NEW CAFFEINE BUYBACK VAULTS ARE NOW AVAILABLE WITH EXCITING NEW FEATURES FOR CAFESWAP BREWERS

  1. Vaults impose heavy selling pressure on the token and consequently decrease the price floor of the token.
  2. If the price floor drops, it will cause a resultant reduction in APY and TVL.
  1. First, users will deposit CAKE in CafeSwap BuyBack vaults
  2. The CAKE will then be deposited into the source farm that is PancakeSwap.
  3. The token obtained from the deposited CAKE will be auto-converted into BREW tokens.
  4. The BREW will be bought back from the market by selling the CAKE tokens, hence increasing the price floor of BREW.
  5. The Buyback BREW will then be sent to CafeSwap single staking pool, which will generate more BREW and result in higher APY.
  • At the same time, we’ll be burning a portion of the payouts from the Cafeswap single staking without affecting the APY percentage.

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Samson Dogo

Samson Dogo

Blockchain and cryptocurrency enthusiast/ambassador