What is Cake DeFi?
The CakeDefi business model in brief:
Transfer your cryptos to CakeDefi or buy the DEFI Coin directly.
You can choose from different products at CakeDefi: Lending, Liquidity Mining, Staking and Freezing
CakeDeFi - minimum investment & yield:
In addition, returns of over 200% are possible, e.g. B. Freezing the DFI Coin over 10 years with weekly interest payments.
CakeDeFi's affiliate program
For every referred partner who invests at least $50, you will receive $10 in DFI. (as of 09/30/21)
Is CakeDeFi Scam or Legit?
The platform has been active since 2019. The founder is the German-speaking “crypto pope” Dr. Julian Hosp, who has one of the largest crypto YouTube channels.
Cake Pte Ltd was founded in Singapore in 2019.
The Platform Cake DeFi is largely decentralized and therefore quite secure, and it has been on the market for a few years.