What is CAKE Reward Token?
Current Yield Farming state:
- Farm at a higher interest rate, but high risk and not for all portfolio size.
- Can be time consuming to look for and manage a portfolio across farming protocols -Gas costs are increasing. Moving between farming protocols and regularly transacting to compound your yields is becoming prohibitively expensive.
- Smart contracts are hard to audit and bugs can result in lost funds.
CAKECITY addresses these problems by deploying strategies to move assets between different yield farming opportunities to maximize yield and manage risk.