In one of my recent posts, I explained how you can get $30 in $DFI tokens for free. I have received my $30 bonus on the 24th of December. Today, at the time of writing, they are already worth $65! Here is what I did and my personal experience so far.
What I did was, I registered on CakeDeFi´s website and I fully verified my account. This means that I did the whole KYC.
I made my first deposit in Ethereum and I immediately received a bonus of $20 worth of $DFI. Because I used a referral code for signing up, I and my referrer received an extra $10 worth of $DFI on top. This made a nice bonus of $30 in $DFI in total.
Please note, that this bonus is currently locked up and staked for 180 days. The good news is that my locked up bonus automatically yields staking returns during this time. These staking rewards are currently added on top of my $30 bonus and can be withdrawn after the lock-up period has ended.
I deposited 0.0854 Ethereum on the 24th of December, I immediately received the bonus in DFI tokens and since then I am receiving staking rewards every 2 - 3 hours. The minimum deposit to receive to bonus is just one Satoshi, that`s almost nothing or in other words: There is no minimum deposit to receive the bonus!!
When you hold $DFI now, you are still an early adopter and you get a 37% APY reward for staking.
As you can see, the DeFiChain Chart is exploding at the moment. It has just reached another ATH and it`s just crazy. Today, my sign-up bonus from the 24th of December is worth $65!
So my DFi bonus is currently not only frozen for 180 days but it is also staked to bake masternodes and earn staking rewards in real-time. I can do this without the complexity of running nodes myself.
CakeDeFi also offers new Lapis services with guaranteed returns and a potential bonus. This is where I have put my Ethereum to work.
The Base APY is guaranteed and additionally, you can get bonus returns when the price of the native coin goes up during a batch. The batch that I joined ends on the 25th of January and because of the drastic price increase of Ethereum, the bonus for this batch is safe.
Another service that CakeDeFi offers is Liquidity Mining. CakeDeFi makes Liquidity Mining much easier with shared liquidity mining pools.
Simply deposit your favorite coins into shared liquidity mining pools and start mining popular coin pairs for high rewards and minimal fuss.
My Final Words
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!
However, please keep in mind that investing in cryptocurrency is also very risky and that you can also lose a lot of money. That`s why it is so important to diversify your investments. Don`t carry all your eggs in one basket, instead carry only as much as you are also willing to lose.
At the end of my post, I also like to remind you that my intention in this post is to raise your awareness of the potential of CakeDeFi and DeFiChain and not to replace your own research. The thing is that I may look smart on my profile pic but I am not your financial sensei. 🤓
I hope I could provide you with some interesting and useful information about CakeDeFi.
Thank you guys as always for reading, liking, following, and tipping 👍
If you like, you can also follow me on Twitter and also on noise.cash 😉
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