68b553d899b93f526)

Any other QBT token will be a scam and will result in a financial loss for users. Do not buy tokens from any other token address. Always verify the token address before purchasing tokens. If you receive airdrops from another address for QBT tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.