Tutorial on PancakeSwap BEL Syrup Pool and Farm With $16M Reward
Bella Protocol is now partnered with PancakeSwap, which is currently the largest DEX on Binance Smart Chain with a $3.3 Billion TVL. We have put together a tutorial for anyone who wants to participate in the PancakeSwap BEL Syrup Pool and Farm.
Users can stake BEL-BNB LP to share $16M reward in $CAKE and stake $CAKE to share 60-days of $200,000 reward in $BEL.
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Details on the BEL Syrup Pool:
Stake CAKE tokens to earn BEL tokens!
Total Tokens: 95,000 BEL
Distribution duration: 60 days
Start block: 5436590 (March 6th, 3 PM SGT)
Finish block: 7164590 (May 5th, 3 PM SGT)
Token rewards per block: 0.0549BEL
Details on the Farm:
Besides BEL Syrup Pool, there is also a BEL-BNB LP farm with 2x CAKE rewards for the first 48 hours and then 1x CAKE rewards after that. Calculating on 1x multiplier, BEL-BNB pool will distribute $16,000,000 every year. Join now!
Setup
- Connect your wallet (Metamask, TrustWallet, etc.) to BSC Mainnet (Binance Smart Chain). If this is your first time, you’ll need to set up BSC through ‘Custom RPC.’
How To Connect Metamask To BSC
The official BEL token contract address on Binance Smart Chain is: 0x8443f091997f06a61670b735ed92734f5628692f
Warning: any other BEL token will be a scam and 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 BEL tokens, we advise you to ignore them. - Deposit Assets. PancakeSwap is on BSC. You’ll need BEP-20 BEL & BNB. You can get them on Binance Exchange.
- Staking. To earn $BEL, stake $CAKE in the BEL Syrup Pool.
- Liquidity mining. To earn $CAKE, provide liquidity toBEL-BNB pair, and then stake the BEL-BNB LP in PancakeSwap Farm.
How To Farm $BEL
1.1 Visit the PancakeSwap website: https://pancakeswap.finance/syrup
1.2 Connect your wallet & make sure it is on BSC mainnet.
1.3 To stake. Within the “Farms” tab, click “BEL-BNB LP.”
1.4 In the drop-down section, click “Stake: BEL-BNB LP” to provide liquidity for the BEL-BNB pair to get LP token.
1.5 Under “Liquidity,” input the intended amount of BEL & BNB.
1.6 Confirm the transaction in your wallet to add liquidity and get LP tokens.
1.7 Click “Farm” on the left sidebar, and you’ll see that the “Enable” bar under BEL-BNB LP changed to “Stake LP.”
1.8 Click “Stake LP” and input the intended amount. Confirm the transaction in your wallet.
1.9 Click “-” or “+” to adjust the amount of LP tokens staked. Click “Harvest” to get your CAKE rewards.
How To Remove Liquidity
2.1 To unstake. Click “-” and input the intended amount and then confirm the transaction in your wallet.
2.2 Click “Trade” on the left side-bar and then click “Liquidity.”
2.3 Click “Remove” to remove the liquidity. Confirm the transaction in your wallet.
How To Stake $CAKE To Earn $BEL
3.1 Click “Pool” on the left side-bar and find “BEL Pool.”
3.2 Click “+” to input the intended amount. Confirm the transaction in your wallet.
3.3 Click “Harvest” to get your BEL rewards. Click “+” to stake more CAKE.
How To Unstake $CAKE
4.1 Referencing step 3.3, Click “Unstake CAKE” and confirm the transaction in your wallet. The “Your Stake” section shows how many CAKE you have staked.
About Bella
Bella is a suite of open finance products, including automated yield farming tools, lending protocol, 1-click savings account, customized Robo-advisor, and more. We believe everyone deserves equal access to premium financial products and services with elegant design and a smooth user experience.
Bella Protocol is backed by Binance Labs and Arrington Capital as lead investors. Other investors include Alphabit, AlphaCoin Fund, Koi Ventures, Ledger Captial, Tensor, N7 labs, Quest Captical, HBTC Labs, and more.
Bella brings your familiar mobile banking into crypto with just one click. With Bella, you can just simply sit back, watch your asset grow, and leave all the heavy-lifting to secure, automated smart contracts.
Bella’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and a proven track record in finance, cryptography, blockchain, and engineering.
For more information about Bella, or to join our team, please contact us at contact@bella.fi
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