On May 26th, BitWell reached a cooperation with PancakeSwap, the top ranked mining platform on the Binance Smartchain BSC. PancakeSwap went live with BitWell platform token WELL liquidity mining, and both CAKE's holders and WELL-BUSD liquidity providers will receive mining rewards.
WELL liquidity mining on PancakeSwap is currently available.
Stake CAKE, Earn WELL
Users can stake CAKE in the Syrup Pools of PancakeSwap to earn WELL:
Total Tokens: 350,000 WELL
Start block: 7736200 (approx. 5am UTC on May 26th)
Finish block: 9464200 (approx. 5am UTC on July 25th)
Token rewards per block: 0.2025 WELL
Max Stake per wallet: 100 CAKE for the first 48 hours, then unlimited CAKE staking.
How to stake:
Visit the webpage: https://pancakeswap.finance/syrup
Click “Approve CAKE” on the WELL Syrup Pool
Click on the stake button.
Confirm the transaction.
Provide liquidity for WELL-BUSD and get CAKE
PancakeSwap’s Farm area will open an exclusive WELL-BUSD mining pool where users can participate in liquidity mining by providing liquidity to WELL-BUSD for LP.
Start time: 5:00 AM on May 26th(UTC)
End time: 5:00 AM on July 25th(UTC)
PancakeSwap will offer a WELL-BUSD farm where holders will have the opportunity to receive 1x CAKE token reward within the first 48 hours and 0.5x CAKE token reward thereafter.
Daily reward is about 3600 CAKE, the exact amount is subject to the actual number of distribution
The current WELL-BUSD liquidity pool has an APY of over 4000%.
How to stake:
o Visit the website: https://pancakeswap.finance/farms
o Find the WELL-BUSD pool and click on the “Details” button
o Click on the “Get WELL-BUSD LP” button and make a pledge in the pop-up screen to become an LP
o Click on the “Enable” or “Approve Contract” button to authorize
o Confirm the transaction
Since WELL is connected to the BSC network, you may feel free to trade WELL on PancakeSwap while participating in liquidity mining on PancakeSwap.
The official WELL token contract address on Binance Smart Chain is:
When purchasing and trading WELL, please verify the contract address first to ensure the safety of your assets.
The cooperation with PancakeSwap and the opening of liquidity mining represents the full implementation of WELL's new application scenario ‘Gold Shovel’ function. In the future, BitWell will continue to expand external cooperation to expand more WELL's ‘Gold Shovel’ scenarios.
PancakeSwap is a decentralized exchange for earning tokens based on the Binance Smart Chain. PancakeSwap uses an Automated Market Maker (AMM) mechanism that allows token trading on the BSC. It is also possible to earn CAKE through the revenue farm, CAKE through staking and more tokens through the syrup pool.
PancakeSwap is also currently the NO.1 AMM mechanism DEX on BSC with a TVL of over $6 billion. In addition to trading features, PancakeSwap also has Farms, Syrup, Lottery, IFO and other features.
BitWell is an international digital asset derivatives trading platform, with team members from more than 10 countries and regions around the world and core cadres who have worked for Morgan Stanley, IBM, Paypal, Tencent, Baidu, Sina, Binance and other globally renowned financial and technology companies. It is also the platform with the fastest and most complete spot trading of BSC quality projects and the highest return on demand finance, which can meet the needs of users at all levels and provide users with one-stop digital asset trading and financial management services.