CAKE Syrup Pool FAQ (2024)

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FAQ

What lock duration can we choose?

What variables affect the new CAKE Syrup Pool APYs (Flexible and Fixed-Term Staking options)?

Can I harvest the rewards during the locked period?

Can I extend the lock duration?

Can I remove my CAKE from Fixed-Term staking via contract if I change my mind?

What is the "CAKE Locked" amount?

Can the Fixed-Term Staking CAKE pool APY change after I lock my CAKE?

Can I still participate in IFOs if my CAKE is locked in the Fixed-Term Staking pool, or will I need to buy more CAKE?

Can I vote if my CAKE is locked in the Fixed-Term Staking pool?

Can I use both the Flexible Staking CAKE pool and the Fixed-Term Staking CAKE pool at the same time?

Is there a fee for converting Flexible Staked CAKE to Fixed-Term Staked CAKE?

What happens at the end of the lock duration? What is "After Burning"?

CAKE Syrup Pool FAQ (2024)

FAQs

How does CAKE syrup pool work? ›

The Orbs Syrup pool on PancakeSwap enables Orbs liquidity providers to farm CAKE tokens and in addition, stake CAKE tokens to earn additional ORBS. This initiative is an important first milestone to gain a stronger foothold for Orbs on Binance Smart Chain.

What happens when a syrup pool ends? ›

What does the “End” number on my Syrup Pool refer to? This shows the amount of blocks left until the rewards for that pool stop being distributed. Once the pool has reached that block, you should unstake your tokens, because you won't be receiving any rewards after that.

What is PancakeSwap pool? ›

​PancakeSwap pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”. When you add your token to a liquidity pool (LP), you will receive FLIP tokens (PancakeSwap's version of liquidity provider tokens).

Why do they spray cakes with simple syrup? ›

Bakers gently brush simple syrup over each layer, allowing the liquid to soak into the sponge. This adds the perfect amount of extra moisture to the cake and gives a touch of added sweetness. It's also a helpful remedy if you overbaked your cake, because the simple syrup puts moisture back in.

How do you use pool syrup? ›

Getting started with Syrup Pool staking
  1. Go to the Pools page here.
  2. Connect to your BNB Smart Chain-compatible wallet by clicking the Connect button (top right-hand side). ...
  3. Choose your wallet and connect.
  4. Choose which Syrup Pool you want to stake in. ...
  5. Once you choose a pool, click the Enable button.

What happens if you don't treat a pool? ›

Without proper maintenance and care, a dirty pool can cause recreational water illnesses (RWIs). These illnesses include diarrhea, ear infections, respiratory infections, rashes, and/or inflamed eyes and lungs. That may sound alarming, but a well-maintained pool leaves nothing to fear.

What happens at pool handover? ›

A time will be arranged with you to conduct the Swimming Pool Handover. This usually takes around 90 minutes, and will involve a comprehensive Equipment demonstration. The pump, chlorinators, pool cleaners, remote controls etc. will be commissioned at this stage.

Can you pull out of a liquidity pool? ›

To withdraw liquidity, first connect your wallet. Once connected, navigate to the "DAO" tab, and click on "Pools". Next, enter the token pair (of the liquidity pool you wish to withdraw from) into the search bar. Then, click the little red minus button.

Is staking CAKE on PancakeSwap profitable? ›

Staking CAKE is mildly easy and requires a metamask wallet or BNB Wallet containing CAKE and BSC (BNB) to pay for gas. With current participation rates, you can earn an APY of over 45% in the CAKE Pool.

How do you make money on PancakeSwap liquidity pool? ›

The most profitable way to earn on PancakeSwap is yield farming, which can provide users with large returns. The LP token rewards earned previously can be farmed in the PancakeSwap platform, which provides a way to collect its own governance token called CAKE.

How does impermanent loss work? ›

Impermanent loss happens when the price of a token changes relative to its pair, between the time you deposit it in a liquidity pool and when you withdraw it. Think of it as primarily an unrealized opportunity cost.

How do you use PancakeSwap pool? ›

How to create a pool on PancakeSwap?
  1. Prepare two coins in your wallet and Binance (BNB). ...
  2. Connect with your wallet and press on “Add Liquidity”. ...
  3. Entering the number of coins and enabling them. ...
  4. Click on the Supply button. ...
  5. Press the “Create Pool & Supply” button to proceed. ...
  6. Confirm pool creating in your wallet.
Dec 10, 2021

Why does simple syrup need to be refrigerated? ›

Refrigerating simple syrup extends its shelf life and slows the future growth of bacteria. You can keep it at room temperature, but it will go bad much faster. If you plan use up it up within a few days, it can be stored at room temperature. Otherwise I highly recommend storing it in the fridge or freezer.

How long does simple syrup last? ›

Homemade simple syrup should be stored in the refrigerator. When stored properly, it has a shelf life of up to one month.

Why is my simple syrup hardening? ›

Simple syrup crystallizes when enough of the sugar molecules stick to one another that they become insoluble in the water. In a syrup prepared with a high 2:1 ratio of sugar to water (often referred to as a rich syrup), the chance of sugar molecules clustering and crystallizing is high.

