• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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CakeTogether

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News

Strategy's Bitcoin Accumulation Continues Despite Market Fluctuations

Strategy's Bitcoin Accumulation Continues Despite Market Fluctuations

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Strategy has been consistently adding to its Bitcoin holdings for 12 weeks, despite market fluctuations.
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Luis Flores

Fraudulent Letters Target Crypto Hardware Wallet Owners

Fraudulent Letters Target Crypto Hardware Wallet Owners

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Crypto hardware wallet users are receiving fake letters impersonating Trezor and Ledger, designed to steal digital assets.
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Arif Mukhtar

Claver Defends His XRP Predictions Amid Criticism

Claver Defends His XRP Predictions Amid Criticism

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Jake Claver defends his strong beliefs about XRP's future despite criticism regarding his previous predictions.
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Maria Gutierrez

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.