Referring to our last transparency report, we can proudly announce that we have reinforced our position as a “Teenager”, while already having one foot in the “Young Adult” category of the business cycle terminology. Over the course of the last three months we’ve been able to develop a professional team to manage and take responsibility and ownership for their respective business...

For most readers 100% APY may sound a bit fishy and far from text book financial returns, but in the following article we’d like to explain how financial services are able to generate these yields. The magic word for this is liquidity mining. Liquidity mining is simply one of many ways to put your crypto to work to generate even more...

In this three minute reading article we’d like to give you a short overview about: A synopsis of DeFiChain’s emission structure and token distributionPossible implications for Cake DeFi Users We at Cake DeFi may be used to bake around the clock, but burning DFI coins worth millions of US-Dollars is definitely not part of our daily business. Therefore, we’d...

The DeFiChain Foundation just announced four DFIPs (DeFi Improvement Proposals) as well as six Community Funding Proposals:DFIP 7 (DeFiChain Foundation Coin Burn)DFIP 8 (DFI Emission Rate)DFIP 9 (On-Chain Governance)DFIP 10 (NFT Support)CFP 2 (10k DFI for “DeFiChain Explained”)CFP 3 (8k DFi for “DeFi Portfolio”)CFP 4 (50k DFI for “Smart DeFi Wallet”)CFP 5 (5k DFI...

TL.DR:Cake DeFi is now fully owned by its founders and employees.Approximately US$400m worth of DFI will be burnt by Cake DeFi.Close-to-Cake-related-persons now hold approximately 40 million DFI, which get unlocked at approximately 30,000 DFI per day over the course of 10 years.The two founders together have invested approx. US$4m of their personal funds into...