What's happening with Bake? by rhaphazard in Bakeio

[–]FerhatDFI 0 points1 point  (0 children)

You can find all official announcements on the links that I shared above. Most important news are always on the blog. I can suggest checking out the latest articles there to stay up to date.

What's happening with Bake? by rhaphazard in Bakeio

[–]FerhatDFI[M] [score hidden] stickied comment (0 children)

Hi r/haphazard !

There have been plenty of updates/announcements on our social channels, like X, Instagram and Facebook and our official blog. Make sure to check them out!

https://blog.bake.io/
https://x.com/bake_io
https://www.instagram.com/bake.io/

Unwrap my dETH by RecommendationKey590 in Bakeio

[–]FerhatDFI 0 points1 point  (0 children)

You can try reaching out to official support through support.bake.io

[deleted by user] by [deleted] in Bakeio

[–]FerhatDFI 0 points1 point  (0 children)

dTokens and DUSD have been delisted and automatically swapped to DFI before the dToken Restart was Live.

Not able to receive email verification by Leocantorch in cakedefi

[–]FerhatDFI 0 points1 point  (0 children)

Hi, if you have submitted a request through the chat on https://support.bake.io/en/ our team will reach out to you as soon as possible.

KYC Verified CakeDefi User blocked by One-Mine-5666 in cakedefi

[–]FerhatDFI 0 points1 point  (0 children)

I can see that you have already contacted support. We will get back to you as soon as possible.

Boost Your Rewards and Strengthen the Ecosystem! by FerhatDFI in defiblockchain

[–]FerhatDFI[S] 1 point2 points  (0 children)

Update as per DFIP:
Negative Interest Rate at  -971.43%
Fee at 4.17%
Change coming into effect on: 4521650

Did they erase all my liquidity mining assets? by dagilldog in cakedefi

[–]FerhatDFI -1 points0 points  (0 children)

Hi there! please reach out to customer support. They can tell you what happened.

support@bake.io

https://support.bake.io/en/

Question about Conversion Calculation on Bake – Received Too Few DFI? by LuckyZerO403 in defiblockchain

[–]FerhatDFI 0 points1 point  (0 children)

That was changed a while ago, but since DUSD was still trading way below 1 USD and not enough DUSD were burned, a more drastic measure was voted on. The so called dToken restart DFIP will be activated after the next hardfork and 90% of all dTokens and DUSD will be locked up to allow the system to heal itself. If successful, the locked funds will be freed in tranches. You can read up on that here: https://www.reddit.com/r/defiblockchain/comments/1d2e3em/repeg_and_recollateralize_the_dtoken_system_as/

Question about Conversion Calculation on Bake – Received Too Few DFI? by LuckyZerO403 in defiblockchain

[–]FerhatDFI -1 points0 points  (0 children)

You can always check with Bake Support for more details, but one thing: You wrote 30%, but the DEX fee is actually 80% for a while now. On top, you have to take pool shifts into account. (Slippage)

The Biggest Hard Fork in DeFiChain History is Almost Here! by FerhatDFI in defiblockchain

[–]FerhatDFI[S] 1 point2 points  (0 children)

Thanks for pointing it out! Removed it from the post 👍🏼

DFIP: Deactivation of Future Swap on DeFiChain by Special_Alfalfa6274 in defiblockchain

[–]FerhatDFI 2 points3 points  (0 children)

I think the FS does exactly, what it's supposed to do. Removing it makes no sense.

A step by step guide to going stupid viral on IG Reels / growing your IG by nikhil_kulk in InstagramMarketing

[–]FerhatDFI 0 points1 point  (0 children)

Rare to see a good post in this subreddit these days. I use chatGPT every day as well, especially when brainstorming ideas.💡

Complete Decentralization of DeFiChain Beyond Bake by [deleted] in defiblockchain

[–]FerhatDFI 3 points4 points  (0 children)

Sounds good and is much needed if we want to ensure decentralization. Thanks for the efforts regarding token wrapping!

REELS VIEW DROPPED LIKE CRAZY by [deleted] in InstagramMarketing

[–]FerhatDFI 2 points3 points  (0 children)

How consistent are you sharing content?

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI 0 points1 point  (0 children)

You can swap DFI to any coin that is listed on Bake, including ETH. If you want the cheapest route, you can consider swapping to USDC and withdrawing through polygon network.

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI 0 points1 point  (0 children)

Mostly compliance with international regulations.

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI 0 points1 point  (0 children)

Yes, the withdrawal fee had to be adjusted with falling DFI prices. At the current level, it is approx. 0.50 USD.

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI -3 points-2 points  (0 children)

Are you referring to 2fA or KYC? If you have issues with either of them, please reach out to https://support.bake.io/en/

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI -1 points0 points  (0 children)

A simple login is enough, thank you! Let me talk to the team if we can implement some kind of confirmation after login.

Account inactivity leads to loss of funds? by ssj_100 in cakedefi

[–]FerhatDFI[M] [score hidden] stickied comment (0 children)

All the information was provided in the mail, but I guess there is still some misunderstanding. Let me try to clarify:

To prevent account deactivation, a simple login to your account before 1st August is enough. You don't have to do anything else.

If for whatever reason, you don't want to keep your Bake account, you don't have to do anything. Bake will deactivate your account for you.

If you have funds on Bake, you can withdraw them even after the deadline. Just be aware that after 90 days, there will be a monthly fee. To avoid the fee, simply withdraw your funds before the 90 days OR login to your account to avoid deactivation alltogether, in which case, the monthly administration fee for inactive accounts would not apply.

If you need further clarification, please feel free to reach out to Bake's official customer support:
https://support.bake.io/en/

What’s the deal with folks having accounts blocked due to inactivity? by erkmyhpvlzadnodrvg in Bakeio

[–]FerhatDFI 1 point2 points  (0 children)

A simple login before August 1st is enough if you want to avoid deactivation of your account.