Invest $100,000 at $12.77 per CAKE
Total Reward Rate: 68.53%
Est Monthly Earnings: $5,632.93 or 438.36965 CAKE
Est yearly: $68,534.03 or 5,333 Cake
So you mean to tell me that if I took out a loan from my bank at $100K at 4% APR my monthly payment would be approximately $459/month BUT I will make $5632.93 per month.
So a passive income of $5,583.93!!!!!
This is one of those situations that asks...........is this to good to be true.
Am I missing something?
CAKE prices can go down it will affect your income
APY can also go down depending on the number of staking participants