/biz/ - Business & Finance

Yes.

>>30013589
Based. I do have 30 BNB too.

>>30013445
you should be farming CAKE via squirrel.finance for higher APR anon (standard CAKE + bonus NUTS)

I'm super excited but worried, Coin Bureau said they mint 750,000 coins a day after deflation burning. I'm still bullish on it but I don't think it will go to 100 like I did last week.

>>30013918
I put my CAKE at Pancakeswap because they are from Binance and I trust more, I don't trust this site.

>>30013973
I would be extreme happy if CAKE price reaches $80 EOY.
But I don't understand impermanent loss this much. I should hope for the price to raise a lot to compensate my impermanent loss due to volatily?

UPPPPPPPPPPPPPPPPPP.

What are your guys thoughts on pancake bunny. Autocompounds cake and gives you bunny token. Is this legit. APY seems too good to be true

>>30015943
Bunny is when you set up your profile? I had to pay fees for this fucking rabbit

>>30013992
I didn't either but it's worth considering. If not that then go for autofarm or beefy or AcryptoS. All higher APYs I believe

>>30015943
havent done the calculation on their profit tax but seems legit. pancake swap endorses them on their twitter. got a shoutout from binance too. farming CAKE-BNB FLIP there and have made $20 in the past week on about $700 collateral.

>>30014142
if you're farming a pair like BNB-CAKE you want both coins to rise with similar volatility to avoid impermanent loss. CAKE will probably outpace bnb on a crazy bull run but impermanent loss is only about 25% on a 500% relative rise, APY should pay for that. just dont do CAKE-BUSD or another stablecoin

Rhymes with fake.

>>30016760
I traded my BNB to CAKE and I'm farming CAKE to CAKE.
I didn't find BNB to CAKE at Pancakeswap.

>>30016936
thats not farming just staking. no impermanent loss there. if you go to "farms" on pancakeswap CAKE-BNB LP (liquidity pool) is the first one you'll see. APY is better than just staking CAKE. but i recommend you use pancake bunny if you wanna be a liquidity provider because the auto compound is tight

>>30017115
>thats not farming just staking.
>>30013445
This isn't farming?

>>30017203
it's staking. you're not providing liquidity to a pair.

>>30017203
Farming implies providing liquidity, staking is one sided

Are you bros using Metamask or Trustwallet to stake your CAKE?

any reason why I shouldn't use beefy.finance for the auto-compounding, no gas fees other than the (admittedly) higher deposit fee, and a aggregated selection of pools/farms over pancake swap?

>>30017115
>>30017332
I went to the pools!!!
I can get more farming??? Where is the farming if not at the pools???

>>30017203
no.
minimal risk by using pools.
farming requires a 50/50 deposit of both BNB and whatever coin farm you are providing liquidity to.
farming exposes you to impermanent loss though. i dont fully understand it but i think that if BNB goes up but your farm does not or vice versa you lose money, if they both go down, you lose money, they both have to go up simultaneously at roughly the same percentage for you to gain money.

>>30013992
The chad move

>>30016266
The donkey move

>>30017353
Trustwallet.

>>30017356
no reason at all. beefy is a legit project.

>>30017373
it literally says "farms" on the lefthand side you numbskull

>>30017436
>less is better
faggot

>>30017479
Fuck you dude, I'm new to this and I have TDAH

>>30017421
>lose
>gain
not quite, read up on inpermenant loss

>>30017585
If the coin appreciate more than the impermanent loss you had a gain

>>30017556
is TDAH how you say youre a pajeet no speak english?

What pairs offer best returns for AUTO?
Should I be farming or staking it . Ive got 2 AUTO coins.

Thanks for the help im not smart

>>30017689
Yeap, I'm a pajeet and you are a failure fat ass who can even talk to people irl

>>30013445
Recommend some app to farm bitcoin on android by playing faggot ass games or seeing ads or videos

>>30017324
>>30017332
>>30017421
Are the pools just proof-of-stake consensus mining pools?

>>30017682
ding ding ding
basically lp reduces your gains and losses from a single token increasing or decreasing in price due to it being paired

>>30017894
I didn't understand what this means
Is this good? You have less risk due to impermanet loss?

>>30017761
literally look at the site????

>>30017373
you type like jeet

>>30017443
Thanks.

So I need to get a Trustwallet, move my CAKE onto it from Binance, and connect my Trustwallet to https://pancakeswap.finance and I'll be able to stake?

forget about this cheap scam
don’t follow this dump
>you shouldn’t be smart to understand how to make rewards on farming
join Justliquidity on binance smart chain
>no reason to pay 40% of your portfolio on fees and taxes

>>30017556
You are an actual fucking moron though. The UI couldn't be any simpler. You literally skipped past farms to get to pools. Just went ahead and put your money into the first thing you saw. Stop being defensive and start using your brain.

