How to participate in Binance’s $120,000 BNB Reward Pool
TokenPocket Official site: www.tokenpocket.pro
Time of the event: 2020/11/27 1:00 PM — 2020/12/27 1:00 PM (UTC)（Original link）
Binance, in conjuction with PancakeSwap, launched a $120,000 BNB Reward Pool to further support the growth of Binance Smart Chain.
During the time of the event, stake up to 100,000 USD BNB on PancakeSwap through the Binance Smart Chain. Binance will provide 100,000 USD BNB for users who stake CAKE tokens in PancakeSwap’s Syrup Pool.
All users who hold BNB and earned CAKE tokens will share 20,000 USD worth BNB from the bonus pool equally.
Binance Smart Chain users will also be able to place bets on BNB to earn CAKE tokens from the $120,000 reward pool.
How to participate:
Create a Binance Smart Chain wallet
Deposit BEP20 BNB into your Binance Smart Chain wallet
Place bets to earn CAKE tokens (BNB can be unstaked at any time)
Notes:
Stake limit per Binance user: 10 BNB
Users who deliberately create multiple Binance Smart Chain wallets for this event will be blacklisted and will not receive any reward.
Step by step guide
- Open the TP wallet, click [Discover] and then search for the keyword: Pancake. Select [Syrup Pool] to open the application.
2. Pull down to find the mining pool for this event (make sure to choose the correct one). You can directly click the plus (+) sign to set the quantity and deposit it. Note that the maximum supported amount is 10 BNB.
3. Binance Smart Chain fees are very cheap. After authorization is completed, you will see the next features (this also means the operation was successful).
Click [Harvest] to withraw the rewards;
Click [Unstake BNB] to unstake;
Click [+] to deposit more BNB (Max. of 10 BNB)
Redeeming BNB is also very simple. After clicking the redemption option, set the amount to be redeemed, and authorize the operation. After that, you can return to the wallet balance and check it.
The opinions expressed in the Blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
This tutorial is for informational purposes about the operation of a DApp on the wallet only and is not intended to provide any investment. Investment involves risks. You must fully understand the risks and make your own investment decisions.
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