STEP BY STEP GUIDE ON HOW TO STAKE CAKE TO Earn Lien
Beforere diving into the main topic, let's familiarize ourselves with the Lien_Protocol
Lien is a self-regulating protocol that allows for issuing options in a whole new way. You can use the protocol to create your own unique derivative contracts and take advantage of the price development of ETH in an efficient manner.
The protocol is designed to work without a governance mechanism, eliminating various complications that result from human intervention and allowing for greater efficiency
Recently Lien joined forces with Pancakeswap and a new pool is up was birthed. Cake Hodlers will be the main beneficiaries.
Now you can stake your cake and earn $Lien. Lien farm and Syrup Pool went LIVE 5 days ago and it is still on, it is not to late to join the train.
•Stake CAKE tokens to earn LIEN tokens!
•Total Tokens: 6,000 LIEN
•Distribution duration: 60 days
•Start block: 6011150 (March 26th 3PM SGT)
•Finish block: 7739150 (May 25th 3PM SGT)
•Token rewards per block: 0.003472 LIEN
It is simple and for this toturial, we are going to be using Trustwallet. Don't freak out if you are using metamask, tokenpocket or any other wallet. The procedures are all the same, the only difference is the interface.
Locate the DApp browser
Locate the trustwallet application and click on the DApp option located below the interface.
Connect
The search option will pop up. Past this link
https://pancakeswap.finance/syrup and wait for it to load. After you are welcomed into a new page, You will find the CONNECT icon at the top right corner of the interface
Select
After the previous step, you will be asked to select the wallet you are using for the process. We are using Trustwallet, so that is the pick.
Approve
Scroll down and you will find the pCWS pool smiling down at you. Tap on the approve icon, you are going to need gas fees for the approval and confirmation steps.
Input Amount of cake
After you approve this, click on the addition(+) icon and input the number of cake you plan on using. Then confirm, this step needs gas fee as well.
CONGRATULATIONS, you have successfully staked your cake to earn $Lien.
Learn More or Reach Out
•Website: https://lien.finance/
•Twitter: https://twitter.com/LienFinance
•Telegram: https://t.me/Lien_Finance
•Medium: https://medium.com/lien-finance