Hey all,
It's been a while since I've wrote something meaningful on publish0x but I think it's time I let it go.
I'm back with cakedefi and to be honest I can't tell if it's a ponzi or not. Feel free to comment below. I have recently started proactively referring people and staking all I earn in a 10 year freezer. For those not familiar I'll give a brief run through.
The platform claims that they provide and easy way to create consistent cash flow by allowing you to stake, liquidity mine and lend. All earning great returns. An added benefit is that you can refer and earn on referrals as well as receive a sign up bonus (30 dollars & 10 dollars for the person who referred you). This gets locked for 6 months and you'll be able to withdraw any interest earned and the complete amount once the lock up period is done. All in all that's cakedefi in a nutshell. You have to verify your account so it's more of a CEFI project then Defi. To be blunt it's definitely not Defi.
My thoughts and experience. In all honesty I have a ton of questions I'd like to ask and confirm to see if it's not just a good old ponzi but I can't seem to find information anywhere. No one really knows that fine specific details around the coin and the ecosystem but what I can tell you is that everything works. Like it legitimately works. I verified, deposited, made some cash and even withdrawed. It's really a fantastic project with great demand for the coin on all exchanges listed (kucoin). Even publish uses them so we know that they are reputable.
Hence I came up with a genius idea to start promoting the 3 main apps I use in order to generate extra cash which hopefully will eventually make me a dollar millionaire. At the end of the day I need everyone's support to make it happen.
I did some basic math and if I were to be able to refer 500 people @ 10 dollars a referral I would of generated 5000 dollars that I'll lock in a freezer for 10 years that would earn roughly 150% - 200% APY. This number varies but for the purpose of my example well use 100%. In theory if I leave it for 8 years I would have generated an amount of 1,2 million. Granted that isn't the real figure and theirs a dramatic amount of factors to consider but if I can achieve anything remotely close to that I would still be extremely happy with the results hence I need you!!! Without you I doubt I'll be able to achieve the above so take my word for it and sign up. Youll even get 30 dollars free. Best of all once your verified and you make the deposit of 50 dollars to trigger the reward you can even remove it without impacting anything.
What's stopping you? How's about we all do it and get this money machine working for all of us. Please use my link or referral code when signing up. Like you have to use mine. Let's prove to the world that financial freedom is possible! If you liked this article stay tuned as I'll be sharing a further update on how you can make atleast 110 dollars on blockfi and Celsius! I've done it and I'm pretty sure you can too. It's a win win for both of us.
My referral code is 299103 and the link is Cakedefi
Also if you keen on making a 100 dollars on Celsius please use my link Celsius
Id love to start sharing my results but to be honest I've been doing really crap so if I do start getting the support and the numbers go up I will start sharing my results and you'll be able to check my results out daily, weekly, monthly etc. If you happen to read this and your influential please don't be shy to pass this on to your audience. I'm not desperate but I have a point to make that you can become extremely sorted through referrals.
Anyway until next time. Cheers
