PancakeSwap Welcomes Phala Network to Syrup Pool!

CAKE holders, today we are happy to be able to offer you a new Syrup Pool from Phala Network, a Web 3.0 computing cloud that supports data privacy while remaining trustless.

The Syrup Pool:

Stake CAKE tokens to earn PHA tokens!

• Total Tokens: 485,000 PHA
• Distribution duration: 60 days
• Start block: 10304400 (approx. 9am UTC on August 24th)
• Finish block: 12032400 (approx. 9am UTC on October 23rd)
• Token rewards per block: 0.28 PHA

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 PHA Syrup Pool, we will need to provide a PHA-BNB farm that will have 1x CAKE rewards for the first 48 hours and then 0.5x CAKE rewards after that.

What is Phala Network?

Phala Network is a Web3.0 computing cloud that supports data privacy while remaining trustless. Unlike centralized cloud service, Phala doesn’t own any server or data center. Anyone can provide permissionless servers into Phala Network, and because of a clever combination of blockchain and trusted execution environments (TEE), we can make sure the servers can’t be evil even when they are in an edge network situation. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud. As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more. On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

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

• Website: https://phala.network/en/
• Twitter: https://twitter.com/PhalaNetwork
• Telegram: https://t.me/phalanetwork
• Discord: https://discord.gg/myBmQu5
• Blog: https://medium.com/phala-network

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

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

BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀

The official PHA token contract address on Binance Smart Chain is: https://bscscan.com/token/0x0112e557d400474717056c4e6d40edd846f38351

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