How it works?

Strategy

Users that want to earn $FRIES with their $CAKE. Deposited amount of $CAKE always stays the same. Upon withdrawal from Reaper Vault user will receive original amount of $CAKE+profits in $FRIES.

Mechanics

The first Reaper Vault ☠ will start with users depositing $CAKE, and stakes the cake directly on PancakeSwap. Every time a harvest happens, the $CAKE is auto-compounded with the following fee structure:

* 5% of cake is sold for $FRIES and sent directly to $KHP Holders * 5% of cake is sold for $FRIES as a performance fee * 2% of cake is sold for $BNB and sent to function caller as gas fee

This means 88% of the cake is auto-compounded.

Note, there will is no withdrawal fee on this Vault. Please have in mind gas fees on the Binance Smart Chain.

fryCake

FryCake is the place holder token user receives representing $CAKE in Reaper Vault.