CAKE holders, today we are very happy to be able to offer you a new Syrup Pool from Kalmar, a cluster of DeFi products fueled by advanced gamification models. Kalmar’s products currently include leverage for farming on LPs with up to 6x rewards and NFT fundraisers with physically backed rewards. All of platform is built around KALM token.
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, KALM-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 KALM Syrup Pool with $400k of tokens, to be earned by staking CAKE.
Stake CAKE tokens to earn KALM 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.
Kalmar users can either deposit their LP positions on the platform in order to earn up to 6x rewards in the selected farm or lend their assets for providing leverage. On top of that, both groups of users get additional rewards in KALM native tokens. Always be careful when selecting a leverage as there is a risk of liquidation for highly volatile assets!
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 KALM will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your KALM tokens and trade on PancakeSwap at any time!
The official KALM token contract address on Binance Smart Chain is: https://www.bscscan.com/token/0x4ba0057f784858a48fe351445c672ff2a3d43515
Any other KALM 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 KALM tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.