Stable Coin Staking on PCS

This is a bit complex so think it through:

In a nutshell; Binance allows shorting CAKE. So CAKE can become like a stable coin by purchasing 50% CAKE and Shorting 50% CAKE - and then auto rebalancing with an algorithm as required depending on if CAKE price goes up or down. Use this to pay high APR for staking stable coins.

In more detail:

1 Allow users to stake stable coins - USDT, USDC, BUSD, etc.. on PCS.

2 Write code to automatically market buy CAKE with staked stable coins.

3 Write code to automatically stake half of the CAKE in the CAKE syrup pool.

4 With the other half of the purchased CAKE write code to automatically short CAKE (work with Binance to set this up).

5 Write code to keep the proper ratio of CAKE in the syrup pool vs. CAKE being shorted so that there is minimal gain or loss with the fluctuations of CAKE price. (Think this through, it is possible excluding the transaction fees and short interest charged). Chefs are smart they can figure this out and write an algorithim that works.

6 You are going to have to pay fees and shorting interest - this will be paid from the CAKE profits from the 50% CAKE staked.

Presently CAKE pays 67% APR. Let's pretned 7% of that goes to transaction fees and shorting fees (it is likely much less than that). So we are down to 60% APR. But only half of the CAKE is being staked. So we cut the APR in half to 30%.

When someone withdrawls their stable coin, the CAKE is removed from the Short postion and Syrup pool in proper porportions and converted back to the stable coin and they get their stable coin with the staking profits.

Staking stables for 30% profit ? Fantastic, but let's not be that nice. Take half of the CAKE profits and burn them!!

So you get 15% APR profits for staking a stable coin. Still pretty awesome!

How beneficial is this really ?

1. Hundreds of millions of dollars will be staked. How do I know ? Check the stable farms usdc-busd, usdc-usdt, etc.. They have hundreds of millions and the APR is around 8 to 10%. Therefore hundreds of millions of dollars of CAKE will be market purchased and locked up and out of circulation. Supply and Demand!

2. 50% of the CAKE purchased will never earn rewards and won't dilute the CAKE syrup pool. It will be on Binance shorting CAKE.

3. The other 50% will earn CAKE but half of it gets burned, helping turn CAKE deflationary.

4. Many in crypto keep a portion of their crypto in stables, if they can earn 15% APR in stables on a reliable and trustworhty platform they will do it.

This is a game changer if it can be implemented, I hope you vote yes. As the person coming up with this idea, if it is accepted AND implemented by the Chefs I would ask the first 3000 CAKE burned by this mechanism be sent to the address of this proposal as a reward.