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Stake CAKE and earn CAKE at 32% APY with no LOCKING period

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Stake CAKE and earn CAKE at 32% APY with no LOCKING period

This is the CAKE staking currently offered by Pancakeswap

https://preview.redd.it/bcvngvatr8091.jpg?200&format=pjpg&auto=webp&s=877a8482be1697a02b5d3e19c5edc05560d0cead

The locked staking requires you to lock for 52 weeks yet it’s APY is not fixed and continue to goes down as just 3 weeks ago it was 250%.

Binance is a bit higher but only for max 50 cakes per user, after that a measly 2%

https://preview.redd.it/e36alsbus8091.jpg?250&format=pjpg&auto=webp&s=ac76dd342571ce31155c5547689fa69bd03ba082

This is the Cake vault at https://happyhippo.farm/

https://preview.redd.it/yql9mdxur8091.jpg?300&format=pjpg&auto=webp&s=2ab3c048f6ed25887453f76d6527b72bdda3a448

It gives you high flexible CAKE staking APYs by utilizing various cake pools. The 32% APY is equivalent to locking at 12 weeks in Pancakeswap.

If the market turns bullish again or JPOW suddenly decides to decrease rates, you’d want to use Pancakeswap locked staking. However, In a market like today, you don’t want to remain locked, just ask the bLUNA holders who were locked for 21 days the importance of flexibility. So it’s probably best if you like stacking CAKE to use the flex cake vault above.

submitted by /u/indonesian_activist
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