PancakeSwap will launch a ALPA-BNB farm and corresponding staking pool starting at 5AM UTC. The new token pool and farm were voted on and successfully passed by the community. Users can provide ALPA-BNB pairs to fund the liquidity farm, allowing users to exchange the token. CAKE holders looking to take advantage of staking for the token can add CAKE to the new staking pool. Starting on April 15, at 5AM UTC, the farm will have 2x CAKE rewards for the first 48 hours, then 1x CAKE rewards starting April 17 at 5AM UTC.
The ALPA staking pool will exist for 60 days, distributing a total of 406,000 tokens via staking. Users can take advantage of the farm and staking pool by either purchasing ALPA-BNB LP, or by staking CAKE to the ALPA staking pool.
To access the new pool and farm, visit the PancakeSwap website. ALPA is the native token to the DeFi project Alpaca City. Alpaca City is a virtual world built on Ethereum blockchain and Binance Smart Chain where users can manage their on-chain assets through collecting and breeding Alpaca NFTs. Every Alpaca has varies genetic traits which not only make it unique, but also signifies its ability to generate yields.