We've launched the V3 LP staking program for CELL on the BSC network.
16 May 2023, 06:50
We've launched the V3 LP staking program for CELL on the BSC network.
Cellframe recently unveiled the V3 staking program for ERC-721 LP tokens on Uniswap, and now we're releasing the same feature for PancakeSwap. The V3 protocol on BSC issues LP tokens BEP-721.
How to stake LP tokens on the PancakeSwap V3:
- Create a V3 pair on PancakeSwap
- Use the staking site to set up your stake
- Select a trading price range in which your CELL will be available to swap for your second token.
For example, if you stake the CELL/BNB pair, you set a range of CELL per BNB trades on V3, and you will provide liquidity in that range.
When the token trades within this range, you collect trading fees as a liquidity provider.
PancakeSwap V3 staking will be available for CELL/BNB, CELL/BUSD, CELL/DAI, and CELL/USDT.
The rewards pool for the first year of staking is O.5M for CELL/BNB and 0.2M each for CELL/BUSD and CELL/DAI, and CELL/USDT.
#staking #stake_cellframe