The PANCAKE NFT

The PANCAKE NFT is designed to increase the utility of PAN token and incentive PANFAM to hodl ytCRO, the yield, token. There are six levels of PANCAKE NFT. Each level of PANCAKE has a range of boost percentage of holded ytCRO amount and each of PANCAKE is unique. Each level of PANCAKE has its possibility of minted.

The details of each level are listed in below:

• Level 1:

  • Power: 200 ~ 400 (2% ~ 4% amount boost)

  • Possibility of minting: 60%

• Level 2:

  • Power: 500 ~ 700 (5% ~ 7% amount boost)

  • Possibility of minting: 30%

• Level 3:

  • Power: 800 ~ 1100 (8% ~ 11% amount boost)

  • Possibility of minting: 7%

• Level 4:

  • Power: 1200 ~ 1500 (12% ~ 15% amount boost)

  • Possibility of minting: 2%

• Level 5:

  • Power: 1600 ~ 1900 (16% ~ 19% amount boost)

  • Possibility of minting: 0.75%

• Level 6:

  • Power: 3000 ~ 3500 (30% ~ 35% amount boost)

  • Possibility of minting: 0.25%

Rules of PANCAKE NFT:

1. One time use: after applied the PANCAKE boost, the holded ytCRO token can't be moved or burned. If ytCRO token is moved, the boost effect will be disappeared.

2. Overwritable: User can use new PANCAKE to overwrite the old boost effect. The new boost effect will overwrite the old boost effect. The boost effect won't be added of the two.

3. Boost rate applied to all ytCRO holdings: If the ytCRO is moved to the holder who has used the PANCAKE boost, the boost rate is applied to the new holding. It means the holder can mint more ytCRO and enjoy more boost amount as long as the ytCRO doesn't moved out.