PancakeSwap announced the arrival of Nuls Syrup Pool

PancakeSwap announced this Wednesday, March 10, through its Twitter account, the arrival of the new Nuls Syrup Pool, an adaptive, open source and enterprise-grade blockchain platform that offers fast-track commercial solutions for developers.

La imagen tiene un atributo ALT vacío; su nombre de archivo es Pancake.jpg
Image about PancakeSwap’s post on Twitter

“With microservices, smart contracts, interoperability between chains and instant chain creation, NULS sets a new industry standard to optimize blockchain adoption”, explained the company through an article published on the Medium platform.

The syrup pool

The company indicated that users will be able to stake $CAKE tokens to earn NULS tokens.

• Total tokens: 150,000 NULS

• Duration of distribution: 60 days

• Start Block: 5580480 (March 11 3PM SGT)

• Finishing Block: 7308480 (May 10 at 3PM SGT)

• Token rewards per block: 0.0868 NULS

The farm

To host the NULS Syrup Pool, PancakeSwap commented that they will provide a NULs-BUSD farm that will have 1x $CAKE rewards for the first 48 hours and then 0.5x $CAKE rewards after that.

What is NULS?

It is an open source blockchain platform that aims to provide development tools and solutions for blockchain developers. Key platform features include microservices, smart contracts, cross-chain interoperability, and instant chain creation.

Also read: Blank and his Ethereum browser wallet

“NULS’s microservice layer design makes it easy for developers to quickly create modules for anything. NULS provides seamless, cost-effective, and time-saving solutions for developers with minimal blockchain experience. It also uses a Proof of Credit consensus mechanism, which combines Delegated Proof of Stake (DPoS) with an additional credit rating system”, the company said in an article.

In addition, he highlighted that NULS Chain Factory is a user interface that allows developers to create a new chain or improve an existing one by automatically deploying modules from a shared library.

“The NULS token is the native asset of the NULS blockchain and enables the execution of smart contracts, as well as all other services on the network”, he said.

1 comment

Comments are closed.

Related Posts