Let's talk about CAKE: From "Unwanted" to "Can It Work"?
A few years ago, CAKE was honestly in a terrible state. Back then, it faced three major challenges: First, the BSC blockchain wasn't popular at the time, and as a leading application, CAKE's pool was dry, and all the fish had died; second, it lacked the ability to generate alpha, couldn't make money, and people didn't want to use it; third, neighboring UNI offered fee-free trading, so who would bother with CAKE? These three issues directly kept CAKE on the ground, suffering immensely.
But now, looking back, those three problems have actu
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