Proposal for a PearDAO ($PEX) Syrup Pool and Farm

PancakeSwap Welcomes PearDAO ($PEX) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with PearDAO! A DAO managed decentralized marketplace that aims to allow the trade of all things in a free, open and independent trading ecosystem. PearDAO is built for the community and Web3 – dedicated to the exchange of values between off-chain, on-chain and cross-chain environments, all at once.

The Syrup Pool:

Stake CAKE tokens to earn PEX tokens!

• Total Tokens: 334,000 PEX
• Distribution duration: 30 days
• Start time: Approx. 11AM UTC on March 31st 2022
• Finish time: Approx. 11AM UTC on April 30th 2022
• Token rewards per block: 0.3865 PEX

Max Stake per Wallet:

100 CAKE for the first 57,600 blocks (approx. 48 hours) after the Syrup Pool is launched, 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 PEX Syrup Pool, we’ll need to provide a PEX-BNB farm. The farm will have 1x CAKE rewards for the first 48 hours, then 0.5x rewards after that.

Please note that the farm is subject to multiplier adjustments during or after the farm period if it underperforms its peers via metrics like average daily volume, 14-day volume, unique token holders on BNB Chain, fundamental token issues, etc.

What is $PEX?

From the team: “All trades on PearDAO are facilitated by PEX tokens. PEX also acts as the governance token to allow all holders to take part in building and managing the PearDAO platform.

• Earn: Fees collected by the network will be distributed among all PearDAO traders as trading rewards
• Stake: Stake PEX tokens to earn in the PearDAO Farm, such as PEX-BNB LP Pool and PEX Pool (Coming Soon)
• Governance: PEX holders can propose and vote to determine the platform’s future development
• Payment: PEX tokens act as the utility token to submit appeals to the DAO members and to prioritize users’ ad ranking on the PearDAO Marketplace through ad spot bidding”

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

• Website: https://peardao.io
• Twitter: https://twitter.com/OfficialPearDAO
• Telegram: https://t.me/peardaoen
• Medium: https://officialpeardao.medium.com/

How do you stake CAKE to earn $PEX 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 PEX token contract address on Binance Smart Chain is:

https://bscscan.com/token/0x6a0b66710567b6beb81A71F7e9466450a91a384b

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