CAKE Syrup Pool FAQ
You can choose from 1-52 weeks. What do you prefer?
Since flexible staking and fixed-term staking options are part of the same pool, the following variables affect the yield% (APR/APY) of both:
- Total CAKE staked in flexible staking and fixed-term staking (the sum of both). The more CAKE staked, the lower the APR/APY.
- Total locked CAKE in fixed-term staking. The more CAKE locked means more yield boosts, resulting in fewer CAKE rewards for others (especially flexible staking).
- The average lock duration of all CAKE locked in fixed-term staking. If the average lock duration increases, APR/APY will decrease.
No. You can harvest the rewards only when the locked duration is ended. This is based on the yield/return we are providing as well as the technical implementations.
Yes. Extending the lock duration adds more time to your initial lock duration. When choosing to extend your lock duration, note:
New extended lock duration = initial lock duration + added duration
No. Your CAKE cannot be removed or withdrawn from fixed-term staking at any point in time until your lock duration ends and your CAKE is unlocked.
The "CAKE Locked" amount is a user's initial locked CAKE balance plus CAKE rewards to date.
CAKE Locked = Initial locked CAKE balance + CAKE rewards
When adding more CAKE to fixed-term staking, the "CAKE to be locked" amount is the user's initial locked CAKE balance, CAKE rewards to date, and the CAKE being added.
Yes, the fixed-term staking CAKE pool APR is variable, just like the old CAKE pools. The fixed-term staking CAKE pool APR is not fixed and is dependent on:
- Total CAKE staked in the CAKE pool (the sum of both Flexible + Fixed-Term Staking).
- The average lock duration of all CAKE locked in fixed-term staking.
- A yield boost (similar to a multiplier) calculated from a user's initial lock duration. The longer you lock your CAKE, the higher the yield boost.
For example, if you lock your CAKE for 52 weeks, your yield boost will be larger than if you lock your CAKE for 26 weeks. The yield boost increases linearly the longer you lock your CAKE.
No, a separate amount of CAKE is needed. However, locked-staking provides entry for IFO public sales. Check out iCAKE.
Yes, when you are doing fixed-term CAKE staking. A flexible CAKE staking side-pool will automatically appear for you to choose from.
No. There are no additional fees for moving CAKE from flexible staking to fixed-term staking, only gas fees.
When your fixed-term staking period ends, and your CAKE unlocks, you have 7 days to complete one of two options:
- Lock your CAKE to begin a new fixed-term staking period or
- Convert your staked CAKE to flexible staking (no 72-hour withdrawal fee).
During these 7 days, you will still earn CAKE.
After 7 days, if you have not done one of the two options, your staked CAKE will enter what is called "After Burning". With "After Burning", your CAKE rewards will start to be sent to burn. The % of CAKE rewards being sent to burn will linearly increase in the 90 days "After Burning" period until it reaches 100%, which means all the CAKE rewards are burnt.
So, to avoid missing out on CAKE rewards, we recommend starting a new fixed-term staking period or converting your CAKE to flexible staking at the end of your lock staking period.
Last modified 3mo ago