"Cake is a platform that allows users to get cashflow from their cryptocurrencies in the most transparent way. Cake's focus is on a really simple user experience, apart from the high returns. Constantly adding more features, with the vision to eventually realize a true one-stop platform where you can manage all your assets." -Cake Team
Cake DeFi has been operating since 2019, and seems to be legit from what I can tell. It is based in Singapore, and strives to be fully transparent. They offer staking as well as liquidity mining.
At the moment, Cake is running a promotion that allows new users to take advantage of $20 worth of DeFiChain (DFI) token for free, as well as an additional $10 worth of the token for signing up using a referral link totalling $30. I have provided my referral link below. Users must make a deposit to be eligible for this bonus, but as far as I know there is no minimum deposit required! You can choose to deposit 1 satoshi if you please.
The free $30 of DFI will be locked for 180 days before it is able to be withdrawn, but it will be staked at around 37% APY during this time, and so your free bonus will be worth even more by the time is is ready to be withdrawn!
You will have to complete KYC to be eligible for the bonus, but this is well worth it in my opinion.
Sign up for Cake today and claim your free $30 of DFI!