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$20 in DFI from CakeDefi (Small Deposit Required, Can Be as Low as $1)

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from their website: "Hold your cryptocurrencies and put them to work at the same time. Cake is the first fully transparent platform that generates constant cash flow for you".

At the moment, you can get a bonus of $30 in $DFI ($20 for signing up+ $10 if you use a referral code) when you register on CakeDeFi´s website and fully verify your account.  you will need to make a deposit to get the bonus which can be as small as 1 Satoshi (0.00032597 USD) which is nothing. I deposited $10 USDT and got the bonus immediately.

Bonus will be locked up and staked for 180 days which will automatically yields staking returns during this time (37% APY). These staking rewards will be added on top of the bonus and can be withdrawn after the lock-up period has ended.

your deposit is NOT locked up and you can withdraw anytime.
 
you will get interest on your crypto up to 37% APY (USDT is 8%), in addition, you can add BTC/ETH/USDT into their liquidity pool and earn up to 241% API on your crypto.

Referral Links

Referral: random (42)

US$10 bonus for referrer and US$30 referee with US$50 Deposit.

Related Stores

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closed Comments

  •  

    how defi works ?

    •  

      full information here: https://www.cakedefi.com/
      it's basically keeping your crypto there and mining interest on it. but there is much more to it when you read through it.

      •  

        So Bitconnect?

  •  

    Name and colour are quite strange and there is no About us in the website. Only the company address in SG.

  • +3 votes

    This website is called CakeDefi, but there isn't anything decentralised about them.

    I wouldn't touch this with a ten-foot satoshi.

  • +2 votes

    hahahhaahah when DeFi starts popping up on Ozbargain, you know things are getting bubble-icious!

    With some of those APYs (e.g. 8% stablecoins), you're better off using something like Celcius or Blockfi.

    •  

      I already have Celsius and Blockfi, but there is no harm in getting free money and give DeFi a chance.

  •  

    I guess they wanted to call it DefiCake but that just seemed wrong
    I'm not keen to do the full KYC and risk my identity for maybe getting $30 in 6 months
    Thanks though ;)

    • +1 vote

      its $US30 btw …

      my account is worth over $70 already .. deposited 25 cents of my own money

      •  

        LOL. Yeah I ended up signing up
        FOMO…

  •  

    Is the $10 referral gone? Why is it $20 now?

    •  

      I still can see the extra 10$

      •  

        Thanks for posting. Just wondering how long does Id take to verify. Done it yesterday and still nothing.

        •  

          Mine took a day

  •  

    anyone have experience with liquity pooling? looks too good to be true

  • +1 vote

    It's saying you need to deposit $50 to get the $20 now

    •  

      yes, changed now, however if you deposit Dai, you can withdraw straight away with low withdrawal fee