🇺🇸 Milestone accomplished: Get 11% per year for your USDT! 🥳

Cake is all about providing everyone in the world with the best possibilities of growing their wealth and protecting it from both inflation and deflation.

With the launch of our Bitcoin Lending Services called “Bitcoin Lapis” in the 1st quarter of 2020, we have set the first milestone for providing up to 11.5% per year on our users’ bitcoins. In the 2nd quarter of 2020, we continued to deliver with the launch of our Ethereum Lending Services called “Ethereum Lapis”, providing up to 10.5% per year on our users’ Ether.

Now we have another exciting service to announce for the 3rd quarter of 2020:

USDT Lapis is starting on Oct 2nd 2020 with 11% APY!

With that, we not only offer some of the best returns in the industry, but our users’ returns and funds are guaranteed by our partners! Cake is also the only company that is completely transparent about how these returns are generated and who we work with. Every week, thousands of our customers check to see if what we say happened, actually happened. The motto “Trust, but verify” is not just something we say in the Blockchain world, at Cake we live it every day. Success rate so far? 100%.

Cake Team Zoom Hangout

What a journey

But before we go into some further details with USDT Lapis, let’s look back, what’s been happening over the past weeks — Cake is growing like crazy — thanks to you!

We launched our new VIP confectionery program in September 2020 and had to handle the first DFIP Votings, which all went as smooth as it gets. Interest in our services has been rapidly growing over the past few months, and in some cases we even had to more than double the individual batch sizes of our lending services. Many companies are happy to see the weekly growth Cake is experiencing within a full year, which underlines that customers very much appreciate our core values of transparency, simplicity and attractive returns.

However, it is also important for us to take this opportunity to thank you as our valued customer. It doesn’t happen every day that a company becomes so popular with customers within its first year and sees such a strong adoption. So strong, in fact, that as a company we are already well past generating positive cashflow — within the first year. This has enabled us complete independence from outside investments. It doesn’t necessarily mean we are not going to take any further investments, it just means we don’t have to. We are quite proud of that and it wouldn’t have been possible without all the trust you have shown to us. So: thank you!

Now, let’s go back to what’s happening next week…

Next week, Cake is launching a USDT Lending Service with 11% APY!

You can start depositing your USDT at the middle of next week, and the first batch will already be starting on Friday Oct 2nd 2020 with the guaranteed 7% USDT return and 4% in DFI!

This will enable all of our users to continue making high returns without necessarily having the high volatility of traditional cryptocurrencies. Once again, we are working with the same core values as with all other services: ease of use, total transparency and the best returns on your USDT that are available in the industry.

USDT Lending on Cake

While continuing with our existing institutional partners, we are continuously partnering with more and more just like Genesis Capital, who are the largest digital asset lender.

So if you want to start putting your assets to work, here are 5 easy steps to use the Lapis service for Bitcoin, Ethereum and USDT:

  1. Login or register for free: https://pool.cakedefi.com
  2. Full Tier KYC already done? https://pool.cakedefi.com/#/me
  3. BTC, ETH and USDT deposits (from mid next week): https://pool.cakedefi.com/#/wallets
  4. Click on “Enter” https://pool.cakedefi.com/#/lapis (from mid next week)
  5. Choose compound interest and rock ’n’ roll! https://pool.cakedefi.com/#/me

Of course, you can also continue staking Dash, PivX, Zcoin and DFI — all with full transparency, total simplicity and the most attractive returns. All our Batches fill up pretty quickly, so, if you want to get high returns on your crypto assets, do it today!

If you have any further questions, check out the FAQs: https://cake.zendesk.com/hc/en-us/sections/360008118551-Lapis-Service-by-Pool-by-Cake

Furthermore, join our Telegram group — the Cake community in there is very kind and helpful: https://t.me/CakeDeFi_EN

Here you will also find a Q&A from our founders U-Zyn and Julian:

Cake YouTube Q&A

From the entire team, we would like to thank you for your loyalty as a customer, and we look forward to pushing the boundaries of the crypto ecosystem again and again!

We will continue to focus on our mission to create cashflow from any kind of blockchain asset in the most transparent and attractive way possible, to build a 1-stop platform that allows you to manage all your finances automatically and AI-supported — be it crypto, real estate, stocks, gold and much, much more.

We appreciate your trust on this journey

Your Cake Team

PS: If you don’t want to miss any news, you should subscribe to our newsletter at https://cakedefi.com and follow us on social media:

Twitter: https://twitter.com/cakedefi

YouTube: https://youtube.com/cakedefi

LinkedIn: https://linkedin.com/in/cakedefi

Facebook: https://facebook.com/cakedefi



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store