Is Cake DeFi a Scam?

They say if it sounds too good to be true…

Adam Prescott
This Crypto Life
Published in
5 min readMay 15, 2021

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May 18, 2021 update: Thank you to co-founder U-Zyn Chua and another Cake DeFi employee for their responses.

Photo by Glenn Carstens-Peters on Unsplash

Before we get too into this, you should know where I’m coming from. I’m relatively new to the crypto space, just getting into it toward the end of last year. Since that time, I’ve been aggressively saving, investing, and…

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