Is CakeDefi the best way to get cashflow with DFI?

Question

DeFiChain - International

ZL

Is CakeDefi the best way to get cashflow with DFI?

#blockchain #cryptocurrency #defichain #english

0

12.04.2022

7 ответов

34 просмотра

Spencer L

If possible, you should do it directly with DeFiChain on the blockchain itself. Cake and other third-parties will charge fees, Cake charges 15% for example.

0

13.04.2022

AHMED ALHOSENY

Do you want to create a Arabic community for your project? We have a team with good experience in the cryptocurrency field?

0

13.04.2022

Zachary Chan

AHMED ALHOSENY
Do you want to create a Arabic community for yo...

Defichain is a decentralised community project. Go ahead and do it if you want to. Nobody is stopping you.

0

13.04.2022

ZL Автор вопроса

Spencer L
If possible, you should do it directly with DeFiCh...

That explains why i dont get the 100% APY with the freezer on

0

14.04.2022

Spencer L

ZL
That explains why i dont get the 100% APY with the...

Yes, if APY is 100% on DFC than on Cake it will be 85% ~approx

0

14.04.2022

Jagveer singh

You can join cakedefi telegram page.. it allows single staking of dfi but also takes 15 percent fees ..

0

14.04.2022

Phil · Accepted Answer

Phil

Define what is "best" for you. The options all come with different risks. Staking, Liquidity mining with DUSD or dBTC or dStocks. Leveraging with a vault, going long or short on dStocks. Building bots to use arbitrage opportunities. There are too many possibilities to tell one "best" way. Suggest you watch some videos/ materials from the pinned messages to get started to get to know more about Defichain.

0

12.04.2022

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Is CakeDefi the best way to get cashflow with DFI?

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