What is cakeELITE?
cakeELITE is a paid membership plan that offers members a clear and easy way to multiply their rewards by 2X or 2.5X (the “reward booster”), depending on the tier.
Can anyone join the cakeELITE membership?
Yes, anyone who has an account with us and has completed account identity verification (minimum KYC level 1) can join cakeELITE.
Can I join cakeELITE through the Cake mobile app?
Joining cakeELITE can only be done via the web browser app.cakedefi.com for now. Not great, we know. We’re working on it!
Is the cakeELITE membership automatically renewed?
Yes. Unless canceled by the customer, the cakeELITE membership will be auto-renewed.
Does the cakeELITE membership start on the day of enrollment?
Yes. You can check your cakeELITE membership details by logging in to Cake app > under Settings > view cakeELITE membership.
Can I change or cancel my cakeELITE membership at any time?
Yes, you can change or cancel your plan at any time. Please note that canceling or changing your cakeELITE membership tier will only take effect once your current membership plan expires, one month after your cakeELITE membership monthly renewal date if you’re upgrading from Tier 1 to Tier 2.
How is this different from the VIP program?
With both programs, we want to reward our most valued Cake customers by providing them with exclusive benefits.
The main difference between both programs now is that cakeELITE is a paid membership plan that offers a reward booster, while the VIP program is free and is based on your Confectionery Score, which is the total asset value in your Cake DeFi account.
For more information about the cakeELITE Reward Booster: cakeELITE - Reward Booster FAQs
For more information about the cakeELITE payment: cakeELITE - Payment FAQs