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CakeTogether

Total Users
0
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$0
Category
- No data available.
Blockchain
Bnb-chain
Language
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News

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.
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Satoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.
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Nguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.
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Kofi Adjeman

What is CakeTogether?

Since the prize pot comes entirely from the staking rewards, the players never lose their funds!

CakeTogether is based on the no-loss concept (also called prize-linked saving accounts), the way it works is very simple:

  • Players get tickets (tCAKE tokens) by locking CAKE, the tokens are then deposited into PancakeSwap CAKE staking pool to earn staking rewards
  • The CAKE rewards generated by staking are all added to the prize pot
  • Every 7 days, a ticket (tCAKE) holder is randomly picked and wins the entire prize pot!
  • At any time, the players can withdraw ALL of their CAKE tokens by burning their tickets (tCAKE tokens). The only requirement is to hold your tickets for at least the duration of 1 round (7 days).

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.