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Lovely-

Good Day All😇 Quick question for the Cheffs! 🙏🙏🙏 Please, is there

a limit to how low the APY on flexible and fixed stacking can drop!? How low can it go!?

#cake #cryptocurrency #de-fi #english
0

24 ответов

35 просмотров
Lovely- Автор вопроса

👆👆👆👆 @chef_bun @Chef_Oreo @ChefSnowball @chefmustard Not a FUD! Just a question born out of curiosity! 😇🙏🙏

0
06.08.2022
AosiCAKE #SCAMM3R-

no need to ping all chefs

0
06.08.2022
AosiCAKE #SCAMM3R-

Seeing a lot of questions about the $CAKE fixed-term and flexible staking APY. 3 factors that impact the APY: 🥞Total $CAKE staked in $CAKE pool (flexible + fixed) 🥞Total locked $CAKE 🥞Average #CAKE lock duration Please read the docs👇 https://docs.pancakeswap.finance/products/syrup-pool/new-cake-pool

0
06.08.2022
Lovely- Автор вопроса
AosiCAKE #SCAMM3R
no need to ping all chefs

Ok, can U help forward my question to them!?

0
06.08.2022
Lovely- Автор вопроса
AosiCAKE #SCAMM3R
Seeing a lot of questions about the $CAKE fixed-te...

Has no answer to my question! Read it several times already!

0
06.08.2022
Catü || I don't DM - Don't DM me ||-

There is no limit...

0
06.08.2022
Lovely- Автор вопроса
AosiCAKE #SCAMM3R
why I should forward?

I asked a question and tagged to Chefs hoping to get a reply and U deleted it saying there was no need to tag them so I hoped U would forward it Ur self or give a reply! 🤨

0
06.08.2022
Lovely- Автор вопроса
Catü || I don't DM - Don't DM me ||
There is no limit...

😳 Meaning the APY can become insignificant!????

0
06.08.2022
AosiCAKE #SCAMM3R-
Lovely
😳 Meaning the APY can become insignificant!????

Yea but it will take time, needs cakes to pool

0
06.08.2022
Lovely- Автор вопроса
Catü || I don't DM - Don't DM me ||
Why you would care about this if it hasn't happene...

Because the APY is dropping at a very fast rate! At this rate, in the projected 3 years it will take us to hit max Supply, the APY would have become insignificant and that would be bad for both the community and project!

0
06.08.2022
AosiCAKE #SCAMM3R-
Lovely
Because the APY is dropping at a very fast rate! A...

“that would be bad” is your idea. I don’t want inflation

0
06.08.2022
Catü || I don't DM - Don't DM me ||-
Lovely
Because the APY is dropping at a very fast rate! A...

why thinking that ahead?? Come back to NOW because it hasn't happened and Chefs are working everyday on new Burn ways and so In case you're not happy with the work they are doing you can decide what to do

0
06.08.2022
Lovely- Автор вопроса
Catü || I don't DM - Don't DM me ||
why thinking that ahead?? Come back to NOW because...

I think that far ahead because I plan to stick with the project for far longer than that! That's Y I tried asking the Cheffs to know if there was a way to set a little or they have plans towards that!

0
06.08.2022
Catü || I don't DM - Don't DM me ||-
Lovely
I think that far ahead because I plan to stick wit...

If you ask if they have plans is because you haven't been following the roadmap or AMAs they have been given since they are explaining all the time what is the plan

0
06.08.2022
Lovely- Автор вопроса
Catü || I don't DM - Don't DM me ||
If you ask if they have plans is because you haven...

I have been following AMAs both here and Twitter!

0
06.08.2022
Catü || I don't DM - Don't DM me ||-
Lovely
I have been following AMAs both here and Twitter!

then I don't get your question and even more if you do understand how APY works

0
06.08.2022
Chef-Oreo
Lovely
I think that far ahead because I plan to stick wit...

APY is not fixed and it always keeps on changing depending on the number of cakes staked, number of cake you staked, total pool reward etc. If APY is dropping in any pool that means more users are staking in that pool. Now for what you're worried about, Every week cake is burned, use case of cake is not only to stake in one pool and get the APY, there are different products on Pancakeswap and different use cases, pools to stake/earn/use where cake is used, and team is always exploring for more usecases/products for the community.

0
06.08.2022
Combot-
Chef Oreo
APY is not fixed and it always keeps on changing d...

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

0
06.08.2022

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