Share the operation of bottom-fishing in the past few days (Part 3):
5000U bottom-fished BNB and CAKE, forming LP pairs for mining
The main logic is:
BNB is needless to say. CAKE is a decentralized exchange. On the one hand, I think if a centralized exchange is impacted by the real world in the future, a lot of traffic will naturally flow in; on the other hand, pancake handling fees will continue to repurchase CAKE. I seem to have seen friends say that the cake token is in deflation due to continuous repurchase and destruction. This needs to be confirmed again.
It took two or three days to mine 2.2 CAKE, which is worth about 4.8U. I feel that the value displayed on this webpage is inaccurate and the income is not as high as expected.
So I am ready to wait for BNB or CAKE to have a wave of pull-ups, sell first, and then look for other opportunities.
I will continue to share later.#BNB#Binance#PANKCAKE$CAKE