Multi HODL with PancakeSwap (CAKE) - earn up to $50 in rewards
Multi HODL with your PancakeSwap (CAKE) or any other crypto. Multiply your crypto with YouHodler.
Earn yield on PancakeSwap - CAKE Yields Account
YouHodler’s list of options to choose from for crypto Yields accounts continues to grow. These low risk, high yield Yields accounts help users earn % p.a. on crypto up to 3.04% per year with compounding % p.a.. PancakeSwap (CAKE) is a popular choice in the market. Here’s some information additional facts on PancakeSwap (CAKE) and also learn how to easily accumulate crypto % p.a. on YouHodler.
What is PancakeSwap (CAKE)?
PancakeSwap is a decentralized exchange (DEX) built on the BinanceSmart Chain. Similar to the Uniswap DEX built on Ethereum, PancakeSwap allows users to trade, or “swap” between various cryptocurrency assets. Unlike traditional centralized exchanges, liquidity on DEXs is provided by user-created liquidity pools.
This works when users stake a cryptocurrency pair, essentially locking it in the platform so other users can use the liquidity for swapping. In exchange, the liquidity provider gets a reward. These rewards have become a popular way for many DeFi enthusiasts to earn passive income and a unique alternative to traditional HODLing of crypto assets. CAKE is the name of the PancakeSwap native token and it can be bought on YouHodler, Binance, and other top exchanges.
How to earn 3.04% % p.a. on CAKE
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit CAKE to your personal PancakeSwap wallet
Step 3. Watch as your CAKE earns a compounding % p.a. of 3.04% APY.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
As our name suggests, YouHodler helps you HODL more effectively. To do this, we must prioritize efficiency and user experience above all else. Well, we did just that. Unlike other, complex DEX or DeFi protocols, it’s easy to deposit coins on YouHodler and watch your crypto earn. For example, just follow the steps above for CAKE and you’ll be earning 3.04% APY in no time at all. There are no hidden terms and conditions, no “catch.” Plain and simple, we’re just trying to get you to activate your crypto for your benefit. So give it a try!
PancakeSwap yield wallet app that pays % p.a.
YouHodler wallet app is the only application where you can store your PancakeSwap (CAKE) just like you would in a regular wallet but in addition, earn % p.a. on that CAKE wallet balance every week.
How does CAKE % p.a. work
You can earn % p.a. on CAKE just like you would with a traditional bank Yields account but with one key difference. Instead of near to zero % p.a. rates at banks, we offer you 3.04% % p.a. on CAKE.
How to Earn Free CAKE
It’s easy! Just deposit CAKE to your YouHodler wallet and you’ll earn free CAKE every week.
How to Get Free CAKE
yield payments occur every seven days. So you’ll get your free CAKE a week after your first deposit.
Cumulative yield CAKE
Yes, you have cumulative % p.a. if you HODL CAKE in the wallet. We calculate compound % p.a. rates every week.
CAKE APY & Yield
Compared to other platforms, we offer APY instead of . gives you % p.a. payments without the compounding effect. Hence, with APY at YouHodler, you get more CAKE at the end of the year due to this cumulative % p.a..
CAKE Yields Calculator
Just use our CAKE Yields Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.
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