# How does it work?

FrogsFi is a platform that allows participants to deposit stablecoins (BUSD, USDT, USDC) which are then collected for a week before being sent to a farming pool on PancakeSwap.&#x20;

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During the week, profits are accumulated in $CAKE, which are then used as prizes for a random draw between participants.&#x20;
{% endhint %}

If a participant wins the draw, they receive their initial deposit back in the same stablecoin along with a prize, or they can choose to automatically participate in the next draw. If they lose, they can simply take back their initial deposit in the same stablecoin, or choose to participate in the next draw.


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