Does the reward booster apply to all Cake DeFi services?
The reward booster will be applicable to the following services:
- Staking
- Liquidity Mining
- Earn
- Freezer
- YieldVault (coming soon)
The reward booster will not be applicable to Borrow and Referral Rewards.
Cake DeFi may update the reward booster’s applicability to its services from time-to-time on this page, or in its Terms & Conditions.
What cryptocurrency is the reward booster distributed in?
Payouts from the reward booster will be paid in-kind, i.e. in the cryptocurrency that you have allocated.
One exception is Liquidity Mining, where the reward booster payouts will be in DFI.
For e.g. if you have allocations in BTC-DFI Liquidity Mining and ETH staking and are an ELITE, you will receive payouts in DFI and ETH.*
*This would be the case if the reward booster amount is below the maximum limit specified by Cake DeFi (the “cap”). If the amount exceeds the cap, the distribution of the reward booster will be based on the reward payout schedule for the product(s) that you have allocations in.
Is the cakeELITE reward booster (2X/2.5X) stacked on top of the 5-year (1.5X) or 10-year (2X) Freezer Program rewards?
Yes, if you have staked DFI in our 5-year (1.5X) or 10-year (2X) Freezer and have joined cakeELITE, you’ll be able to enjoy the reward booster on top of the 1.5X / 2X reward multiplier for Freezer. That’s up to 4.5X on your returns!
I have allocations in different Cake DeFi products, will I receive reward boosters on all of them?
This depends on whether the total reward booster payout amount for the eligible products exceeds the maximum limit specified by Cake DeFi (the “cap”).
- If it’s below the cap, you’ll receive a reward booster on all rewards generated from your allocations.
- If it exceeds the cap, the reward booster will be paid out based on the reward payout schedule, up till the cap is reached. (The reward payout schedule refers to when the normal rewards are paid out for the products that you have allocations in.)
- For example, if you have allocations in Staking and Liquidity Mining, and the Staking rewards are paid out prior to the Liquidity Mining rewards, you will receive a reward booster on the Staking rewards up till the cap is reached, and there will not be any reward booster on the Liquidity Mining rewards.
How often is the reward booster paid out?
The reward booster is distributed along with your normal rewards. You’ll be notified of the reward booster payouts on a weekly basis through our app (web/mobile) > Transactions Page.
Are payouts from the reward booster paid out together with the normal rewards or are those separate transactions?
The reward booster payout will be recorded as a separate transaction from normal reward payouts.
Will the booster rewards be auto-compounded back into the product?
Yes, your cakeELITE booster rewards are automatically compounded or staked if you have the auto-compound or auto-stake function switched on for Staking and Liquidity Mining respectively.
Booster rewards will not be auto-compounded for Earn.
Does the reward cap rollover to the next month if I have yet to reach the amount for the current month?
No, there is no monthly rollover for the reward cap.
Can the reward booster change (increase or decrease) during my cakeELITE membership?
No, it will not change during your monthly/yearly cakeELITE membership period, and any changes will only come into effect upon renewal.
When does the reward cap reset?
The reward cap is based on the day that you enrolled into the membership. It resets the same day of the following month.
For more information about the cakeELITE membership: cakeELITE - General FAQs
For more information about the cakeELITE payment: cakeELITE - Payment FAQs