Cake DeFi Launches New Product To Boost Crypto Holders’ Returns

The potential of decentralized finance (DeFi) extends beyond just smart contracts to facilitate payments. With the emergence of lending and borrowing protocols and decentralized exchanges, DeFi has enabled investors to make the most of their portfolios in ingenious ways.

Building on the same idea, Cake DeFi has introduced something similar for its users.

Cake DeFi takes the next step

In an announcement today, the Singapore-based Fintech platform Cake DeFi launched a new product, ‘Borrow’, which will provide its users with the opportunity to boost their returns significantly.