Lending Service provides cash flow for your Bitcoin, Ethereum, USD Coin and Tether. Your principal and returns are fully guaranteed and risk-free with potential bonuses.
Service summary:
- We offer BTC / ETH / USDC / USDT Lending every week.
- Each BTC / ETH / USDC / USDT Lending batch runs for 1 week, starting and ending on Friday.
- The base return of BTC / ETH / USDC / USDT Lending is guaranteed (see below).
- APY is tiered according to allocated amount. I.e. for BTC, 4.0% APY applies to first 0.01 BTC, for any surplus amount the APY will become 0.1% (see below).
- Once you decide on your entry amount, your BTC / ETH / USDC / USDT will be locked in for the entire week.
- After the 1 week period of the batch, you will have the option to auto-compound (automatically roll-over) into the next batch, withdraw only your proceeds, or your entire principal + returns to your account.
- We are restructuring our Lending service to move it on-chain, in the meantime APY returns will be paid out of Cake’s operational budget. Can read more details on our blog here.
Lending does not charge fees from users, the listed APY figures are net of all fees and users stand to gain return on the entirety of your entry.