Anyone still staking $CAKE? APY +170% 52 weeks

Most tokens use high APY as bait and then spiral down
Find a bunch of microcap coins that have the potential to become blue-chips

To mitigate risk even further, go hard on metaverse when bitcoin bottoms
My personal picks would be sand and gala
CAKE has been around for years and won't go anywhere.. Binance has invested a lot in their platform and token so it's relatively good compared to everything else floating around staking-wise... The only issue here is that a lot of tokens have been staked and once those first 52 weeks APY locks start to end we'll probably see a massive sell-off.
 
No but i will now.

its very cheap $4.9 it used to be $90 lol
 
60% apr still doesn’t sound bad is this still worth buying and leaving for a year? I have researched and a lot of people online say cake will go up soon.
 
60% apr still doesn’t sound bad is this still worth buying and leaving for a year? I have researched and a lot of people online say cake will go up soon.
No one can predict what is happening in future but it appears to be good option because of this attractive apy. Even better than investing in bitcoin at the moment.
 
Yes it was $90 on April 30 2021 i was there and saw the spike live.
VDTUWYv


All sites are showing the same information that ATH has been 43.98 or 44.01.
 
which place are you staking 170 is alot mate .
As mentioned above then this post was made in early May.. the APY has dropped to 60% now and will keep dropping.

Most likely will drop to 30-40ish and stays there.

I might be wrong here but previously they had around 40% APY as well.
 
I immediately open this thread that how cake is giving 170% as mine giving only 60%.. now i got it.. its old one :D.... My funds are locked and 185 days left to get it unlock.. I hope they unlock in bull run period.. :)
 
I stopped stacking of any crypto coin, most of them are gonna dead as this winter is very long, stick to basics and hopefully we may survive b
 
I immediately open this thread that how cake is giving 170% as mine giving only 60%.. now i got it.. its old one :D.... My funds are locked and 185 days left to get it unlock.. I hope they unlock in bull run period.. :)
When the first locks will end, then a massive sell-off will follow so that probably hits the CAKE price hard.

Then again, whoever locked their tokens when CAKE was +170 % APY is now merely at breakeven as back then $CAKE price was around $10 or so ($4.50 atm).
I stopped stacking of any crypto coin, most of them are gonna dead as this winter is very long, stick to basics and hopefully we may survive b
Pancakeswap will definitely not be dead, they have survived the previous bear markets. Binance has also invested billions in their platform and token.
 
I invested in this a while back in October and the apr is way down and also the coin is worth like half. Still got 5 months to go in the locked stake maybe it can go up again.
 
I invested in this a while back in October and the apr is way down and also the coin is worth like half. Still got 5 months to go in the locked stake maybe it can go up again.
The APR does not go up anymore as it's not how it works.

Also, this is the last lock where you can get +40% APR as the tokenomics will get a major update and you'll get no more than 2-3 % in the future.
 
I've never held or staked CAKE but I see that the +170 % APY Fixed-term is still available.

I'm fully aware of the impairment loss but it's bear market anyways and CAKE is down a lot...

Since that pool doesn't have any max amount per wallet you can put in, I'm wondering if it would be wise to drop the holdings there.. and just roll through the bear market even if it lasts until 2024 - Sounds like a good option to double your holdings with a year + also considering that CAKE goes up a lot with the next bull run.

Could turn 10 K to easy 100 K

Thoughts?
It is a good investment option. But you will make good profit only if you invest large amount. Most people will invest sma amount like few hundred dollars and even with 100% returns, they will make profit of few hundred dollars. It takes lot of courage to invest large amount in such a coin.
 
It is a good investment option. But you will make good profit only if you invest large amount. Most people will invest sma amount like few hundred dollars and even with 100% returns, they will make profit of few hundred dollars. It takes lot of courage to invest large amount in such a coin.
Generational wealth isn't something you can order from Amazon Prime so you need money to invest too.

The chances that you can make something out of a few hundred dollars are slim to none.
 
The APR is only 20% now and the token keeps dropping in price. Worst investment ever lol
 
The APR is only 20% now and the token keeps dropping in price. Worst investment ever lol
I don't think you even understand why that is.

There was a community vote and the community decided on the new tokenomics (read: the majority of the holders)

Those who didn't like what's happening are selling, but it takes years for the coin to recover, which I don't mind as I agree with the new solutions like most long-term holders are.
 
There are other staking options listed there as well with even higher returns. But do not invest in thousands there. Still if you want to invest, choose multiple such projects to reduce risk.
 
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