Level Up Your Crypto Game!
With Cake DeFi & FACEIT
Earn crypto via exclusive Cake DeFi sponsored Missions and Tournaments on FACEIT
Cake DeFi and FACEIT are joining forces to unlock greater value for gaming and crypto enthusiasts. From 26 May 2022 to 01 July 2023, FACEIT’s gamers will be able to earn crypto by participating in select Cake DeFi sponsored Missions and Tournaments on the FACEIT platform.
Cryptocurrency rewards and prizes redeemed on Cake DeFi will be instantly auto-converted at market value into DFI (DeFiChain). The DFI will be placed into a 30-day Freezer, earning users even higher rewards.
- How do I redeem my cryptocurrency prize voucher upon receiving it from FACEIT?
Once you successfully complete the Cake DeFi sponsored Mission(s) or Tournament(s), you will receive a unique URL link in the form of a pop-up message on the FACEIT platform. Each URL is unique and is connected to your prize amount. Simply click the link and follow the instructions. You will be required to register, complete your identity verification before you receive your crypto prize.
- Why do I have to sign up to Cake DeFi to claim my prize voucher?
Prize redemptions will only be accepted on Cake DeFi. Cake DeFi and FACEIT have teamed up to unlock greater value for gaming and crypto enthusiasts, offering FACEIT users the chance to win crypto prize vouchers for completing select Cake DeFi sponsored Mission(s) and Tournament(s). Prize vouchers will only be redeemable on Cake DeFi using the unique URL provided by FACEIT upon completion of Cake DeFi sponsored Mission(s) and Tournament(s).
- Is there a limit on the number of prize vouchers I can redeem on Cake DeFi?
Each Cake DeFi user is allowed to redeem a maximum of two Mission vouchers per year.
For tournaments, the limit is capped at one Tournament voucher per weekly Tournament.
This means a user can potentially redeem up to 52 tournament vouchers in a year – one for each weekly tournament.
A user should not be redeeming multiple vouchers from the same week’s Tournament.
Cake DeFi reserves the right to cancel redemption, orders, deactivate vouchers or suspend accounts if abuse (inclusive but not limited to: reselling, exploitation of glitches, multiple account creation and spamming) or fraudulent activity is suspected.
- What happens to the voucher once I redeem it on Cake DeFi?
The voucher value will be instantly auto-converted at market value into DFI — a cryptocurrency coin.
The DFI will be placed into a 30-day freezer, earning staking rewards. After 30 days, you are free to withdraw the DFI or continue earning the staking rewards.
To view your credited voucher entries, login and proceed to the Freezer section.
- Which countries are excluded from participating in the voucher redemption?
Please note that residents of the following jurisdictions are excluded from Cake DeFi’s services (including voucher redemptions):
State of New York (USA), Albania, Bangladesh, Belarus, Burkina Faso, Burundi, Cambodia, Central African Republic, Cuba, Democratic People’s Republic of Korea, Democratic Republic of Congo, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, Pakistan, Somalia, Sudan, South Sudan, Syria, Uganda, Venezuela, Yemen, Zimbabwe
- When does the Cake DeFi and FACEIT promotion end?
The promotion will commence with Missions starting at 12:00pm (BST) on 26 May, 2022, running until 12:00pm (BST) on 25 May, 2023.
Tournaments commence at 12:00pm (BST) on 24 June, 2022 running until 12:00pm (BST) on 01 July, 2023.
- When will my prize vouchers expire?
Your prize vouchers will be valid for 3 months from the moment that your unique URL is displayed on FACEIT platform. You must convert your prize voucher on Cake DeFi within those 3 months. Prize voucher expiration dates cannot be extended and expired vouchers cannot be reactivated.
- Why does my sign-up bonus in DFI go into the Freezer?
In order to ensure that no fraudulent activity or platform manipulation occurs on Cake DeFi, we automatically allocate sign-up bonus rewards into the Freezer. During this time, you will automatically earn staking returns on your bonus in the Freezer.
Once the rewards are unfrozen, you can then enter them into Staking, Liquidity Mining, or re-enter the Freezer for a time period of your choosing. Alternatively, you can choose to withdraw your DFI. (Funds in the freezer earn a higher APY compared to unfrozen funds).
- Who can participate in the FACEIT promotion?
The promotion is applicable to all new and existing Cake DeFi users that participate and win any Cake DeFi sponsored Mission and / or Tournament.
- How do I make my first deposit into my Cake DeFi account?
More information can be found in this article: How to make a deposit into my Cake DeFi account?