Soft Staking is a real gem! Earn an annualized return of 8%+ with no lock-up (includes a pitfall guide) #SoftStaking

Just switched $CAKE to Soft Staking mode, tested against traditional staking, unlocking three major 'real gem laws' 👇

✅ What is Soft Staking?

👉 Earn interest on tokens without locking them up

▸ Tokens remain in the spot account and earn interest automatically (no need to transfer to a mining pool)

▸ Can be traded/withdrawn at any time (earnings settled hourly without interruption)

▸ Applicable tokens: $CAKE, $AXS, $SAND, etc. (continuously increasing)

🚀 Three-step activation (using Binance web version as an example)

Go to [Wallet] → [Earn Coins]

Search for the token (e.g., CAKE) → Click [Soft Staking]

Confirm to activate → Start earning interest immediately (no waiting period)

Note: Once activated for the first time, it remains effective permanently, and subsequent deposits will automatically earn interest

💡 Three major advantages over traditional staking

Comparison Dimension Soft Staking Traditional Locked Staking

Liquidity Trade/withdraw at any time ✅ Locked for 7-90 days ❌

Continuity of Earnings Hourly earnings still settle after selling ✅ Redemption stops earning ❌

Annualized Increase $CAKE tested at 8.2% (no loss) About 7%+ mining pool fees ❌

📉 Personal lessons learned (must-read!)

➊ Gas fee trap: Forgot to leave ETH for Gas when transferring $SAND, got stuck for 3 days before redeeming (suggest keeping $20 worth of Gas tokens in your wallet)

➋ Price loss risk: $AXS price dropped 15% in one day, while earning interest, the principal shrank > Earnings (suitable for long-term holders)

➌ Small token restrictions: New tokens like $PORTAL are currently unsupported, need to pay attention to official updates

Earnings tested: Holding 2,000 $CAKE, average daily interest ≈ 0.45 CAKE (annualized ≈ 82 CAKE), withdrawing to buy coffee is really nice! ☕️