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Earn $10 Worth Of DFI For Each Referral

avatar of @fun2learn
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@fun2learn
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Cake Defi has started a referral program that allows us to earn $10 worth of DFI for each sign-up.

The $10 worth of DFI would be locked up in staking for 180 days that can yield staking reward.

It only took a few months for the price of DFI to rise from the lowest at about $0.16 in July 2020 to the current price of about $1.60.

Part of the reason for this rise in price was due to the new decentralised exchange of defichain as well as the high APY of liquidity mining.

Getting new sign up may not really be that tough as Cake Defi since it is offering a $20 worth of DFI for the new user after the first deposit(no minimum was stated by Cake Defi).

By signing up with a referral link, the new user gets an additional $10 worth of DFI while we would also get $10 worth of DFI for referring them successfully.

All these free DFI would be locked up for 180 days with staking rewards.

The staking rewards can be drawn out or reinvest.

After signing up, we would need to verify our identity for KYC.

We need to provide documents for verification: -

  1. Our identity - our identity card or passport.
  2. Our residential - utility bills or anything that has our address and name on it

After verification, I remember that I was able to see my referral link to promote Cake Defi.

Below is my referral link if you are interested to sign up and get the $30 worth of DFI.

https://pool.cakedefi.com/#?ref=610483

Just imagine the staking reward shown on Cake Defi is currently 37% APY.

Getting referral to earn free DFI that goes into staking can become an attractive long term passive income with this 37% APY.

It may take a bit of work in the beginning but we are actually helping others to learn about the wonderful opportunity that Cake Defi has.

A reliable company registered in Singapore and there are many youtube videos on Cake Defi produced by the founder to introduce different features of Cake Defi.

The liquidity mining at Cake Defi is over 200% APY which is quite a nice income too for those who love passive income.

When we do not have much to invest in staking, we can earn our DFI simply by promoting Cake Defi to others that may benefit them for life.

Click the link below to find out more about Cake Defi on your own. https://pool.cakedefi.com/#?ref=610483

Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.