PancakeSwap Welcomes NULS to Syrup Pool!

NULS
NULS
Mar 12 · 3 min read

We at NULS/Nerve are ecstatic about PancakeSwap’s acceptance of NULS to the Syrup Pool. The PancakeSwap vote was completed March 10 and the results were overwhelmingly in our favor.

If you’re not familiar with Chef Hop and his marvelous tasty goodies, here’s a recap:

PancakeSwap is a decentralized exchange running on Binance Smart Chain, with lots of other features that let you earn and sometimes possibly win tokens. It’s fast, inexpensive, and open to anyone. And, they love pancakes and bunnies.

The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. Plus, you can earn tokens with yield farms, earn tokens by staking, and earn even more tokens with Syrup pools.

The website itself is beyond adorable. If you know SushiSwap, then this will seem familiar. Much fun abounds, including the PancakeSwap Lottery!

The Syrup Pool

Stake CAKE tokens, and earn NULS tokens.

  • Total Tokens: 150,000 NULS
  • Distribution duration: 60 days
  • Start block: 5580480 (March 11th 3PM SGT)
  • Finish block: 7308480 (May 10th 3PM SGT)
  • Token rewards per block: 0.0868 NULS

The Farm

In order to host the NULS Syrup Pool, there will be a NULS-BUSD farm that will have 1x CAKE rewards for the first 48 hours and then 0.5x CAKE rewards after that.

How do you stake CAKE to earn NULS rewards?

If you own CAKE tokens, congratulations! You’re the master of your … pancakes.

Time to step up your taste buds by learning how to stake CAKE with Syrup Pool.

BEP20 NULS will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your NULS tokens and trade on PancakeSwap at any time.

The official NULS token contract address on Binance Smart Chain is:

https://bscscan.com/0x8cd6e29d3686d24d3c2018cee54621ea0f89313b

Pancakeswap.finance

Pancake’s twitter

Pancake’s telegram

Pancake Blog

Github

Docs

Additional crumbs

Please Note:

Do not use this network product unless you know what you are doing. We are not responsible for any losses. Always check the contract addresses involved to make certain you aren’t being scammed. Verify the token address before purchasing tokens. Please also double-check your destination addresses. Securely store your private keys and passwords.

For more information on crypto trading safety precautions, please see:

Consensus White paper on Defi Security: https://github.com/ConsenSys/defi-score/blob/master/whitepaper.md

Consensus Article on Risk:
https://consensys.net/blog/codefi/security-risks-in-ethereum-defi/

Article on Defi Safety:
https://medium.com/monolith/understanding-defi-navigating-the-risks-of-open-finance-60983d62023e

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