With both, you can simply stake your CAKE tokens to earn more CAKE tokens with no deposit fees—both staking options auto-compound CAKE rewards for you. Flexible staking allows users to stake CAKE and earn rewards with the ability to unstake whenever they please. Fixed-term staking allows users to maximise their yield and earn even more CAKE by locking their staked CAKE for a period of time they choose, earning a linearly boosted APY compared to flexible staking.