CakeTogether

Total Users

Rewards

Volume: $0
Contract Balance: $0
Category: - No data available.
Blockchain: Bnb-chain
Language: - No data available.

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News

Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD

Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.

Katerina Papadopoulou

an hour ago

EigenLayers Forum Engages in ELIP018 Proposal Discussion

The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.

Maya Lundqvist

2 hours ago

Uniswap Governance Explores Private Execution Path for Swaps

Uniswap governance is discussing a proposal for an optional private execution path for swaps to enhance user privacy and reduce transaction information exposure.

Leo van der Veen

2 hours ago

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).