Cake Defi is a registered Singapore company that has been around for few years.
It has recently introduced decentralized assets with liquidity mining.
dTSLA/DUSD - 327.74% APR
dGOOGL/DUSD - 293.94% APR
dGME/DUSD - 224.31% APR
dSPY/DUSD – 221.22% APR
dQQQ/DUSD – 212.78% APR
DUSD/DFI – 205.88% APR
dPLTR/DUSD – 152.7% APR
dBABA/DUSD – 113.22% APR
dAAPL/DUSD – 101.56% APR
For those who simply want to invest in certain stocks without going through stock agents, these decentralized assets are good alternatives.
New sign-ups can get $30 worth of DFI tokens with a minimum deposit of $50.
The only troublesome part about getting into Cake Defi is the need to verify our identity for KYC since Cake Defi is a registered company so it is an important protocol to ensure it follows the laws and regulations of Singapore.
Below is a screenshot taken from the registrar of companies in Singapore.
We need to provide documents for verification: -
- Our identity - our identity card or passport.
- Our residential - utility bills or anything that has our address and name on it
Below is my referral link if you are interested to sign up and get the $30 worth of DFI as well as start referring people to earn referral rewards.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.