CakeDeFi has launched a learn & earn program - Get $5 in DFI tokens - All answers!
CakeDeFi learn & earn

CakeDeFi has launched a learn & earn program - Get $5 in DFI tokens - All answers!


Hey, this is Cryptonator again, bringing you another hot crypto news. This time great news comes from CakeDefi. They have just launched their own learn & earn program starting with $5 in DFI tokens.

To make it a little bit easier for you, I will provide you with the correct answers to the five lessons.

 

Question 1: How can DeFiChain be described in one sentence?

 

Answer: DeFiChain is a blockchain dedicated to Native Decentralized Finance for Bitcoin.

 

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Question 2: What is Decentralized Finance?

 

Answer: Decentralized Finance are all types of financial applications without the need of a third-party intermediary like a bank  

 

9fe772c557be563dcb9ff6cbf3bdee40dec55fd0cd8fbd272fe2cad0b1a7cecb.png  

 

Question 3: What are the benefits of #NativeDeFi?  

 

Answer: Code on Ethereum blockchains gets compiled and runs through a virtual machine. During this process, many issues can occur, making it less secure than #NativeDeFi blockchains like DeFiChain.  

 

8c29c9754cdd40be5c2b3313d83a39de14bf761a8af31557e78abfb5da3505ee.png  

Question 4: What are the main ways to earn incredibly high yields with DeFiChain?  

 

Answer: Staking and Liquidity Mining offer great and easy ways for anyone to earn block rewards with over 50% yearly returns.  

5a19ef1764047c740dc3161c62175b5610d94b2a7e7b312ffa344648de3c5199.png   

Question 5: What is DeFiChain’s Decentralized Exchange?

 

Answer: DeFiChain’s decentralized exchange is the cornerstone of most decentralized financial applications in the DeFiChain ecosystem, enabling trading, liquidity mining, and more

 

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CakeDeFi helps you to put your crypto to work and to generate passive income easily and uncomplicated. It is still possible to get the $30 sign-up bonus but only for a limited period of time!

If you haven't signed up for CakeDeFi yet, use this code to receive a $30 sign-up bonus after you made an initial deposit of $50 in any supported currency: 528168

More learn & earn lessons will follow. I can see that lessons for Ethereum and Bitcoin will follow ;)

I hope that this information is somehow valuable and helpful to you.

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You may also like: TOP 6 Centralized Cryptocurrency Exchanges

 

 

 

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