Cake DeFi is a Singapore-based platform that simplifies crypto yield generation by combining pooled masternode staking and options lending in a single interface. Founded in early 2019 by Dr. Julian Hosp (CEO, serial entrepreneur, and former professional athlete) and U-Zyn Chua (CTO, early contributor to Bitcoin, Ethereum, and Dash, and blockchain adviser to Singapore's Ministry of Defence), Cake DeFi targets both novice and time-constrained investors.
Lapis Service: Turning Non-PoS Assets into Yield Generators
The company's flagship Lapis Service allows users to earn interest on Bitcoin (BTC) and Ethereum (ETH) — assets that are not native to proof-of-stake. By depositing into weekly batches with a four-week lock-up period, participants receive 8-9% annualized returns. To maintain transparency, trade details (strike price, premium, settlement price) are hashed during the batch and publicly revealed after its conclusion, balancing security with the openness expected from DeFi.
DFI Pool & Multi-Asset Staking
Cake DeFi is the first staking provider for DeFiChain (DFI), a blockchain purpose-built for high-speed decentralized finance. Stakers earn a remarkable 25% APR, with block rewards distributed every 26 seconds. In addition, the platform supports staking for DASH, PIVX, Zcoin, and other proof-of-stake tokens, each offering competitive annual returns.
CeFi Meets DeFi: Compliance, Transparency & Ease of Use
Unlike many DeFi platforms that sacrifice regulatory compliance, Cake DeFi operates as a registered entity in Singapore and emphasizes governance. Its hybrid approach—CeFi convenience with DeFi transparency—attracts users seeking simplicity without sacrificing auditability. Features include no minimum deposit, weekly statements, and one-click real-time compounding. The platform has achieved over 10% week-on-week growth in new users and deposits since its launch.
Looking ahead, Cake DeFi plans to introduce USD lending in Q3 2020 and additional fiat integrations, further solidifying its position as a one-stop CeFi+DeFi platform. By lowering the barrier to sophisticated yield strategies, Cake DeFi democratizes access to crypto passive income for a global audience.