If the upcoming “Ethereum merge” isn’t exciting enough for you, here are four announcements and activities that are sure to make any Cake DeFi user super bullish during this month of September and onwards.
REASON # 1: CREATE AN ETHEREUM ADDRESS WITHOUT FEES
Have you been wanting to create an Ethereum address but are not keen on paying for the $10 fee? Don’t worry, we’ve got you covered. We will shortly announce that Cake DeFi users will be able to create ETH, USDC and USDT addresses and have the fee reimbursed to their wallets.
To have the fee reimbursed, simply deposit US$500 (or above) worth of ETH, USDC or USDT. And that’s it! The fee shall be reimbursed directly to your Cake DeFi wallet.
This offer starts on 13 September 2002 and ends of 06 October 2022.
REASON #2: JOIN OUR LM FREEZER PROMO AND EARN UP TO US$2,800 WORTH OF CRYPTO REWARDS
Generate more crypto rewards by joining our upcoming ETH / USDC / USDT Liquidity Mining Promo. Which Liquidity Mining pool can you allocate funds, how much should you allocate and how much are the rewards? Check the table below:
For further clarification, you may also refer to the examples below:
Example #1: if a user allocates US$50 on day 1 and allocates another US$1,000 on day 2, the rewards are calculated based on US$50
Example #2: if a user allocates US$30 on day 1 and allocates another US$50 on day 2, the rewards are calculated based on US$30, which is zero rewards
Promo starts on 20 September 2022 20 (6pm SGT) and ends on 06 October 2022 (6 pm SGT).
REASON #3: ANSWER QUESTIONS ABOUT ETHEREUM AND RECEIVE CRYPTO REWARDS
So, you think you’re an Ethereum and ETH expert? Check out our online lesson on Ethereum - which will soon be available in the Learn and Earn section of our website - and test your knowledge on the world’s second leading cryptocurrency. New users will receive crypto rewards if they get the answers right!
So, are you up for the challenge? If yes, then keep posted for more details.
REASON #4: STAKE AND GENERATE CASH FLOW WITH YOUR ETH
What’s better than just HODLing your ETH? Staking them and putting them to work so they can generate cash flow for you, of course. And if that sounds like a better option for you, then you’ll be happy to know that you can do exactly that via our Staking page.
Yes, you heard right. Cake DeFi users can soon stake their ETH in a secure and transparent manner using our platform. Not familiar with staking? You can read this article for more information on how crypto investors generate returns through staking.
AND ONE MORE THING...
Due to Ethereum's scheduled transition to proof-of-stake, please be informed that deposits and withdrawals for all ETH pairs will be temporarily suspended for approximately 10 hours on 15 September 2022 at 10:30 UTC / 19:30 SGT.
For status updates, you may visit https://status.cakedefi.com.
If all these sound exciting to you but are not a Cake DeFi user yet, you may click here to register a Cake DeFi account.
You will get US$30 worth of DFI when you register successfully and make a deposit of US$50 or more, and allocate the amount for at least 28 days into either our Lending, Staking Freezer or Liquidity Mining Freezer service.
So, what are you waiting for? Sign-up now and start generating cash flow during this month of Ethereum September.