To extend users’ opportunities to increase profits when holding CAKE, ONUS officially implemented the Staking Daily feature for PancakeSwap Token (CAKE) on November 8th.
Accordingly, by storing from at least 1 CAKE on ONUS application, users will receive a profit of 3% a year, equivalent to 0.008%/day. Interest is paid daily in VNDC, calculated based on users’ CAKE balances at 0:00 UTC+7 every day.
About Pancake and CAKE token
PancakeSwap is one of the most popular decentralized exchanges (DEX) on the Binance Smart Chain (BSC) network. PancakeSwap is a type of DEX that allows users to swap, stake BEP20 tokens to receive rewards, and participate in voting to govern decisions on the system.
CAKE is a token that works in the entire PancakeSwap ecosystem. It is a digital asset that represents the value of PancakeSwap.