Hi Mochi
I’m in Krypto to make gains.
i have staked cake in 3 Pools. one of them is a 4 years pool, with staked cake worth 8937$.
Fixed-term Deposit on a german Bank with 3.65% interest, locked for 1 year & with european deposit protection, 100.000€, I’d get for 8298 € = $8937: 326€. No further costs.
In a cake 4! years staking Pool i get for the same amount actually 1,19 cake a week.
Weekly LESS!!!
Actually 1 cake is worth. $2,50 = 2,32€
2,32€×1,19= 3,95€ per week. In 52 weeks I get On PancakeSwap 205,44€ in 1 year and have each week to pay $0,18 bnb.
Disadvantages to stake cake in 4 years pool compared to fixed term deposit (see Paragraph 2+3):
- risk that cake is less worth in 4 years
- lock is 3 years longer !!!
- less interest rate than a german bank (1y)!!!
- no funds protection
- each week less cake return.!!!
- no law protection. kyc… 1000€ tracking - necessary for law.
The veCake System you deployed is a fush for your longterm holders. I feel betray.
I’m VERY disapointed also, you made cake staking complicated for beginners. The games are uncool. You make a trash PancakeSwap.
I was a big cake fan. But i’m really VERY disappointed. It’s called CAKE
Cake holders aren’t stupid! You make millions with our money each year!!!
Sorry my 4 years cake lock Screenshot, i can’t send…an error occoured cause embbed pic can’t be sent