Post
Topic
Board Service Discussion (Altcoins)
Re: question about Staking CAKE for 5 years
by
nullama
on 02/12/2021, 04:45:17 UTC
thank you blockman, blockman and asriloni

Do you wanna to participate in yield farm pancake?

yes, I do
I wanna to staking in pancakeswap

Do you have a better offer?

Five years is a long time, and many things can happen. Make sure that you'll be OK if your investment goes to $0.

Having said that, as of today:

Pancakeswap offers you a 78.21% APY

Pancakebunny offers you a 84.50% APY

The main difference is that pancakebunny pays you in Cake and Bunny, not only Cake. Shouldn't really matter too much since it's all Cake internally until you withdraw it, and then you can just convert the bunny to cake, or all to a stablecoin, etc.

With pancakeswap you are dealing with the original issuer of cake. With pancakebunny you're adding one layer of risk because it's another company using pancakeswap, but it does give you more APY.