Good morning PancakeSwap chefs!
When Binance announced the TWT token airdrop I had no clue what to do with my tokens. Once they completed the distribution of Trust Wallet tokens (TWT) to users I found 100 TWT in my Spot Wallet. I sent them to Metamask BSC wallet and looked for places to put them to work.
I paid 0.5 TWT for the transaction and I received them in few minutes. Was time to put them to work!
I was already planning to stake the TWT on PancakeSwap, but when I seen two more surprises related to the TWT airdrop, another surprise giveaway and a TWT CAKE Pool with extra rewards. The Twitter Giveaway offered an additional 1000 Cake for the Trust Wallet Community, shared between 10 winners. The Cake Pool was created as a holiday bonus, where each user can stake a maximum of 1,000 TWT. The reward pool consists in $250,000 CAKE tokens which will be distributed over 7 days. I seen this on the staking guide and yes... the APY was colossal before the pool got crowded.
Once transferred, the TWT must be added as a custom token. Check your wallet on BscScan and open the TWT deposit and add the token contract address. This can be found in the right side, at the profile summary.
The Trust Wallet Token can than be found in the Staking Tab, with an upper limit of 1000 TWT for each user. As the pool was already active for few hours, the APY dropped to 339,22%. Never heard anyone complaing about a 339.22% APY
I love Binance Smart-Chain, and the ultra low fees. Took few seconds to approve and confirm the TWT deposit.
Once done, the TWT started to earn CAKE. Did you notice the APY dropping 18% in a minute?
Only 48 hours later, the TWT Cake Pool already managed to generate some rewards. Few days left of staking and than I will add TWT as liquidity in a BNB paring.
Resources:
The fountains: PipeFlare ZCash, GlobalHive ZCash & Get.ZEN
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