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!

So basically, SWINGBY-BNB will go from a 1x multiple to a 2x 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 SWINGBY Syrup Pool with $175k of tokens, to be earned by staking CAKE.

Syrup Pool:

Total Tokens: 372,000 SWINGBY Distribution duration: 60 days Start block: 6755400 (approx. 9am UTC on April 21st) Finish block: 8483400 (approx. 9am UTC on June 20th) Token rewards per block: 0.21527 SWINGBY

Boost:

In order to host the SWINGBY Syrup Pool, we will increase the existing SWINGBY-BNB farm to earn 2x CAKE rewards for the 7 days, from April 21st 9am UTC (Block 6755400) until April 28th 9am UTC (Block 6957000), before reverting back to 1x CAKE rewards after that.

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.