1 week of Pool by Cake
DeFi Chain

1 week of Pool by Cake

By Fantomette | ChinDan02 | 14 Feb 2021

Hi all. I am not good at writing but I want to share my experience with DeFiChain.

DeFiChain is a  blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone. Their official website is https://defichain.com/ .

I started liquidity mining on https://pool.cakedefi.com/#/ a week ago after reading an article about it on this website.

When you sign up for a Pool by Cake account and make your first deposit of $50 or more in value (with any coin), you will receive a bonus of $20 worth of DFI. This bonus will be locked up for 180 days in the Confectionery program and automatically yields staking returns during this time.

If you use a referral code, both you and your referrer will receive an extra $10 worth of DFI, which will also be locked and staked in the Confectionery program.

When somebody you referred uses your referral code when signing up and makes a deposit, you will receive $10 worth of DFI.

This is my referral link if anyone want to join https://pool.cakedefi.com/#/?ref=667989 .

This is my rewards listing of 14.59 DFI staked. I like to remind that they pay rewards every 3 hours for staking and auto-compound is on also.


Liquidity mining seems more profitable and I chose DOGE-DFI because at that time the APY was over 200%. Obviously the APY is changing and also the price of DOGE and DFI is changing a lot these days. For example when DOGE is going up and DFI is stable the system change some DOGE to DFI to have a 1:1 parity in USD all the time.


For me as beginner is pretty ok to have some return everyday. Hope this post will be helpful. Sorry for any mistakes or misunderstandings.

How do you rate this article?




The one and only.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.