Hi Friends,
I have been using the auto cake pool since it first came out. Yields on these defi projects have been dwindling as more entrants come in to the space, and the auto cake pool is in the low 70%s now:
Of course, this still beats so many other things you could be putting your cash in, but I also feel it limits the potential of the coin to run. During the last bull run, cake coin got over $40 each. I added quite a bit at $14, so the current price near $20 is still a decent gain, especially when the 70% yield is compounding each month.
So, I will keep at the auto cake pool, but if crypto is set to top out in 3 - 6 months, I will plan to trim some of it, and potentially rebuy during the next bear market.
Thanks for coming by,
Brian