Proposal for an ApolloX (APX) Syrup Pool and Farm

PancakeSwap Welcomes ApolloX (APX) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with ApolloX! ApolloX, a centralized and decentralized (CEX-DEX) hybrid derivatives exchange, was established by professionals from traditional financial institutions, tech companies and top crypto exchanges.

The Syrup Pool:

Stake CAKE tokens to earn APX tokens!

• Total Tokens: 2,622,400 APX
• Distribution duration: 30 days
• Start time: Approx. 1100 UTC on January 14th 2022
• Finish time: Approx. 1100 UTC on February 13th 2022
• Token rewards per block: 3.035 APX

Max Stake per Wallet:

100 CAKE for the first 48 hours, 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.

The Farm:

In order to host the APX Syrup Pool, we’ll need to provide an APX-BUSD farm. The farm will have 1x CAKE rewards for the first 48 hours, then 0.5x rewards after that.

What is APX?

From the team “ApolloX is a centralized and decentralized (CEX-DEX) hybrid derivatives exchange, and APX is ApolloX’s native token. APX is used to reward users and encourage them to stake and trade on the platform.

By participating in the Trading Rewards Program, users can obtain APX token rewards by trading any contract on its DEX and locking APX to get bonus rewards.APX tokens can also be used to offset trading fees.”

Please note that as of the time of writing, there is a 1% transaction tax on all onchain APX transactions except for certain whitelisted target addresses. When trading the APX token, please ensure that you set your slippage tolerance to account for this. Please visit this link for more details: https://docs.apollox.finance/apx-token/tax

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

• Website: https://www.apollox.finance/
• Twitter: https://twitter.com/ApolloX_com
• Facebook: https://www.facebook.com/ApolloXcom
• Telegram: https://t.me/apollox_com
• Discord: https://apollox.link/CR-discord
• Instagram: https://www.instagram.com/apollox_com/
• Reddit: https://www.reddit.com/r/ApolloX_com/

How do you stake CAKE to earn APX rewards?

Follow this guide to staking in Syrup Pools:

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

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️

The official APX token contract address on Binance Smart Chain is:

https://bscscan.com/token/0x78f5d389f5cdccfc41594abab4b0ed02f31398b3

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