Dear CAKE holders, we’re proud to announce a new Syrup Pool with Monsta Infinite! Monsta Infinite started as a decentralized game, with the team subsequently developing a Layer 2 Chain, optimised for gaming, Monsta Chain. Products in the ecosystem include Monsta wallet, Monsta Scan, Monsta Bridge, Monsta Launchpad and Juggyswap.
General comment: Need to keep this part short and sweet and also easy to read.
Stake CAKE tokens to earn MONI tokens!
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.
For the MONI Syrup Pool, we’ll be providing a MONI-BNB farm.
The farm will have 0.5x CAKE rewards for the first 48 hours, then 0.2x rewards after that. At the end of the 60-day period – approx. 1000 UTC on 15 Nov 2022 – the farm will be re-adjusted to a 0.1x multiplier unless the following metrics is comparable with other 0.2x multiplier farms: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues etc.
From the team: “MONI is the Governance token for Monsta Infinite.
MONI can be swapped into a game token which is STT through the on-chain automated market maker (AMM) Juggyswap.
MONI holders will be eligible to get allocation for projects that are going to be launched on Monsta Launchpad or hosted on the blockchain.”
Follow this guide to staking in Syrup Pools:
https://docs.pancakeswap.finance/products/syrup-pool
The official $MONI token contract address on BNB Chain is:
https://bscscan.com/token/0x9573c88aE3e37508f87649f87c4dd5373C9F31e0
Any other MONI token will be a scam. Always verify the token address before buying tokens. If you receive a MONI token airdrop from another address, it’s probably a scam, and we advise you to ignore it.