CAKE BARROW FUND

This is to propose a fund where users can 'stake' there CAKE to be able to borrow USDC at 1% APR.

Once the fund reaches $7.5 USDC, it will be open to use and user will be able to borrow .01 USDC per Cake staked in the fund.

As the fund grows, users will be able to take out more USDC based on the formula

(CAKE Max Supply/USDC Funds * Cake Staked (by user)

This will alow:

• CAKE holders to borrow at a rate which is lower than ANY other lending/borrow service.
• Additional use case for CAKE utility
• Help supporting CAKE price

To create the fund we will need to allocate funds from fees or other services which should be further discussed once this proposal is voted on. This is a 'rough' draft to get an idea of the communities opinion in hopes to see a CORE proposal created to reflect this proposal.