• 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

Investors Accumulate Cardano ADA as Confidence Returns

Investors Accumulate Cardano ADA as Confidence Returns

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Key stakeholders are accumulating Cardano ADA, indicating a shift in investor sentiment and confidence in the altcoin's future.
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Jesper Sørensen

Cardano ADA Breaks Past 0.25 Barrier Amid Market Bounce

Cardano ADA Breaks Past 0.25 Barrier Amid Market Bounce

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Cardano ADA has shown positive price movement, breaking past the 0.25 resistance level, indicating potential for a major rally.
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Satoshi Nakamura

Ethereum Staking Reaches Record Highs Amid Market Uncertainty

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Ethereum's staking contracts have seen a significant increase, with approximately 39 million ETH now locked, reflecting a structural commitment to the network.
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Rajesh Kumar

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.