It’s time for our vote to have locked CAKE staking! The end goal of locked staking is to become CAKE holder with earning profit for long period, that means more CAKE staking and burning.
Why you should participate in long term staking?
It enables CAKE holders to earn substantially higher APY's than short unlocked staking, traditional savings accounts or money market funds. With long term staking we can burn more cake and may effect reducing the amount of CAKE in circulation may have on the token’s price.
⚠️Please note⚠️
CAKE hodlers should understand the potential effect of long term staking. Earlier redemption will be availbe with fees, which will burn.
You can vote for any one of these three options!
❌ No change:
✔️ Long term staking with variable APY:
✔️✔️ Long term staking with FIXED APY:
🔥We want Long term staking🔥