Team Cake
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What is Auto Compound?
With Auto Compound set on, rewards are automatically converted to more staking shares upon rewards confirmation. Same as the Auto Purchase, you can switch it on or off anytime in your account.
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What are the fees for rewards?
Rewards are charged the following fees: 15% of reward and a fixed cost of $10 per node per month, scaled to the staking shares that you own. To illustrate how the fees are calculated, we shall use ...
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What is the difference between Expired and Ongoing?
An ongoing batch means that it is still running within the 4 weeks period. Afterwards a batch is expired, and waiting for your accrued funds (if you participated in this batch) to be transferred to...
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Can I run a masternode myself? Why should I use Cake?
You certainly can if you fulfill the criterias which involves technical knowledge and financial commitment - two of the aspect that only few people are able or want to meet. An important aspect of ...
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Without pledging, how do you get enough collaterals for masternodes?
Cake maintains liquidity fund of at least 1 node per coin that we list, so we do not have to wait for our users to pledge enough coins before we are able to spin up a node.
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Your returns differ from other coin & masternode pages - why is that?
Most coin pages and master node overview pages are providing the raw returns and are based on long historical records – some goes as far back as 2-3 years! This is not accurate because: Masternode...
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Who determines the rewards frequencies for each of the coins and why do they differ? And why do they differ from coin to coin?
The rewards are given by the individual coins for providing a staking node supporting their blockchain. Each coins provide a different reward amount and frequency and are not determined or set by us.
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What is a Masternode?
All Proof of Stake consensus algorithms are using masternodes. A masternode not only stores all the data of the blockchain, but also has a minimum number of coins that is locked up. With this, a ma...
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What is a Node?
A node is a computer with a certain setup that runs the cryptocurrency’s needed software and validates transactions. A miner or staker always operates a so-called full node (complete copy of the bl...
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How does the reward frequency of the shares work?
The payout days are always average - i.e.: Let's say Dash Nodes pay out every 10 days (as a pure example - this has nothing to do with luck, but only how the coin determines that payout frequency) ...