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PancakeSwapPancakeSwapby0xaB4808fe8045a73FDCE8a22b05BE93386D00b3e50xaB48…b3e5

Stake CAKE tokens to earn Ticket's Lotery at Syrup Pool!

Voting ended about 5 years agoSucceeded

The Syrup Pool:

Total Tickets issued: unlimited. Duration: unlimited

The Farm:

In order to win lottery tickets, you will have to stake cakes in the syrup pool: "Lotery".

Viability:

The cakes that were placed on stake in the syrup pool "lotery" will be applied indirectly to the Syrup pool "Cake Pool" and, with the cake yields received in the "lotery" pool, a ticket will be automatically purchased for the next valid lottery.

This will enable users to bet the lottery in an automated way and spend only their rewards, without spending their valuable cake's. With this automatic mechanism, we will significantly increase the number of bettors in the lottery and consequently the number of cake's burnt.

Technical details:

1 - Whenever the earnings in the "Lotery" syrup pool are sufficient to buy a ticket + fees, a lottery ticket will automatically be purchased for the next valid lottery.

2 - If the user withdraws the cakes in stake from the syrup pool "lotery" and there is some cake yield that was not enough to buy a ticket, this cake residue must be returned to the user along with the withdrawal.

3 - All tickets won by the user can be viewed in the Lotery tab, and, if there is any reward to be redeemed, it will also be possible to view it there.

The Vote: As usual, it needs to be approved via a vote.

Why do we need a vote? Since it dilutes rewards, the chefs want BSC’s greatest community to make the decision themselves.

Off-Chain Vote

Yes, we want the lottery pool
10.07K 100%
No, we don’t want that pool
0 0%
Download mobile app to vote

Timeline

Mar 01, 2021Proposal created
Mar 01, 2021Proposal vote started
Mar 03, 2021Proposal vote ended
Oct 26, 2023Proposal updated