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TechTalk / Treasury & Capital Markets
Cake DeFi teams up with Razer Silver
Partnership will allow gamers to gain access to crypto assets
The Asset 25 Jul 2022

Cake DeFi, a Singapore-based crypto finance platform, has partnered with Razer Silver to enable gamers to gain access to crypto assets.

The partnership will allow customers of Razer Silver, a provider of loyalty rewards for gamers, to exchange their loyalty points for Cake DeFi vouchers, giving them access to popular cryptocurrencies such as bitcoin, ethereum and DeFiChain.

“There is a strong correlation between gamers and crypto enthusiasts, so in addition to providing high returns on Cake DeFi for Razer Silver gamers, we will also focus on providing crypto education and literacy, especially for newcomers to the industry,” says Julian Hosp, co-founder and chief executive officer of Cake DeFi.

To celebrate the launch of the collaboration, Cake DeFi is offering Razer gamers exclusive access to its yield-generating services. Existing Razer gamers that have not registered with Cake DeFi can apply a special promotion code “RAZER”, giving them an exclusive welcome bonus when they make their first investment.

The welcome bonus will be in the form of DFI (DeFiChain’s native digital currency) as well as additional Razer Silver, which will be credited back to the users’ Razer Silver accounts. 

In addition, Razer Silver gamers who convert their points into Cake DeFi vouchers from now until August 20, will receive an additional 10% discount.

All vouchers redeemed on Cake DeFi will be instantly auto-converted at the market value rate, into cryptocurrency – DFI. The DFI will be allocated into Cake DeFi’s staking product, earning users staking rewards every 12 hours. Users may also choose to withdraw the DFI as there is no lock-up period.

Cake DeFi provides access to decentralized financial services and applications by enabling users to generate returns from their crypto and digital assets. Registered in Singapore, the fintech firm says it is fully compliant with all the regulatory requirements of the Monetary Authority of Singapore.

 

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