How often should you use pool acid? ›

We recommend adding Acid weekly! Adding a little and often is better for your water and can actually save you money overtime. Large doses over longer periods of time take a larger portion of your 'Total alkalinity' away.

How does liquid pool works? ›

How do liquidity pools work? Liquidity pools are created when users (called liquidity providers) deposit their digital assets into a smart contract. These assets can then be traded against each other on a DEX. When a user provides liquidity, a smart contract issues liquidity pool tokens (LPTs).

What are the 5 diseases can you get from a swimming pool? ›

  • Diarrhea and Swimming.
  • Hot Tub Rash.
  • Ear Infections.
  • Legionella Infections.
  • Red Eyes and Swimming.
  • Lice, Pinworms, and MRSA.

Is it OK to not shower after pool? ›

Leaving chlorine and other pool chemicals on your skin after you swim is a bad idea. They can dry out your skin, removing its natural protective oils., especially if you sleep with chlorine on your body. This can irritate it and leave it vulnerable to infections. If you're itchy after you swim, this may be why.

What happens if you don't shower after the pool once? ›

By neglecting to shower after swimming in public places, you are putting more than just yourself at risk for infections and disease. You also jeopardize the wellbeing of those that you come into contact with as then you are all at risk of contracting recreations water illnesses and infections.

What are the six steps to starting pooling? ›

In order to participate in pooling, you will have to create new plots.
...
How to Start Pooling in 6 Steps
  1. Step 1: Sync your full node and wallet. ...
  2. Step 2: Receive some XCH. ...
  3. Step 3: Create Plot NFT. ...
  4. Step 4: Add Plots. ...
  5. Step 5: Manage your Plot NFT.
Jan 27, 2022

What are three things you should not do at a pool? ›

Three Things You Should Never Do At The Pool
  • Horseplay. Children and teens are prone to dangerous pool games, like chicken, and other activities that encourage putting someone's head below the water. ...
  • Playing Near the Drain. ...
  • Running Around the Pool.
May 10, 2021

What are two safety practices at the pool? ›

  • Do not enter head first unless in a pool that has a safe diving area.
  • Stay away from drains and other openings that cause suction.
  • Swim with a buddy.
  • Only swim when supervised by a water watcher.
  • Swim sober.
  • Supervise others sober and without distractions, such as reading or talking on or using a cell phone.

What happens when liquidity pool dries up? ›

If there's not enough liquidity for a given trading pair (say ETH to COMP) on all protocols, then users will be stuck with tokens they can't sell.

What is the most profitable liquidity pool? ›

Bancor is one of the top liquidity pools, especially for employing BNT to simplify data transfer between various blockchain networks with ETH and EOS blockchain networks. As compared to a fixed exchanging fee, Bancor charges 0.1% to 0.5% of the transaction, according to the pool.

Can liquidity pools get hacked? ›

Liquidity pools are hackable. At their basic core, liquidity pools are lines of code, an algorithm to facilitate a form of trading. These lines of code can be exploited through bugs identified in them. One of the various ways in which liquidity pools can be hacked is rug pulling.

Is CAKE staking good investment? ›

Staking Cake on PancakeSwap offers many benefits over traditional yield farming. Mainly, all of the platform's staking options provide an extremely high return, and they are not traditional liquidity pools.

Is staking CAKE a good idea? ›

Users can stake tokens on PancakeSwap and earn more tokens with ease. Specifically, you stake CAKE on the platform. Staking is considered a better option for those new to the crypto market because it requires far less labor than trading.

How much profit can you make from staking? ›

You can get as low as 1-2% profit from staking or as high as 150% per annum. The longer you stake, the higher your profit tends to be. Typically, coins and tokens with high market caps offer lower annual percentage yields (APYs) than cryptocurrencies with lower market caps.

Should you chill cakes before stacking? ›

Not chilling the cake will result in a non-straight cake. It can be lopsided, or even fall," explains Smith. Warm cake is more tender and likely to break. But chilling the cake helps the baked good firm up so it can withstand frosting, stacking, and any moving between places.

How many layers can you stack a cake? ›

Do not try to stack more than 2 layers. Before putting the cake layer(s) onto the board, lightly place the next cake board on top of the previous cake layer to make an outline; this way you will know where to place the dowels, making sure they are actually under the next layer.

Should you level cakes hot or cold? ›

Leveling works best on a completely cool cake; a warm and fragile cake will shed a mountain of crumbs as it's sliced. It also depends on having the right tool for the job—not a senseless, unitasking cake cutter, but a nine- or 10-inch serrated knife.

What is cake balancing formula? ›

Basic principles of addressing a balanced cake formula

Amount of sugar should be less than flour 85-90%. Amount of fat should be less than sugar 50-70%. Amount of egg should be higher than fat 55-75%. Total amount of liquids should be higher than sugar. Chemical leavening should be from 0-3%.

Do you chill a cake before leveling? ›

Let your cake completely cool before moving or leveling it. Transporting or leveling a cake that's still warm will cause the cake to crack, making it much harder to level and frost later on.

