Proposal for a MetisDAO ($METIS) Syrup Pool and Farm

PancakeSwap Welcomes MetisDAO ($METIS) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with MetisDAO! MetisDAO is a Layer 2 scaling infrastructure to support the Web3 economy in a multichain world.

The Syrup Pool:

Stake CAKE tokens to earn METIS tokens!

• Total Tokens: 11,500 METIS
• Distribution duration: 30 days
• Start time: Approx. 11AM UTC on May 16th 2022
• Finish time: Approx. 11AM UTC on June 15th 2022
• Token rewards per block: 0.01331 METIS

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 METIS Syrup Pool, we’ll need to provide a METIS-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 $METIS?

From the team: “Metis is an Layer 2 scaling infrastructure that supports the running of a Web3 economy. With the advanced Metis network, DApps and users can achieve lower costs, higher transaction speeds, higher scalability and enjoy the native security inherited from Ethereum. MetisDAO is also building a new multichain (Ethereum, BNB Chain, etc.) Decentralized Autonomous Company (DAC) framework and Reputation Power Matrix to support the building and operation of a Web3 economy.

The use cases of METIS are as follows:

• Paying for Fees: Pay for network gas fees on the Metis network
• Governance: To vote on CEG (Community Ecosystem Governance) and upcoming Ecosystem Nodes
• Network incentives: Rewarding and incentivizing developers, verifiers, sequencers and rangers”

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

• Website: https://metis.io/
• Twitter: https://twitter.com/MetisDAO
• Telegram: https://t.me/MetisDAO
• Medium: https://metisdao.medium.com/
• Token Bridge: https://bridge.poly.network/

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

https://bscscan.com/token/0xe552fb52a4f19e44ef5a967632dbc320b0820639

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