@EnergyB0x 15 June 2022 more from that month

Cake DEFI launched today a positive message to all customers, specifying that all withdrawals are processed (99% within 24h) and operational accounts are separate from customers funds accounts. Good news for me, Cake DEFI is the only LYC service where I’ve still funds because I freezed some BCH. Here the announcement: Yesterday was indeed a rough day for crypto community. Not only did the crypto market continue with its downward trend, with Bitcoin plummeting below the $25K price range but lending giant Celsius announced that all withdrawals, swap and transfer would be paused. For our part, we simply want to reassure you that current market conditions have little impact on Cake’s daily operations, and 99% of the withdrawals are processed within 24 hours. Here is what sets us apart from Celsius and others. 1. Customer’s assets are kept separate from company’s operating accounts, fully complying with Singapore’s regulations. 2. All Cake’s Staking and Liquidity Mining services can be accessed by the users directly on the blockchain. All transactions, yields, masternodes and other information are provided to the user on Cake’s website and App. Though, indeed, we believe that crypto is the future, the short term volatility of the crypto market remains unpredictable.. So, the best strategy is to HODL in the long run and get cash flow in the meanwhile. As always, happy baking!