How can you lose money with liquidity pools? ›

Impermanent loss is one of the most intimate experiences liquidity providers ever have with their money. When you deposit tokens into a liquidity pool and its price changes a few days later, the amount of money lost due to that change is your impermanent loss.

How do you get paid from a liquidity pool fees? ›

So, if you contribute $10,000 to a liquidity pool with $100,000 in total, you will receive a token representing 10% of the pool. You can redeem the token for a 10% share of the trading fees generated by providing liquidity to that specific ERC-20 token.

How much liquidity should I add to my token? ›

How much liquidity I should lock? Liquidity is the first thing that your investors check for and anything which stands out might make them uncomfortable. Ideally, you should lock all your liquidity, and at minimum 80%. Otherwise, many token scan tools like Mudra Research and poocoin will start flagging your token.

Is impermanent loss risky? ›

Impermanent loss (or divergence loss) is a potential risk faced by DeFi investors. It describes the type of loss that a liquidity provider has to bear when the value of a crypto asset deposited into an AMM (automated market maker) differs from its value if it was just held in a crypto wallet.

Is impermanent loss worth it? ›

The value of impermanent loss can be quite significant if one of the assets sees big price fluctuations. For example, as the chart below shows, if the value of an asset in the pool goes up by 500% the impermanent loss would equal 25%. As such, it may seem like participating in liquidity pools isn't worth it.

Can impermanent loss ever be eliminated? ›

How Can You Avoid Impermanent Loss? Unfortunately, there will be impermanent loss as long as there are price fluctuations. One way to mitigate the extent of impermanent loss is to provide liquidity to a pool of two stablecoins such as a DAI-USDT pool.

How do CAKE syrup pools work? ›

When users lock up their deposited tokens, they get rewarded in CAKE. Traders can earn even more rewards by staking their CAKE in SYRUP pools. Yum! SYRUP pools are special staking processes, the biggest of which is for staking CAKE to earn even more CAKE.

How do PancakeSwap liquidity pools work? ›

Liquidity providers need to add two tokens in equal quantities to a liquidity pool of their choosing. These tokens are locked up for some time and are used in exchanges to allow other users to trade directly with the pool. The draw of adding liquidity on PancakeSwap is the incentives that the platform offers in return.

How do you redeem pool tokens? ›

You must click on the pools in which you participated (Galaxy, Moon, or both, depending on your situation), and click the "Redeem" button in each pool to redeem your tokens. You will need to make sure you redeem your tokens with each wallet address you won with, and in each pool you participated in.

Does cake release spray work? ›

Having used it for a few months now, I can confirm it works great. Sticks down my greaseproof paper when I'm baking round cakes and got my slices out just fine with no paper used at all. Of course, you can also make your own. A quick google for 'Cake Release Recipes' (See also; pan release) brought up loads.

Why do they spray sugar water on cakes? ›

They do it both to help keep the cake moist, and to add extra flavour. And those are all great reasons why it's also an excellent addition to any home baker's repertoire.

What is the risk of liquidity pool? ›

Risks involved in liquidity pools

The most common risk that liquidity providers could face is that of impermanent loss. In simple terms, impermanent loss means that the fiat value of a user's crypto assets deposited to a pool could decline over time.

How long does liquid pool cover last? ›

And since a 1L bottle is good for 4 months on a 50,000L pool, the savings alone from water evaporation is more than enough to pay for the liquid solar pool cover!

How long does liquid pool shock last? ›

So if you buy liquid shock, be aware that it only lasts one to two months at the most before it starts to lose effectiveness. While many swimming pool chemicals stay good for years if stored correctly, some pool-maintenance supplies expire more quickly.

Is cake gel necessary? ›

It promotes the dispersion of one liquid into another non-mixable liquid. A Cake Gel also stabilises the bubbles in the batter, which helps the cake to receive a nice improved volume, a perfect moist and even crumb. It also adds softness and a perceived freshness to the cake.

How do you lock moisture in a cake? ›

Store the cake properly.

When left out at room temperature without any covering, a baked cake—even a frosted cake—dries out quickly. A better way to store cake is to cover it in plastic wrap followed by aluminum foil. This seals in moisture and prevents air from drying out the cake.

Can I put alcohol in simple syrup? ›

Alcohol can help preserve the mixture and extend its shelf life. Add a neutral spirit, like vodka, to bring your syrup's alcohol-by-volume (abv) up to about 15% to create a syrup that will last at least a few months. This equates to 5 fluid ounces, or a little more than ½ cup of alcohol, for one quart of syrup.

Why do cakes need a water bath? ›

The water distributes heat around the cake pan, protecting delicate foods by maintaining an even low-moisture heat. This method leads to a beautiful smooth top for sponges. It prevents the cake from rapidly expanding which leads to the disappointing cracking of cake tops.

How long will a sugar sail last on a cake? ›

Caramel sail decoration held up on a cake in the fridge nicely for up to 3 days.

What is simple syrup used for? ›

What is simple syrup? Simple syrup is a liquid sweetener made by dissolving sugar in water. That's literally it. Simple syrup disperses sweetness evenly throughout beverages of any temperature, making it a key component of many iced drinks and co*cktails (like sparkling beet lemonade or a whiskey sour).

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