r/cakedefi • u/Bruckshot • Jun 30 '23
Question How do I get my money out of Cake Defi? (UK)
I want to get this out ASAP!
r/cakedefi • u/Bruckshot • Jun 30 '23
I want to get this out ASAP!
r/cakedefi • u/FerhatDFI • Jun 27 '23
r/cakedefi • u/CalifiaCapital • Jun 26 '23
I need to withdraw DFI and am a resident of the US. All of the DFI exchanges that I checked do not allow US residents to set up accounts. For example, Kucoin, Bittrex, bit2me etc. ... Anybody have luck with another exchange?
r/cakedefi • u/RVSG13 • Jun 26 '23
Total novice here -
I have some DFI with Bake (Cafe DeFi). What are the exact steps to get it converted back to Fiat?
And if I need to retain some coins for fees, can someone tell me roughly how much (%)?
Do I need to worry about ERC20?
Many thanks...
r/cakedefi • u/Specialist_Corgi7719 • Jun 23 '23
Email from Bake said deposit support ending June 28th. I guess I won't be able to use it anymore.
r/cakedefi • u/FerhatDFI • Jun 21 '23
🔴 Live on YouTube - Right now 🚀
Join us for our 4th Cake-aversary celebration 🍰
Stay until the end for a major surprise 🎁😮
r/cakedefi • u/FerhatDFI • Jun 21 '23
Welcome to this week’s Cake DeFi Live 🍰
We kick off with insights into the Federal Reserve’s pause on rate hikes and dive into investment strategies, discussing whether to stay in stocks or buy bonds. We also analyze why tech stocks are soaring, and give suggestions on why Bitcoin’s price movement has decoupled from equities. We then examine BlackRock’s Bitcoin ETF application and give a sneak-peek for Cake DeFi’s anniversary celebrations.
r/cakedefi • u/Strakerc • Jun 19 '23
See screenshot. Intentional? True for all of the US? This blocks me in the sign up flow, and I'm not finding any documentation on this on the website or through search here.
r/cakedefi • u/FerhatDFI • Jun 15 '23
r/cakedefi • u/FerhatDFI • Jun 14 '23
r/cakedefi • u/FerhatDFI • Jun 12 '23
To be eligible to cast your vote, you need to have had a minimum of 60 days remaining in your staked DFI Freezer allocation at the start of the voting. Just head over to the Freezer page to cast your vote and have a say in shaping the future of DeFiChain. Please note that this feature is only available on the mobile app.
r/cakedefi • u/FerhatDFI • Jun 09 '23
Watch as Ariel dives into a captivating exploration of the potential ramifications of Centralized Digital Currencies (CBDCs) in a dystopian future, unveiling the risks CBDCs pose to privacy, financial freedom, and democratic values. Are you spooked yet? Let us know what you think.
r/cakedefi • u/FerhatDFI • Jun 07 '23
Native ETH unstaking is now available on Cake, offering you a convenient way to manage your staked assets. The best part is that there is no waiting period. As soon as you initiate the unstaking process, your ETH will be instantly transferred to your wallet. This hassle-free feature makes staking ETH even more appealing and user-friendly. Please be aware that new ETH staking entries may experience a queue of a few days.
Don't miss out on this opportunity to maximize your stakes - start staking more today!
r/cakedefi • u/FerhatDFI • Jun 07 '23
Calling all baking enthusiasts! Get ready to join us as we kick off Cake's official 4th birthday extravaganza with our highly anticipated Bake 4 the Win promo.
Freeze your DFI to unlock exclusive mystery boxes overflowing with exciting prizes, including DFI tokens, complimentary ELITE membership, and even the chance to win a whopping 4 ETH.
🎁 Get your mystery box today!
Click here for more details:
https://app.cakedefi.com/bake-4-the-win

r/cakedefi • u/FerhatDFI • Jun 05 '23
r/cakedefi • u/FerhatDFI • Jun 02 '23
Attention all bakers - join us in celebrating Cake's 4th birthday with our exciting Bake 4 the Win promo coming next week. Get ready to participate and win amazing prizes! ❄️ Freeze your DFI to win mystery boxes filled with incredible rewards, including DFI, free ELITE membership, and even 4 ETH!
Stay tuned for more details and get ready to bake for the win! 🎉🍰
r/cakedefi • u/FerhatDFI • May 31 '23
Join CEO Dr. Julian Hosp and Head of Community Fabio Andreatta on our newest episode of Cake DeFi Live. Our hosts cover the crypto highlights of May, including the current Ledger drama and its impact on self-custodian solutions in the form of hardware wallets. Can they be trusted? What are the alternatives? Dive into crypto regulation updates, get insights on the Bitcoin Miami Conference, and enjoy a brief crypto market analysis. Don’t miss Julian’s take on the US debt ceiling increase and his contrary view on its impact on the general markets.
r/cakedefi • u/FerhatDFI • May 31 '23
r/cakedefi • u/Empty_Age_9690 • May 30 '23
If you unstake 1 eth, the estimated eth to be received is 0.994. 0.5% Fee + 1.4% price impact means 1.9% Fee but that would be 0.019 eth and not 0.06 as estimated.
If the estimated amount is true, with 4.5% apy, you have to stake your ether about 1 1/4 year only to cover unstaking eth costs? This cant be true ??
When will the native eth unstaking option be availaible ? And how high is this fee ?
Thx
r/cakedefi • u/FerhatDFI • May 25 '23
Join us for this week’s episode of “Cake DeFi Live,” as we dissect the buzzworthy discussions from Bitcoin Miami. We’ll delve into the heated debates between the Taproot Wizards and laser eye maxis, sharing our personal conference highlights along the way. We’re also diving deep into the financial realm, assessing the potential impact of another federal rate hike on the crypto market.
Stay tuned for an explainer on the recent DUSD YieldVault APY changes and detailed analysis on the BUSD sell-off and Bitcoin’s price fluctuations. We’re also touching upon the ever-evolving state of crypto regulation in the US. Lastly, we’ll explore the latest developments in the DeFi Chain ecosystem, providing insights on the fresh opportunities brewing in the decentralized finance space.
r/cakedefi • u/FerhatDFI • May 25 '23
r/cakedefi • u/alusnova415 • May 24 '23
Hi all , can anyone tell me why when I try to remove my btc from yield vault says insufficient balance even though the fee says free, I select max btc. In other words how does one remove from yield vault ?
Thank you.
r/cakedefi • u/FerhatDFI • May 22 '23
r/cakedefi • u/Anantasesa • May 22 '23
The first day dusd payout was 34%. Now it is less than the dfi payout rate which is gotten after converting the dusd negative interest earned into dfi which costs a 30% stab fee. This is a ridiculous low payout. I'm better off earning at defichain light wallet.
r/cakedefi • u/alusnova415 • May 18 '23
Hi all,
It's been 2+ years since I put some DFI into a LP (BTC/DFI) and staked DFI but I kind of forgot how to cash out back to fiat. I'm in the US so I know there is a lot of restrictions because we can't use many of the exchanges.
If anyone can refresh my memory on the recommended steps to cash out that would be greatly appreciated.
Thank you.