Why don't you buy CAKE and with the APY amount take risks with other tokens?
Why you take risk with all your capital?
Duck be spending $5000 again Need help
- Thread starter duckduckgoo
- Start date
Why you take risk with all your capital?
duckduckgoo
Regular Member
- Mar 1, 2021
- 369
- 814
I want buy cake when this invest turn to triples
If it turns to triples then you don't need CAKE anymore.
My plan is
First buy CAKE.
Next Get APY from Cake.
Spend APY amount in whichever token you like.
That way you will have money every month from APY with which you can take multiple shots on different tokens.
What is expected APY? Where do you get it?
It's around 5.75% / Month or 98% / Year if i am right.
Before investing in that you need to do lot of research as APY gets increased or decreased based on the activity.
Also we may lose if value of Cake get reduced.
So, You need to do research before putting money there.
duckduckgoo
Regular Member
- Mar 1, 2021
- 369
- 814
My maaaan Nikolaiii