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/biz/ - Business & Finance

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File: 675 KB, 2056x1568, cake.png [View same] [iqdb] [saucenao] [google]
28944997 No.28944997 [Reply] [Original]

Are there any risks when staking cake in the syrup pool? Thinking of going for BRY. I have 2000 CAKE.

>> No.28945164

>>28944997
Dude thats like the whole reason to own CAKE.

>> No.28945261

CAKE pool best pool

>> No.28945867
File: 113 KB, 1280x720, grug-berry-chart-go-up.jpg [View same] [iqdb] [saucenao] [google]
28945867

>>28944997
stack berry thank grug later

>> No.28945997

>>28945867
Yup that's what I'm doing

>> No.28946991

>>28944997
there are several 300% apy choices to stake cake on and you chose 110%


ngmi

>> No.28947561

What's the better play? Staking in the pool or providing liquidity into BNB/CAKE and then farming with LP tokens?

>> No.28947632

>>28947561
>providing liquidity into BNB/CAKE and then farming with LP tokens
these carry risk

>> No.28947653

>>28944997
Buy SMOKE
https://thesmokehouse.finance/

>> No.28947656

>>28947632
Yes but is the risk worth it since the returns are better?

>> No.28947920

>>28947656
if it pumps you'll lose out

>> No.28949041

It's astounding
BNB is pumping like crazy right now, yet CAKE/BNB keeps growing

>> No.28949116
File: 551 KB, 618x697, flapdoodle.png [View same] [iqdb] [saucenao] [google]
28949116

>>28944997
>Are there any risks when staking cake in the syrup pool?

Yes, the whole thing is a rugpull, and eventually you're gonna get rug'd.