CAKE holders, today we are very happy to be able to offer you a new Syrup Pool from Bella Protocol, an aggregated user interface for existing Decentralized Finance (DeFi) protocols. Bella Protocol aims to simplify the user experience of existing DeFi protocols, and to allow users to deploy their assets and earn yield with ease.
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, BEL-BNB will go to a 1x multiple, which will last for 7 days, and only cause temporary dilution among the other farms, and at the same time, there will be a new BEL Syrup Pool with $350k of tokens, to be earned by staking CAKE.
Stake CAKE tokens to earn BEL tokens!
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.
Bella Protocol aims to solve current pain points in the DeFi user experience, such as high gas fees and a steep learning curve, and to onboard more users into the DeFi ecosystem. Bella Protocol offers a suite of DeFi products for a streamlined crypto banking experience. Bella provides diversified cross-platform yield farming strategies with auto-rebalancing, and caters to both new and experienced users on-chain or via Bella's custodian service. The project also minimizes the transaction gas fees involved by aggregating transactions and interacting with smart contracts in batches (once every 12 hours). Bella’s first product, Flex Savings, is live on Ethereum at fs.bella.fi.
Bella Flex Savings v2 has been running successfully for about six months, the TVL is now $25M on Ethereum with juicy APY for USDT at 17%, USDC at 16%, HBTC at 22%, WBTC at 19%, and ARPA at 39%.
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.
BEP20 BEL will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your BEL tokens and trade on PancakeSwap at any time!
The official BEL token contract address on Binance Smart Chain is: https://www.bscscan.com/token/0x8443f091997f06a61670b735ed92734f5628692f
Any other BEL 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 BEL tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.