Hi guys, I just purchased cake and staked, I just

Question

Hi guys, I just purchased cake and staked, I just

want to hold for years and not sell but I have a question, how will cake maintain its high apy? I mean will they come up with other staking pools or ideas if apy goes down?

#cake #cryptocurrency #de-fi #english

0

30.12.2021

10 ответов

5 просмотров

Sha Автор вопроса

Defi Futchy
Totally up to you. Some of us stake cake on moonpo...

I'm staking on pcs, but you think apy will stay above 40% next 6 or 10 months?

0

30.12.2021

Defi Futchy

Sha
I'm staking on pcs, but you think apy will stay ab...

For sure, but APY and APR aren’t the same thing. Just make sure you know

0

30.12.2021

Jatinder

Sha
I'm staking on pcs, but you think apy will stay ab...

It will for sure, chefs will reduce cake supply or increase utility

0

30.12.2021

Sha Автор вопроса

Jatinder
It will for sure, chefs will reduce cake supply or...

Thanks guys 👍🌷

0

30.12.2021

Ceddi || Cake Midas

Sha
Thanks guys 👍🌷

Apy isn’t constant. It could go high or low. And some factors is above APR reflects the simple interest rate over a year's time, while APY describes the rate with the effect of compounding.

0

30.12.2021

Ceddi || Cake Midas

Sha
I'm staking on pcs, but you think apy will stay ab...

!apyval

0

30.12.2021

Combot

Sha
I'm staking on pcs, but you think apy will stay ab...

APR/APY values are influenced by: - Cake price - Liquidity for that reward token which is related with price - Total staked cake amount in that pool - Total reward token allocation / reward per block for that pool - Token’s price

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30.12.2021

Ceddi || Cake Midas

Sha
Thanks guys 👍🌷

!autocake

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30.12.2021

Combot

Sha
Thanks guys 👍🌷

Read about how the auto CAKE syrup pool works here: Auto CAKE FAQs

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30.12.2021