Decentralized Finance | Cake Defi Tutorial | Is This Really The Easiest Way To Earn Through DeFi?

Crypto Investor
Crypto Investor
7.7 هزار بار بازدید - 2 سال پیش - Decentralized Finance | Cake Defi
Decentralized Finance | Cake Defi Tutorial | Is This Really The Easiest Way To Earn Through DeFi?

Watch the 1st part of this video (overview of this platform) on - (Cake Defi | Cake Defi Review | An URG...)

👉 Get $30 in DFI, Welcome bonus on sign up: https://trk.cakedefi.com/click?o=2&a=11

Join Cake DeFi community on Telegram to learn more: https://t.me/CakeDeFi_EN

Follow Cake DeFi on your favorite social media channel below:
👉 Cake DeFi Youtube: cakedefi
👉 Cake DeFi Twitter: Twitter: cakedefi
👉 Cake DeFi Facebook: Facebook: cakedefi
👉 Cake DeFi Instagram: Instagram: cakedefi
👉 Cake DeFi LinkedIn: LinkedIn: cakedefi
👉 Cake DeFi Reddit: Reddit: cakedefi
 
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👉 Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet

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Links mentioned in the video:

✅ Get your own free Binance account: https://bit.ly/Binance-Register-Now
✅ Best Hardware Wallet (Ledger Nano): https://bit.ly/Ledger-Cold-Wallet
✅ Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet
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Welcome to Our Decentralized Finance Video!

Cake DeFi Pros

They have their own blockchain which tells me they came to build and stay.
The platform is backed by a duly registered company and founded by known and verifiable people.
Promotes transparency and tries to live up to the standard.
Offers attractive APYs and multiple earning opportunities.
Cake DeFi maintains an emergency insurance fund called “the Secret Cookie Stash (SCS)” to protect users’ funds against any potential future losses arising from hacks, exploits, etc.

Who founded Cake DeFi?
Cake DeFi was founded by Dr Julian Hosp (CEO & Co-founder) and U-Zyn Chua (CTO & Co-founder) in early 2019 with a mission to “solve major financial pain points in people’s lives”.

Julian is a serial entrepreneur, international blockchain expert, medical doctor, and ex-professional athlete.

U-Zyn on the other hand is said to be one of the early contributors to the Bitcoin, Ethereum, and Dash projects —a pioneer in the emergence of blockchain technology.

Cake DeFi review: How does it work?
Cake DeFi is a platform that allows you to deposit your crypto assets and earn rewards or interest on them.

Before you can deposit your crypto and start earning on the platform, you have to signup and complete KYC.

Then you can proceed to make your first deposit and earn your first reward on the platform through the famous Cake DeFi welcome bonus program.

But why do they lock my bonus?
They don’t want people to just signup, claim the welcome bonus and disappear.

So freezing for 6 months and paying rewards on it while you’re waiting for it to be released sounds like a fair deal.

You will get US$30 worth of DFI when you register successfully and make a first-time single deposit of US$50 or more, and allocate the amount for at least 28 days into either our Lending, Staking Freezer, Liquidity Mining Freezer service (30 days)" meaning that the original capital can only be withdrawn after 1 month.

Earning on Cake DeFi
There’re three (3) different ways you can put your crypto assets to work on Cake DeFi and start making money right away. These are through:

Liquidity mining
Staking
Lending

Liquidity mining
Cake DeFi allows you to deposit your favourite coins into shared liquidity mining pools to earn mining rewards.

You can also add liquidity to dToken pools which are tokenized stocks of traditional companies paired against the DeFiChain USD (DUSD).

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The information contained herein is for informational purposes only. Nothing here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our Decentralized Finance video. Make sure to leave a like on the video if you gained value from it!

#CakeDefi #DFI #DeFi #Crypto #Bitcoin #btc #earn

👉👉 For Collaboration Contact Us At:  ‫[email protected]
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⏰ Time Stamp ⏰

0:00 intro
0:40 cake defi introduction
8:38 summary
2 سال پیش در تاریخ 1401/05/18 منتشر شده است.
7,725 بـار بازدید شده
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