PancakeSwap Welcomes Back TrueUSD to Syrup Pool!

CAKE holders, today we are delighted to be able to offer you a new Syrup Pool from TrueUSD, the world’s most transparent stablecoin, fully collateralized and independently attested live on-chain.

What is Boost?

Boost is basically an increase in farm multiplier over a set period of time, which is offered in exchange for additional tokens from the boosted project, which are then put into a new Syrup Pool!

So basically, TUSD-BUSD will go from a 1x multiple to a 2x multiple, which will last for 7 days, which will only cause temporary dilution among the other farms, and at the same time, there will be a new TUSD Syrup Pool with $1M of tokens, to be earned by staking CAKE.

The Syrup Pool:

Stake CAKE tokens to earn TUSD tokens!

• Total Tokens: 1,000,000 TUSD
• Distribution duration: 60 days
• Start block: 9792850 (approx. 5am UTC on August 6th)
• Finish block: 11520850 https://bscscan.com/block/countdown/11520850
• Token rewards per block: 0.5787 TUSD

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.

What is TrueUSD?

What is TrueUSD?

TrueUSD (TUSD) is the first independently-verified digital asset redeemable 1-for-1 for US Dollars. The ERC20 stablecoin uses multiple banks, escrow accounts, and third-party attestations to reduce counterparty risk, provide transparency, and prevent fraud.

TUSD offers liquidity on dozens of leading exchanges, DeFi protocols, and is supported by major OTC desks. TUSD also supports nearly instant minting and redemption speeds through the Silvergate Exchange Network (SEN) and PrimeX by PrimeTrust.

TrueUSD users also enjoy direct-to-bank redemption through a memorable 5-character TUSD Redemption Address.

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

• Website: https://www.trueusd.com/
• Twitter: https://twitter.com/tusd_official
• Telegram: https://t.me/TUSDofficial_EN
• Medium: https://trueusd.medium.com/

How do you stake CAKE to earn TUSD 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 TUSD Syrup Pool
• Click on the stake button.
• Confirm the transaction.

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

BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀

The official TUSD token contract address on Binance Smart Chain is: https://bscscan.com/address/0x14016e85a25aeb13065688cafb43044c2ef86784

Any other TUSD 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 TUSD tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.