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Checking out Cakedefi – a SGD$100 experiment
By Simple Budget, Simple Life  •  August 26, 2021
  This week shall be proclaimed as the week of baptism into crypto lol. Within a short span, I created accounts with 3 different crypto platforms - HodlnautCelsius and now.....Cakedefi. Lured by the dangling carrots of 80 to >100% APY by staking on Cakedefi, I decided to check it out. The crypto space is really intriguing. I am just a beginner trying to dip my toes into the various ponds in hopes to gain more understanding of what others are trading/doing. I've been reading crypto articles on and off for the past year, but it's never the same as taking actions and trying things out in reality. #nevertryneverknow I thought it wouldn't hurt for me to test out all these crypto platforms with a bit of money. I ain't no baller, but I have mentally prepared myself to see deep losses. As such, I decided to put in SGD$100 into Cakedefi as an experiment to see what rewards I'll get in the next 180 days.  ...
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By Simple Budget, Simple Life
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