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30034483 No.30034483 [Reply] [Original]

>burns 1 trijillion of CAKE
>price doesn't move 1 inch
how do they do it?

>> No.30034994

i want to sell pancuck bros

>> No.30035054

this will be worth $0 in 1 year

>> No.30035058

Whales with 10m+ cake wallets dumps on you daily with the staking rewards faggot

>> No.30035102

>>30034483
anyone who buys into this deserves to lose money

>> No.30035668

>stake CAKE
>get rich
its so easy

>> No.30035787

>>30035054
>>30035058
Yes a swap that has 3billion+ TVL backed by binance on a chain that is larger than Tether on capitalization, will worth 0... even a mongoloid can see this doubling in value soon.

>> No.30035820

>checked alts are red
>prepare to buy low
>add extra cash
>buy stupid trashtoken
>cry everywhere that he was fucked lmao

I can't take it anymore, lil boi look at ENQ, stop going into this shitmodel. See nodes, mining other features. have earnings without risk

>> No.30035943

>>30034483
autofarm staking is so damn comfy. making around $100 per month for nothing, and I'm a stacklet

>> No.30035991

>>30035787
>muh tvl
>muh chinance
Both mean jackshit when the token is inflationary by nature and whales who got in early will always perpetually dump their staking rewards onto newbies who got in late. it pumped because of the bsc craze the last two weeks and that's it. The token has no meaningful use-case and actively punishes newer buyers.
$1 EOY.

>> No.30036131

>>30035943
How much cake you have?

>> No.30036244

>>30036131
80 something and rising since ATH

>> No.30036313
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30036313

>>30035991

>> No.30036543
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30036543

>>30035943
shill me on autofarm
I don't understand those fees and how they affect my gains vs. standard pancake staking

>> No.30036885

>>30035991
Don't be anti-chink-itic, just buy the fucking cakes and find peace of mind.
Just welcome your new global overlords!

>> No.30036968

>>30036543
Compound interest.
They max out your efficiency, the fees are nothing compared to what you make in your sleep.

>> No.30036974

>>30036543
it's a piece of shit, I staked $100 of some VIKING & BUSD like 18 hours ago at 1 billion % APR and I have 4 cents of interest now

>> No.30037023

>>30036543
when I started staking a few weeks ago the APY on autofarm was a lot higher than staking on pancakeswap. the controller fees, platform fees and entrance fees are so small I would just ignore them completely. as for the AUTO buyback, I don't know. you earn AUTO as rewards which compounds into CAKE, but still 1.5% is very small. worth comparing with pancakeswap ig

>> No.30037056

>>30034483
you don't measure price in inches, that's how

>> No.30037095

>>30036974
You're looking at the wrong number, check it on yieldwatch.net

>> No.30038118

>>30034483
PANCAKE BROS. Farming and Pooling rewards are about to be halfed for loads of farms. Please check that your farm/pool isnt affected.

Remember, this means less CAKE supply being distributed each block, which should reduce downward supply pressure, helping the price stabilise and increase.

https://twitter.com/PancakeSwap/status/1366657287427739649

>> No.30039306

>>30038118
Does that mean it'll moon soon?

>> No.30039832

>>30039306
Because CAKE has unlimited token supply (not capped), the supply increases each day when giving out CAKE to farmers which causes the market cap to increase passively without any price increase, which can cause a slow downward pressure on price assuming pancakeswap isnt growing. Giving out less farming rewards means less supply increase and so less downwards pressue.
>Will it moon?
It already mooned from $1.5 to $20 within a few weeks. Cake is a farming token, you own it so you can make passive income and farm tokens. So worrying about the price of CAKE shouldnt be a big worry as long as you know the price will not dump. Remember CAKE is burnt every week since the burning vote was passed last month (this contributes to price rises). Every single change is voted on by CAKE holders since CAKE is a DAO democracy. Only acts that are good for long term cakeholders will be passed in such a system.

>> No.30039928

>>30037023
Autofarm rewards are getting lower and lower each day. My Lit LP used to be 2k+%, now its down to less than 400%

>> No.30040088

>>30039928
Good if you want to farm more just buy more cake faggot