have a nice time
I have a question about Staking CAKE for 5 years ! Im Staking CAKE for 5 year, if after second year, I need to my money, Can I unstake and withdraw all of my Staked CAKE (staked cake and profit taken)
if Im unstaking CAKE after 2 years , Do I have to pay a fine or a percentage reduction?
I have $ 1,000, I want to stack it, do you think I can stack it for five years? Or should I stack for one year and renew the stack every year?
https://beincrypto.com/learn/how-to-stake-cake/
You can stake tokens for 1 day, 7 days, 30 days, 1 year, and 5 years, and there is an unstacking fee if you withdraw your tokens within the first three days.
So its up to you on what duration you would able to pull of those funds that you have stacked or staked on the platform.
5 years time? Too long to consider and we cant be sure on when it would shut down.