pancake swap
i'm staking about 2000 cakes.
APY is roughly 150% with one year lock. it yields much higher profit than fixed deposit in bank(0.002%) 75000 fold higher in cake staking!
the point i should care is inflation of cake. the value of cake decreased to one third compared to one year ago.
if this situation (APY and inflation) continue in the future, my asset keep decreasing.
but i still trust the success of crypto.
my tradestance of cake is very simple. To repeat of staking one year lock, totally MAINTENANCE FREE style.
2000 cake would be 25,139,766 cakes after 10 year and if the value of cake is consistent with the Cuurent rate (7USD/cake), i shall have
175,978,362 USD!
let's exchange opinions on pancake swap.
let's talk the future of cryptocurrency and your trade stance
Your post was upvoted and resteemed on @crypto.defrag