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!?

cryptocurrency english de-fi cake

24 ответов

Lovely- Автор вопроса

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

no need to ping all chefs

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

Lovely- Автор вопроса
A O S #SCAMMER
no need to ping all chefs

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

Lovely- Автор вопроса
A O S #SCAMMER
Seeing a lot of questions about the $CAKE fixed-te...

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

There is no limit...

Lovely- Автор вопроса
A O S #SCAMMER
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! 🤨

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

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

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

Why you would care about this if it hasn't happened?

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

Yea but it will take time, needs cakes to pool

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!

Lovely
Because the APY is dropping at a very fast rate! A...

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

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

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!

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

Lovely- Автор вопроса
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

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.

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

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