Cake Monster Will Set To Burn 100M $MONSTA Token
Cake Monster is a hyper-deflationary and elastic supply token that has unique reserve and reward mechanisms featuring an automated hybrid monetary policy. Its goal is to provide the highest possible standard of transparency and quality so that potential investors can gain the necessary confidence in our product and its underlying utility.
Key Features
- Hyper-deflationary and re-launchable
- Super inflationary community owned $CAKE Gravity Vault
- Frequent native ($MONSTA) rewards for holders
- Frequent $CAKE rewards for holders
- Auto-liquidity
- Upgradable contract with multi-signature wallet
- Security audit(s) by reputable auditor(s)
- Fun! Earn XP and level up to gain benefits
- Community driven
- Rewarding community events
Tokenomics
- Initial supply = 10,000,000,000 (10 Billion/100%)
- End supply = 1,000,000 (1 Million/0.01%)
- Gravity Vault asset: $CAKE
- Temporary Vault asset: $MONSTA
- Each transaction contributes 5% to protocol mechanics (2.5% burn, 2.5% added to vaults & locked LP)
- Token Type: BEP-20 (BSC)
- Category: DeFi
- Initial DEX: PancakeSwap
On 6th July 2021, at 19:00 UTC, Cake Monster is scheduled to burn a total of 100 million $MONSTA token to reduce its supply. Alongside with this information is the announcement, they will give 1 million $MONSTA token to their community.
ABOUT CAKE MONTERS
Cake Monster is a hyper-deflationary and elastic supply token that has unique reserve and reward mechanisms featuring an automated hybrid monetary policy.
RESOURCES
Twitter| Website| Medium
