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simplycutex
npub1hna…tpfr
2023-01-04 21:48:18

simplycutex on Nostr: CAKE has made me so much money in the Bull run, but I always thought them a little ...

CAKE has made me so much money in the Bull run, but I always thought them a little dodgy. Now Cake DeFi publishes Merkle tree-based Proof of Reserves.
Would it be legit, how can it? If you deposit $50 with them using a link like this https://app.cakedefi.com/?ref=197670 You get $30 for free, sounds too good to be true but they are still standing. If we can trust these reserves.

https://cointelegraph.com/news/cake-defi-publishes-merkle-tree-based-proof-of-reserves
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