CakeDeFi has been one of my best decisions in 2020! Since joined CakeDeFi, I`ve earned a bunch of DFI tokens. The staking APY for DFI tokens at CakeDeFi is extremely high. I have also successfully withdrawn some of my DFI tokens from CakeDeFi.
CakeDefi is not only legit, but it is also one of the best-organized projects in this crazy crypto space that I have ever seen. If you don`t believe me, just check their Telegram Group and you will see what I mean with well-organized. CakeDeFi has a large German-speaking community.
The Olympic Bake-Off
Starting today to August 8, 2021 10:00 AM UTC, CakeDeFi is running a special Olympic Bake-Off. During that time each successful referral earns the referrer $25, and the referee $50. A successful referral has to sign up via an invitation link (Code: 528168), do the KYC, and deposit at least $50 in any supported cryptocurrency like Bitcoin, Bitcoin Cash, Dash, Dogecoin, Ethereum, or USDT.
Keep in mind that you need to use an invitation link for signing up if you want to receive the complete bonus! If you don`t use it, you will receive a much smaller bonus.
You can also get medal bonuses the more you refer. All bonuses are paid in DFI tokens.
That`s an awesome deal if you ask me. You deposit $50, you get $50 on top, and then you can put $100 in total to work on CakeDeFi.
Please note, that this bonus will be locked up and staked for 180 days. The good news is that the locked-up bonus automatically yields high staking returns during this time. These staking rewards will be added on top of the bonus and can be withdrawn after the lock-up period has ended.
You can put all you fund to work on CakeDeFi to generate a passive income stream in different ways. You can do liquidity Mining, staking, lending, and you can freeze your tokens for longer periods. Personally, I have funds in Lending and staking. You can also easily transfer all data via a CSV file from CakeDeFi to services like cointracker for tax purposes.
My Final Words
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 my intention is not to replace your own research.
I hope I could provide you with some interesting and useful information about CakeDeFi.
If that´s the kind of stuff that you like to read here on Publish0x then make sure to smash the follow button at the end of this post.
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