Minimax Finance Docs

Staking Options

The first version of our platform offered you the opportunity to stake CAKE tokens in the Pancakeswap pools ( on BNB chain.
Now we’ve released V2, which in addition to CAKE allows to stake BTC, ETH, BNB, DOGE, XRP, TRX, DOT, DOGE and many others via integration with Beefy, Venus, Alpaca, AAVE, Yearn across multiple blockchains.
"Why don't I just stake my crypto directly at Pancakeswap, Beefy or Venus?” you may ask. There are three major reasons:
  1. 1.
    Our platform will let you set stop loss and take profit parameters and automatically withdraw the deposits and convert them into BUSD if the price of the deposited tokens falls below the stop loss level or grows higher than take profit level specified by you.
  2. 2.
    Our dApp lets you create multiple positions per vault, which makes funds management much more efficient and flexible. For example, you may have 100 ETH. For 40 ETH you may set conservative stop loss level of 95%. For the other 40 ETH you may specify 90% stop loss. And for the remaining 20 ETH you may specify more risky 80% stop loss.