PancakeSwap Launches Its First IFO on Arbitrum Featuring Eigenpie
PancakeSwap's Groundbreaking IFO on Arbitrum
PancakeSwap has unveiled an Initial Farm Offering (IFO) on the Arbitrum network, highlighting Eigenpie, a top Liquid Restaking Protocol. This launch is a crucial step in PancakeSwap's multichain expansion journey.
Key Details of the IFO
- Event Dates: September 24, 2024, at 10:15 AM UTC to September 25, 2024, at 10:15 AM UTC
- Participation: Open to all CAKE holders and exclusive access for veCAKE holders with reduced fees
- Token Spotlight: EGP, Eigenpie’s governance token
Eigenpie is an innovative Liquid Restaking Protocol that supports users in restaking their ETH or Liquid Staking Tokens (LSTs) while maintaining liquidity. Participants can engage with the EGP token to influence governance and earn rewards.
How to Participate
- For all CAKE holders: Join the Basic IFO.
- For veCAKE holders: Access the Public IFO with lower participation costs.
To join, holders must lock CAKE to acquire veCAKE for IFO participation.
Disclaimer: This content serves informational purposes only and should not be considered financial advice.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.