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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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Official links
Website
Social media

News

Aave Launches Externally Curated V4 Markets on Ethereum

Aave has launched its first externally curated V4 markets on Ethereum, managed by Sentora, which oversees active borrowing markets for RLUSD, PYUSD, and OUSD.
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Maya Lundqvist

New Features Introduced in Stellar's Bell Upgrade

The Bell upgrade introduces new features including support for contract addresses and millisecond ledger timestamps, enhancing the Stellar network's capabilities.
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Leo van der Veen

Stellar Updates Bell Upgrade Guide Ahead of November Votes

Stellar has released an updated Bell upgrade guide detailing necessary software versions for wallets, exchanges, and infrastructure operators before the upcoming network votes in November.
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Li Weicheng

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.