Sett User Guides - Binance Smart Chain (BSC)
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Pre Launch
bDigg/BBTC Pancake LP - Inactive
Optimize Cake rewards through frequent compounding. All gains are sold to underlying position. The underlying LP position is staked in the PancakeStaking contract. All cake rewards are compounded into the cake staking feature of the PancakeStaking contract.

Custom Parameters

  • token0 / token1: corresponding token for want LP pair
  • paths: Governance or Strategist can define the PancakeSwap path to use when trading two assets. This will be looked up and used when selling Cake to both token0 and token1 prior to increasing LP Position.

Deposit

Deposit specified LP token amount into PancakeStaking contract.

Tend

Gather all gained Cake and stake into Cake staking feature of PancakeStaking.

Harvest Cake: from Want staking

Harvest Cake from LP staking position.

Harvest & Compound Cake: from Cake staking

Harvest cake rewards from existing Cake staking position. Using the fact that enterStaking() method distributes gains before the deposit, we can do the harvest & deposit transaction in one action (aka "Compounding").

Harvest

Gather all staked & earned Cake and convert to the underlying LP position by selling to the LP position components and then adding the liquidity.

Withdraw All (Migrate)

All Cake will go to the governance rewards contract. All Syrup is burned as part of leaveStaking() to withdraw Cake.
Last modified 1mo ago