Yesterday it was said that the CAKE project has some hidden issues. In comparison, AAVE gives LP an annualized return of 7-9%, UNI gives LP around 22%, and CAKE gives LP around 45%! The more profit, the more they give, while continuously burning money for returns. The worst part is that even if they earn 10 billion, they can still give 99% to LP. They are suppressing the price like this and also creating liquidity issues. A few days ago, they didn't allow the withdrawal of staked assets, probably because the liquidity was too low.

Yesterday, I talked about the tricks of the CAKE project team. Most people probably don't understand the differences involved here. You will know if we make a horizontal comparison. First, AAVE gives LPs an annual return of 7% to 9%. UNI gives LPs an annual fee annualized return of 12% plus a 10% UNI reward, totaling around 22%. In contrast, CAKE offers LPs a fee annualized return of 15.5%, plus around 30% CAKE rewards. The more profit, the more they give. Because the burn rate has been controlled at around 500,000, the money cannot be exhausted, and they will keep giving to LPs, with a total annual return of around 45%. The scariest part is that even if they make 10 billion in a year, they can still give 99% of the revenue to LPs. Do you understand? The project team is using this method to suppress prices because excessive burning creates a liquidity vacuum in the market. A few days ago, they didn't allow staking to withdraw staked users, probably because market liquidity was too low. Otherwise, why would the project team not want investors to stake? It's the project team messing around, drawing a circle and cursing the project team O$CAKE