Thinking $CAKE is undervalued and compounding it on CubDeFi !

7 mo
LeoFinance
2 Min Read
302 words

Hello HODLers,

Looking at the market, I know we have had a very strong run lately and tehrefore I have been cashing out some profits into stablecoins (a lot of different ones). But I also wanted to build a bigger stacks in DeFi Blue Chips.

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Source: I stole this from @shortsegment's post.Please forgive me but it is too cool :D.

Thinking about this, I look at $CAKE which has basically been stable through the entire $BNB Bullrun. I thought this could be a great idea to build a bigger position in $CAKE.

It is only sitting at $19 while $BNB is at more than $620. That's crazy if you ask me as they will continue to burn $CAKE emission.

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$CAKE chart (1month)

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PancakeSwap DeFi Metrics look great

That is the most surprising thing, $CAKE did not perform but the metrics have been trending up both for TVL and Volume !

It does not make sense to me, so I guess I will buy some to benefit from other users realizing this.

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Where do I park my $CAKE?

Well, you know it ! On Cubdefi.com ! I get a nice total 87.4% APY with some juicy $CUB (13.39%APY) while investing in a platform I trust with people I like !

As I get close to $100 per day due to dividends / NFT profits... I decided to buy 4 $CAKE dailyand just compound them in the $CAKE CubDefi kingdom !

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Latest Analysis

Posted Using LeoFinance Beta


Cake vault is one of the coolest vault on cubdefi

1

Indeed ! Easy to understand and great APY.

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0

@tipu curate

1
7 mo
0

Thank you 🙏 so much @zottone444 !

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About anything

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Agreed with you that CAKE is undervalued.
Normally, CAKE price = BNB price/20, so CAKE should be around $32 now.
CAKE will run soon :)

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1

Indeed, I am not sure about your ratio but I like it :D

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0