Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple of simple clicks of a button.

Cake was founded in early 2019 by Dr. Julian Hosp and U-Zyn Chua as a way to bring the benefits of passive income into the mainstream through a simple user interface. Dr. Hosp is CEO and Co-Founder and a serial entrepreneur, international blockchain expert, medical doctor, and ex-professional athlete. U-Zyn Chua is CTO and Co-Founder and has served as one of the early contributors to Bitcoin, Ethereum, and Dash, and a current blockchain adviser to the Singapore Ministry of Defense. The company is distributed across Europe and Asia and has Mandarin and German localization options.

The company’s Lapis Service makes it easy for users to generate high returns on assets that are not currently proof of stake such…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/cake-defi-a-one-stop-shop-for-generating-yield/