🇧🇦🇧🇾 🇨🇦🇰🇪 🇲🇴🇳🇸🇹🇪🇷 We want to get everyone in on the action of the Level 5 NFT as well as their cake benefits! Thus we have created Baby Cake Monster
Earn Cake Monster in Automatic Rewards plus more!
One of the hottest growing cryptocurrencies right now is the Cake Monster Protocol! If you haven’t heard about Cake Monster I suggest you head over there and check it out! In a nutshell they have staked over $650,000 into autocake and will be sending it out to holders based on % owned and to those holding their level 5 NFT (Only 200 exist).
Tokenomics explained!
5% Cake Monster Rewards - Our token will reward all holders with an automatic reward in Cake Monster! That means 5% of the 15% tax will go to all of you directly holding Baby Cake Monster! The higher the volume on Baby Cake Monster, The more rewards you get!
6% BuyBack function! - 6% of the tax (converted to BNB) will first be used to purchase Cake Monster for our level 5 NFT (There are none left to mint but we got one on a loan from an investor in return for tokens so he/she will continue to earn more cake monster)
Once we have enough to activate the rewards associated with the level 5 NFT we will begin to earn rewards ontop of those that we get just by holding cake monster. (Level 5 NFT holders earn additional cake rewards compared to regular holders of Cake Monster.) Since there are only 200 Level 5 NFTs this means this will be a larger cake reward! By holding the NFT we will use the rewards sent to us to sell the cake and buy back Baby Cake Monster! Thus a sophisticated buy back feature that will not rely on continuous volume!
Once we have accumulated enough Cake Monster for our Level 5 NFT to work, we will have a community vote to either leave the 6% tax as a direct buyback, or decrease tax to 1% with increased Cake Monster reflections!
Auto LP - 2% of transactions well be used and added to LP. This will continue to make the price more stable with large purchases and sales!
Marketing - 2% of transactions will be used for marketing! Initially we will be listed as a promoted coin on Coinvote as well as have banner ads up! We will continue to post in large TG’s and get callouts from known effective influencers across multiple social media groups!
Once rewards are verified that they are working appropriately we will lock the LP with DxLock for at least 6 months if not longer!
Tokenomics:
5% Cake Monster Rewards
6% BuyBack - *See Pinned Messages for details regarding buyback*
Disclaimer - We are not directly affiliated with Cake Monster in any regards (Unless otherwise noted). Our only affiliation is a reward reflection in Cake Monster Tokens. We have spoken with Cake Monster Devs and they are aware of our project.
