FAQ
Last updated
Last updated
Upon each weekly distribution, each user’s shares are re-calculated based on:
The amount of locked CAKE they have
The remaining lock duration of their locked CAKE rounded down to weeks, and the maximum allowed lock time (currently 52 weeks)
For example:
If a user has 50 CAKE locked and the remaining lock time is 10.3 weeks, then the user has 50 * (10 / 52 ) ~= 9.61 shares.
Shares (rCAKE) are updated upon each weekly distribution at 23:59 UTC every Wednesday. Check back again after the very next weekly distribution to view your updated shares.
When calculating shares (rCAKE), the remaining lock duration is rounded down to weeks. Therefore to receive shares, you must ensure your staking position unlocks no earlier than the very next distribution.
For example, to receive shares for the week 1 distribution. You must:
Join before 23:59 UTC, 2 August.
Have an active fixed-term CAKE staking position which unlocks later than 23:59 UTC, 9 August.
If your staking position unlocks earlier than 23:59 UTC, 9 August, you will receive 0 shares for week 1.
No, as mentioned shares are calculated at the beginning of the distribution period at 23:59 UTC on Wednesday every week. Therefore you will receive shares starting from the next distribution and start accumulating rewards by then.
Since shares are calculated based on CAKE amount and remaining lock duration, to receive more shares, you may:
Lock more CAKE
Extend your staking position
Please note that after adding CAKE or extending, shares are NOT updated in real time and only updated upon each week’s weekly distributions.
No, you will only need to enrol once. All subsequent CAKE staking pool operations will automatically inform the revenue sharing pool and update your shares upon the next weekly distributions.
The number of CAKE rewards injected weekly may not be 100% matching with the numbers calculated from the volume displayed on various trackers. Multiple external factors may impact the number of CAKE rewards that can be converted:
CAKE token price while the trading fee is being converted and processed
Underlying asset prices while the trading fee is being converted and processed
To save gas and operational cost. Revenues from blockchains other than BNB Chain are processed monthly. They will be injected with a one-month delay with weekly averaging.
Some trading pairs may have insufficient liquidity while processing the trading fee.
Some trading pairs may contain tokens with custom logic that prevent their fee from being processed.
Chefs are working hard to apply tools and practices to ensure more trading fees generated can be processed and converted into CAKE.
