Prepare the Yeast Dough: In a small bowl, combine the warm water, yeast, and a pinch of sugar. Stir and let it sit for about 10 minutes until it becomes frothy.
Make the Cake Batter: In a large mixing bowl, whisk together the flour, sugar, eggs, melted butter, salt, and vanilla extract. Once the yeast mixture is ready, add it to the dry ingredients and mix using a stand mixer or hand mixer until you have a smooth dough. Knead the dough for about 5 minutes until it’s elastic and smooth.
Let the Dough Rise: Cover the dough with a clean kitchen towel and let it rise in a warm place for about 1 hour, or until it has doubled in size.
Bake the Cake: Preheat your oven to 350°F (175°C). Grease a bundt pan or round cake pan. Once the dough has risen, transfer it into the prepared pan. Bake for 25-30 minutes, or until the cake is golden brown and a toothpick inserted into the center comes out clean.
Prepare the Rum Syrup: While the cake is baking, combine water and sugar in a saucepan over medium heat. Stir until the sugar has dissolved. Once dissolved, add the rum, vanilla extract, and optional cinnamon stick and orange peel. Bring to a gentle simmer, then remove from heat and let it cool.
Soak the Cake: Once the cake is baked and cooled slightly, use a toothpick or skewer to poke holes in the top of the cake. Slowly pour the rum syrup over the cake, allowing it to soak in. Ensure the entire cake is well-soaked.
Serve and Enjoy: Once the cake has absorbed the syrup, it’s ready to serve. You can top it with whipped cream, custard, or fresh berries for an extra festive touch. Optionally, dust the cake with powdered sugar before serving.
