- Cake is offering Bitcoin Lapis, which is similar to Bitcoin lending with a return of 6% per year with full transparency
- You can check all this yourself — this is unique in the entire industry — no one else allows you to do this. Trust, but verify: https://pool.cakedefi.com/#/lapis
- Cake offers the most competitive rates on Bitcoin as they remove third parties
- Cake’s next batch is almost full — if you want to be part of it, act now: https://cakedefi.com
Cake offers its own version of Bitcoin lending called Bitcoin Lapis. The return was set at 6%, but Cake is even able to pay out 6.88% APY (calculated for the year). That is “best in industry”! Cake does it by removing third parties and thus pay out the majority of the return to you — Cake’s customers.
The unique thing is that even though you can and should trust Cake, you can verify this yourself through cryptography (the basis of every blockchain). To do this, Cake creates hashes of all information at the time of each transaction:
Cake will provide the original information after the payout. This way, everyone can verify that what Cake says has happened, has actually happened, but no one can “frontrun” or “copy” Cake:
This can be checked by everyone with all batches and all transactions easily with open-source tools: https://pool.cakedefi.com/#/lapis If Cake could cheat here, Cake could hack every blockchain, because it would mean Cake could bypass the cryptography.
In Cake’s opinion, every platform should act like this, because only through such transparency you as a customer can have at least some certainty until crypo-lending is completely decentralized and you are always in control of the private keys — which is by the way one of the points of the DeFi Chain, which Cake wants to launch publicly this quarter: https://defichain.io — the test network for this is already live: https://github.com/DeFiCh/ain
If you’re not getting returns on your cryptos yet, then you’d better hurry, because the next slot is already almost full! https://cakedefi.com
If you are already in a batch, make sure you have the correct setting so that you have set the compound interest correctly: https://pool.cakedefi.com/#/lapis
If you still have any questions, Cake’s founders U-Zyn and Julian have done a Q&A on YouTube that you can watch here: https://bitly.com/btclapisen
If you have any questions, please join Cake’s English Telegram group: https://t.me/CakeDeFi_EN
Cake will keep focusing on their mission to bringing you cashflow from any type of blockchain asset in the most transparent and most attractive way possible in order to build a one-stop platform for you to manage all your finances in an automated AI-supported manner — be it crypto, real estate, stocks, gold, and much, much more.
Cake appreciates your trust and business.
Your Cake Team
