VIP Program overview

What is a Confectionery Score?

Your “Confectionery Score” indicates your VIP tier, and is calculated based on your invested assets on Cake DeFi, measured in BTC. If you use other coins, we will convert the value of those coins into the value of BTC. This calculation will be completed on a weekly basis at random times. 

Where can I find my Confectionery Score?

You can see your Confectionery Score in two ways:

• The first is by navigating to the “Confectionery” menu in the main navigation bar, and scrolling down the page to see which VIP tier you are in. 
• Your Confectionery Score is also displayed in the Asset bar, which is displayed on the bottom of the Cake DeFi website, and indicates your Total Assets Worth, Allocated Assets, Frozen Assets and Available Assets. On the right-side of the bar, you will see your Confectionery Score.  

How do I enter the VIP Confectionery program?

In order to join the VIP program, you must have a minimum of 0.1 BTC worth of assets on Cake DeFi. If you don’t have 0.1 BTC worth of assets and you top-up your assets to a minimum of 0.1 BTC, then your 0.1 BTC will count in full towards your Confectionary Score after 12 weeks. This is due to the fact that the 12-week moving average is used for the calculation (see example below).

How does Cake DeFi Calculate my Confectionery Score?

Your “Confectionery Score” indicates your VIP tier, and is based on the 12-week moving average of your assets invested on Cake DeFi, measured in BTC. If you use other coins, we will convert the value of those coins into the value of BTC. This calculation will be completed on a weekly basis at random times. 

Depending on the products you use, you’ll receive an added multiplier. These are:

2x on Funds in Freezer

1.5x on Staking and Liquidity Mining

1x on Lending

Both investments were made more than 12 weeks ago and since then no changes in the composition of your assets has occurred:

A user made their first deposit of 1.0 BTC into the Lending product 16 weeks ago. After another two weeks, the user made a second deposit of 2.0 BTC and put it into Staking (a total of 14 weeks ago).

Now, 14 weeks after their last deposit on Cake DeFi, the user has a total of 3.0 BTC (1.0 BTC in Lending and 2.0 BTC in Staking) on the platform.

To determine the user’s VIP Confectionery Score however, we must calculate their product multiplier, and also apply the calculation for a 12-week moving average. 

Calculation: 

1. Because the user has 1 BTC in Lending, there is a 1x multiplier, which means the Confectionery Score allocation remains as 1 BTC. However, because the user has 2 BTC in Staking, they get a 1.5x product multiplier, which brings the Confectionery Score of the stacking amount up to 3 BTC. That means, the user would have a weighted 4 BTC displayed on their Confectionery Score (taking into account their 1 BTC in Lending and 2 BTC in Staking, with the added multipliers). 
2. Now we must take the 12-week moving average into account. This works out to: (12 * 4.0 BTC) / 12 = 4.0 BTC.

Hence, the 12-week moving average for this user is 4.0 BTC in this example, putting the user into the Apprentice tier in the VIP program.  

Both investments were made within the last 12 weeks and since then no change in the composition of your assets has occurred. This also applies to all new members who signed up within the last 12 weeks:

For this example let’s assume you have invested 1 BTC into Lending six weeks ago and 2 BTC into Staking four weeks ago. The first few steps in order to calculate your Confectionery score remain the same as above.

Calculation:

1. Firstly, you must calculate the multiplier-weighted assets on our platform. This is done by taking the total amount you have invested into each product and by multiplying it by the respective product multiplier. In the example above this means, you have to multiply the total amount of BTC you have in Lending by x1 (1x1 = 1) and the total amount of BTC you have in Staking is multiplied by factor x1.5 (2x1.5 = 3). 

1. Next, you have to calculate the 12-week moving average for each transaction that happened in the last 12 weeks (all transactions occurred within the grey box in the table above). The 12-week moving average of the Lending investment is calculated by taking the multiplier-weighted assets and multiplying them by when your investment has been made (here 6 weeks ago) and divide that by 12, since we’d like to know the average over the last 12 weeks. Hence, the 12-week moving average for this Lending batch is: (1*6) / 12 = 0.5
2. Now you have to do the same for Staking. The 12-week moving average of the Staking investment is calculated by taking the multiplier-weighted assets and by multiplying them by when your investment has been made (here 4 weeks ago) and divide that by 12. Hence, the 12-week moving average for this Staking batch is: (3*4) / 12 = 1.0
3. Lastly, you have to sum up individually calculated 12-week moving averages of all your investments during the last 12 weeks to get your total 12-week moving average, which equals your Confectionery score and determines your VIP tier level.