CAKE holders, today we are happy to be able to offer you a new Syrup Pool from Juggernaut, a project building the next generation of DeFi and NFT infrastructure to help businesses launch their own DeFi capabilities.
The Syrup Pool:
Stake CAKE tokens to earn JGN tokens!
Total Tokens: 152,000 JGN
Distribution duration: 60 days
Start block: 6518310 (approx. 5AM UTC on April 13th)
Finish block: 8246310 (approx. 5AM UTC on June 12th)
Token rewards per block: 0.08796 JGN
In order to host the JGN Syrup Pool, we will need to provide a JGN-BNB farm that will have 2x CAKE rewards for the first 48 hours, then 1x CAKE rewards after that.
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.
What is Juggernaut?
Juggernaut is pioneering in the Non-Fungible Token (NFT) and Decentralized Finance (De-Fi) space, creating a completely custom De-Fi synthetics suite, governance, and NFT ecosystem. JGN is developing further use cases in the NFT space, allowing businesses and artists to tokenize their assets into their full-fledged ecosystem, supporting the creation and marketplace of the minted NFTs. Unlike traditional synthetic asset protocols such as Synthetix and Spartan Protocol, Juggernaut is focused on a non-commodity synthetics market.
To learn more about Juggernaut, the chefs advise you to visit their official communication channels:
How do you stake CAKE to earn JGN 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.
- Visit this webpage: https://pancakeswap.finance/syrup
- Click “Approve CAKE” on the JGN Syrup Pool
- Click on the stake button.
- Confirm the transaction.
BEP20 JGN will also be circulating and transferable on BSC when we start the Syrup pool, so you will be able to harvest your JGN tokens and trade on PancakeSwap at any time!
BEWARE OF FOOD POISONING! ⚠️⚠️⚠️💀
The official JGN token contract address on Binance Smart Chain is:
Any other JGN token will be a scam and will result in a financial loss for users. Do not buy tokens from any other token address. Always verify the token address before purchasing tokens. If you receive airdrops from another address for JGN tokens, they will be rotten tokens (but not the cool kind!), and we advise you to ignore them.
Chef Hops 🐰