>>30013918
>APR 466.51%

What kind of redman scam is this?

>>30013992
>>30016191
>>30016936
>>30017203
>>30017373
>>30017761
>>30017841

What's going on with the stream of pea brain posts here? Is this the kind of people who are shilling BSC projects? I'm getting kinda worried about my farms.

>>30018207
YEP.

But use BEP20 to transfer your BNB, this is very important. And select Binance Chain on TrustWallet.

>>30018325
I don't care, pool is fine too. Later I check the farm.

>>30018687
>I'm getting kinda worried about my farms.
these are just retards who took months to understand how to swap on UNI and now you're asking them to switch to a new chain. by the time they figure it out CAKE will have done a 10x. enjoy the juicy APY in the meantime.

>>30019122
LMAO, fuck you, snowflake, that is literally my first day at BSC
You think you are smarter than you really are

PLEASE SERS HOW TO FARM THE BEEFY NUT SMOKED BUNNY CAKES?

>>30019349
WHEN LAUNCH NAAN COIN ON BSC?????????

>>30013445


Whats the return on this?
I am sorry Im retarded on staking or farming

What does APR mean?
134% of what when

Does this mean if I put $100 worth of cake into staking I will get $134 worth back ?

If so when will I get it ? After 1 week?

please answer

>>30013445
>>30013589
>>30013610
>>30013918
>>30013973
>>30013992
>>30014142
>>30014682
>>30015943
>>30016191
>>30016266
>>30016689
>>30016834
>>30016760
>>30016936
>>30017115
>>30017203
>>30017324
>>30017353
>>30017332
>>30017421
>>30017373
>>30017436
>>30017443
>>30017479
>>30017452
>>30017585
>>30017556
>>30017689
>>30017682
>>30017761
>>30017786
>>30017849
>>30018051
>>30018123
>>30018392

>>30020285
get that grandma out of here.

>>30020285
the A in APR stands for Annual. also the APR changes all the time, the more people stake the lower it gets. it is very unlikely to be at 100%+ in a year's time

>>30013445
Not with cake, yes with egg

>>30013445
I'm with you anon

>>30013445
>>30021075
poorfags unite

>>30013445
No. Never trust CZ. If you wanna degen get in and get out. Then funnel into UNN.

>>30020285
yeah im selling my fucking cake i cant deal with this shit

>>30013918
>NUTS
Emphatically based

>>30021075
Based.

>>30021814
>Never trust CZ.
I don't like chinese people, but they are smart, you can't deny that

>>30013445

>>30022796
That is $48.000. How much do you have on other coins?
I could go all in with 680 CAKE, but I thought it is too risky

>>30022796
>>30022882
And how long did it take to get 4,7 CAKE?

>>30022882
cake is my biggest bag with ada being close behind. dont be a bitch

>>30022993
How much do you think CAKE could reach EOY?

>>30022931
3-4 hours

bunny gang rise

>>30023044
So I should take like 9 days to get this, if my math is correct. Which gives me like 12 CAKE per month, with 68 staked. Not so bad.

i got in cake at 60 cents. dont feel bad bros. lots of whales already sold
>>30023023

>>30015943
Loving 0ancake bunny. They halved bunny rewards today for all farms but bunny. Still better than staking at pcs

>>30023203
>lots of whales already sold
So what? A lot of whales sells BTC every day

>>30023193
My inspiration

>>30023248
oh thats why i lost a chunk of my bunny. not based.

>>30023374
I bought a bunny by mistake today when creating my pancakeswap account, I thought it was mandatory

Feel like getting out of egg completely desu and going back to cake. Former seems like it's had its run by now, it didn't perform all that well compared to the other big boy BSC coins and the dev dumping FUD from last week didn't help.

Use this website to track your yields anons, simple to use all you have to do is enter your address

>>30023957
Reported.

>>30024218
I just saw that you're a newfag kek. Go on TrustWallet on your Dapps and you'll see it...

>>30020285
>What is APR
based midwit

Is CAKE a good investment? Seems like it just broke out. What should I do with my CAKE coins and how much can I make staking them?

>>30024496
annual percent rate

anal prolaptic roleplay

in crypto both sound same meaning

in normal world, I know this prolly means I get x% in 1 year or so

CAKEbros, how much do you think cake could value EOY?

>>30024859
I think if BNB do well CAKE will do too

Stake at Pancakeswap

134% APY

>>30025053
>I think if BNB do well CAKE will do too
And BNB will do well if BTC do you, whe are on the middle of a bull run, so...

Holy fuck why are there so many newfags and retards here on CAKE? I guess I better sell soon

>>30025928
newfags and retards are the easiest to dump your bags onto, how is that not bullish?

>>30026049
not sure when would be the right time to dump on them senpai