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CakeDao Launchpool is a less resource-intensive alternative to mining. It lets you use your tokens to earn more tokens for free. Simply put, you lock your cryptocurrency to receive rewards. From the beginning, a user could stake only CDAO tokens in exchange for more CDAO. Now, there are more opportunities, CakeDaopers can stake CDAO in exchange for other tokens, too.
Let’s say you have CDAO tokens and are looking for ways to invest your cryptocurrency. As an option, you can go to our Launchpools and stake your CDAO tokens in exchange for more CDAO.