I've noticed many people recently getting into this #PancakeSwap , and I've done a comprehensive assessment: from participation methods to suitable audiences! @Port3 Network @币安广场
• Participation Method: You need to provide liquidity to the SQR-USDT V3 pool on PancakeSwap
• Fund Ratio Requirement: 70% SQR + 30% USDT
• Platform Chain: BSC chain (you need BNB to pay gas fees)
• Current Annualized Yield (APR): Up to 124.91%
• Daily Rewards: Currently, a total of $288.29 is distributed daily, with 47 users participating
• Reward Token: The distribution is $SQR (platform token)
‼️ Then who is suitable for this:
Not exactly “purely free-riding,” but it's quite appealing for those with the following conditions:
Suitable for participation:
• Already holding some SQR + USDT
• Not afraid of short-term lock-up (recommended to hold for several days after joining LP)
• Want to participate in early mining activities of the platform, hoping for future price increases
Not suitable for participation:
• Doesn't want to spend money, doesn't have SQR
• Doesn't have BNB/USDT or doesn't know how to use PancakeSwap
• Dislikes on-chain operations, prefers social-type light tasks