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

Ethereum Experiences Significant Buyside Pressure in Derivatives Markets

Ethereum has experienced its strongest buyside pressure on derivatives markets since the 2022 bear market, indicating a potential shift in market dynamics.

Son Min-ho

14 minutes ago

Ripple CTO Emeritus Warns of Security Risks in DeFi Bridges

David Schwartz, former CTO of Ripple, warns about security risks in DeFi bridges, emphasizing the need for better governance and risk management following the KelpDAO incident.

Ayman Ben Youssef

an hour ago

Analyst Identifies Key Resistance and Support Levels for Bitcoin

Crypto analyst Behdark identifies key resistance and support levels for Bitcoin price.

Tando Nkube

3 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).