Live the DeFi Dream: 450% APR 🤑 just by staking $CAKE on PancakeSwap
Hello HODLers,
I have found a great ooportunity for you DeFi Degen Farmers!
Unfortunately I am missing time to edit my last video concerning a Crypto Gaming Gem I have found !
Nevertheless, I wanted to highlight to you the $SPS Pool on PancakeSwap.
The Yield is c.461% APR (9733% APY) and you do not have to take crazy risks to benefit from it.
You just need to stake $CAKE to the pool and you will earn $SPS. Yes Splinterlands' pool is the most profitable at the moment. You can even keep it to play and improve your decks.
This is a great opportunity to follow my last post where I explain why I believe $CAKE is a good investment per se and to get a daily yield >1%
I know this yield won't last as more $SPS will be released daily but even if it can last at for a few days, this is easy money.
Volume on PancakeSwap is increasing
Even if you cannot see yet, looking to the last 24hours volume; it is strongly increasing.
If this trends continue, $CAKE might make a strong move UP.
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Hi @vlemon
Over 400% APR is insane. But as you say, that's not going to last long, as more people join, it's a matter of days for it to go down.
But while you can, you have to take advantage of it, good tip.
Already back to 150% :D
Defi is getting huge response and attention because of user friendly and APR return many people have made tins of money using defi and it's others farms, I am also learning about this new application but it will take time to understand the whole basic.