Some time ago I wrote my article on Cake Defi and since then I have had some time to really get a good taste of Cake.

And so far my first-hand tasting has been really positive.

I have withdrawn some of the earnings I made. I have added and withdrawn funds all without any issue. I get very nice weekly reports on my rewards everything looks great at first sight.

Now, why I am saying first-hand & at first sight...?

Well because there is a lot of FUD out there regarding CAKE Defi, Publish0x has got a very fanatic account that will call scam on any Cake-related article....unfortunately when asked to provide proof this does not seem to be possible.

Why?

Because right now there is no proof that there is anything wrong with Cake....it is just very sweet Cake. Because honestly their rewards when you join the referral program are just insanely good...and yes that is highly suspicious. Especially now with that Olympic Bake-Off:

From July 22, 2021 10:00 AM UTC to August 8, 2021 10:00 AM UTC, each successful (verified identity and $50 deposit) referral earns the referrer $25, and the referee $50. Get medal bonuses the more you refer. Refer to table below. All bonuses in DFI.

This is even better than what I got when I joined. As in those good old days, you got a $30 dollar bonus if you verified your identity and deposited at least $50......right now that bonus is almost doubled.

There is more good news!

Because for those who get worried at some point in time(.....like I did reading this article by a good virtual friend of mine, yes the same guy that got me into this Cake story indeed). The good news is: you can withdraw your deposit.  

Yes indeed, you can withdraw whatever you have deposited to get that $50 dollar referral reward

The article Adam wrote made me doubt this whole Cake story, and although he received some good feedback from the Cake Team, and was not able to find any current shady activity, still, I got slightly cold feet. Mainly due to this Dr. Julian Hosp who does not have the cleanest of track records.

Now over the last month, my cold feet got warmer again (it´s summer that helps) and with this new freezer, I think we see a more realistic picture. But my frozen toes made me withdraw some of my initial deposits, which I was using for liquidity staking.

And the cost....... 0.2 DFI

Yes indeed, I only paid 0.2 DFI for removing 20DFI from CAKE DFI to Kucoin. Of course, I had to swap the BTC I used for the liquidity staking to DFI because fees on sending BTC would have been much higher. 

Once on my Kucoin account, I swapped it back to BTC and there it still sits as good as new. While I still have my $30 DFI referral bonus locked for 10 years....

So I see no risk to invest those $50 as you can get them back without losing your bonus. It´s win/win if you ask me.

But if you still have doubts please read my article on CAKE 

So, now let's get to the bottom of this Cake.

• As I mentioned in my previous article this sounds too good to be true
• But for 50 dollars I do not mind taking a little gamble
• Especially with the current 50 dollars sign up bonus
• Yes I do know more about Cake DFI now and so far they have perfectly allowed me to withdraw my funds when I wanted
• Yes I do know more about Cake DFI now and there might be shadiness if you look at the fact that Dr. Julian Hosp is involved
• Dr. Julian Hosp has traveled in the gray area, but many businessmen have done the same
• The new freezer reflects a much more realistic profit
• The new freezer would allow me to double my sign up bonus in a year
• While allowing me to withdraw my $50 dollar minimum investment with hardly any fees

I leave it up to you but it´s an easy way to get $50 free DFI.