You can also stake CAKE on PancakeSwap (not in the idea of LPs) and you earn some other tokens. It is like a locked deposit, I am in one for 90 days earning KII token. That's because I am not in a hurry to sell and just to add few more tokens on that (will exchange what I earn back to CAKE). But if you are looking for quick profits, having those liquid might be a better option.
Yes...had to take a bold move.. Now waiting for some quick profits if not will hodl CAKE token like holding HIVE.. Cheers
You can also stake CAKE on PancakeSwap (not in the idea of LPs) and you earn some other tokens. It is like a locked deposit, I am in one for 90 days earning KII token. That's because I am not in a hurry to sell and just to add few more tokens on that (will exchange what I earn back to CAKE). But if you are looking for quick profits, having those liquid might be a better option.