PancakeSwap welcomed Hakka Finance to the Syrup Pool on Monday April 19 through its Twitter account, so now users can bet $CAKE and win $HAKKA.
“CAKE holders, today we are pleased to be able to offer you a new Syrup Pool from Hakka Finance, a suite of decentralized finance applications (DeFi), which form an all-inclusive ecosystem of tools that allows users to pursue financial sovereignty”, he told through an article published on the Medium platform.
The company shared some details of the syrup pool so that users can stake CAKE tokens and win HAKKA tokens.
• Total tokens: 6,000,000 HAKKA
• Duration of distribution: 60 days
• Start Block: 6726650 (approximately 9 am UTC on April 20)
• Goal block: 8454650 (approximately 9 am UTC on June 19)
• Token rewards per block: 3.4722 HAKKA
According to the company commented, to host the H AKKA syrup group, it needs to provide a HAKKA-BUSD farm that will have 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that.
PancakeSwap explained that as usual, it must be approved by vote. Why? In his view, since it dilutes the rewards, the chefs want “that the larger BSC community make the decision for themselves”.
How to bet CAKE to win HAKKA rewards?
The company shared the details of how the user can bet CAKE to earn HAKKA rewards:
• Visit this website: https://pancakeswap.finance/syrup
• Click on “Approve PASTEL” in the HAKKA syrup group
• Click on the bet button.
• Confirm the transaction.
About Hakka Finance
It is a set of decentralized finance applications (DeFi), which form an all-inclusive ecosystem of tools that allows users to seek financial sovereignty.
“The current product offering consists of an automated stablecoin market maker (AMM) DEX, a gamified insurance product, and a general DeFi manual. All this is managed and governed by a homonymous governance token, which is known by the symbol of HAKKA”, he specified.