Proposal to Boost the aBNBc-BNB farm and a New Syrup Pool

PancakeSwap Welcomes Back ANKR to Syrup Pool!

Dear CAKE holders, we’re proud to announce a Syrup Pool with Ankr! Ankr is a decentralized Web3 infrastructure provider, powering a network of community RPC nodes and supporting BNB Liquid Staking. Stakers can stake BNB on Ankr and get a Ankr Reward Bearing Staked BNB token (aBNBc), which they can further deposit in Helio Protocol to obtain $HAY, an over-collateralized “destablecoin” backed by liquid staked BNB.

What is Boost?

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!

The Syrup Pool:

Stake CAKE tokens to earn $ANKR tokens!

• Total Tokens: 10,500,000 ANKR
• Distribution duration: 60 days
• Start time: Approx. 1100 UTC on 25 Aug 2022
• Finish time: Approx. 1100 UTC on 24 Oct 2022
• Token rewards per block: 6.0763 ANKR

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:

For the ANKR Syrup Pool, we’ll be providing a aBNBc-BNB farm.

The farm will have 1x CAKE rewards for the first 48 hours, then 0.5x rewards after that.

At the end of the 60-day period – approx. 1100 UTC on 24 Oct 2022 – the farm will be re-adjusted to a 0.1x multiplier unless the following metrics is comparable with other 0.5x multiplier farms: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues etc.

What is $ANKR?

From the team: “Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. This infrastructure helps drive the growth of the crypto economy while powering a full suite of multi-chain tools for Web3 users, such as liquid staking.

ANKR is the native utility token needed for transactions and payments for many of Ankr’s services as well as platform governance.”

What is $aBNBc?

From the team: “aBNBc is Ankr’s liquid staking reward bearing token. Over time, the redemption ratio grows, so 1 aBNBc > 1 BNB. aBNBc can be obtained by participating in Ankr’s BNB Liquid Staking. An overview of how Ankr’s BNB Liquid Staking works can be found here.”

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

• Website: https://www.ankr.com
• BNB Liquid Staking (Ankr): https://www.ankr.com/earn/stake/bnb/
• Twitter: https://twitter.com/ankr
• Telegram: https://t.me/ankrnetwork
• Discord: https://discord.com/invite/uYaNu23Ww7
• Reddit: https://www.reddit.com/r/Ankrofficial/
• Medium: https://medium.com/ankr-network

How do you stake CAKE to earn $ANKR 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 $ANKR token contract address on BNB Chain is:

https://www.bscscan.com/token/0xf307910a4c7bbc79691fd374889b36d8531b08e3

The official $aBNBc token contract address on BNB Chain is:

https://bscscan.com/token/0xE85aFCcDaFBE7F2B096f268e31ccE3da8dA2990A

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