LavaCake -Latest Generation Yield Farm

LavaCake And Once In a Lifetime Profits

I saw this new yield farming platform called LavaCake yesterday with insane APY, not only that it has a long lockup period to along with a burning mechanism. Great to keep the native token of the platform at a healthy price because of this hardcore whale protection. I was a bit skeptic so I only staked a pitiful amount of 3,4 BUSD which in the end became 3,2 BUSD due to the deposit fee of 3,9%. When I woke up today I had to check my new investments and how they have changed during the night. Then I saw that my 3,2 staked BUSD under sixteen hours had become a profit just under $20 in LAVA, the native token of the platform. Couldn't barley believe this.

LavaCake - The New Era Yield Farming Platform

Everyone in to DeFi and specially the DeFi of BSC have seen new AMMs and yield farming platforms pop up like new pimples on a teenager who has just entered puberty. There is nothing new that happens and everyone has just copied UniSwap in ETHs world of fun (DeFi). Sure some has done their AMM to something new with their own niche, otherwise the yield farming AMMs look the same even the same template is used. You sure think I will say that LavaCake is different, but it ain't. 

LavaCake uses the same template as everyone else with the same concept of yield-farming/staking but have done it with their own niche. It's the "niche" that make this platform more up-to-date when it comes to new techniques that has been implemented in newer platforms and cryptos. The platform uses this new techniques together in one platform and that is the burning and anti-whale mechanism. The platform hinder whales from taking it all and dump in on the market, making smaller investors not making as much profit and on top of that the farmed token might lose it's value.

The lock-up period the platform uses is smart and makes the larger population profit from the asset/assets they invested and not letting the whales consume all profits. The rules of the lock-up period is simple, you can only harvest your profits in LAVA every Sunday. Remember that the lock-up period is only for the harvest, not your own token or LP staked. You can stake/unstake your assets whenever you want and I as myself that am a small investor love this. 

The second new technique/mechanism the platform uses to keep their LAVA token at a healthy price is a burning mechanism. There is a 7,5% transfer tax on the platform in every transactions made, 30% of of that 7,5% tax is burned. The burning mechanism wont effect whales just making it better for them as everyone else holding or earning profits in LAVA, but the transfer tax does. Because whales pump in a big amount of asset/assets on a platform and by that possibly rises the value of the native token, they wont stay for long. They stake just to get the price rise and leave selling fast it for a higher price or they will stake for a few days earning some good profits from the pool and then leave. With the harvest lock-up and transfer tax this tactic is not possible for the whales.

The platform has even implemented one more thing to skip the whales and that's a limit of how much supply you can transfer out from the platform and for now can you only transfer max 0.01% of the total supply higher that that and the transaction is rejected.

The platform otherwise offers different yield-farming LPs and different tokens you can stake to earn rewards in LAVA. This it done with a insane APY at the time of writing and in the future it will likely drop a lot if you feel like you want to get this platform a chance and stake some tokens or yield-farm for profits in LAVA, I would be happy if you used my referral link , click here to proceed via my referral link to the website. 

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