Cake Monster  DeFi - dapp.expert
Cake Monster
Category: DeFi Blockchain: BNB Chain Language: English, Chinese Platform: Web

Cake Monster - protocol for working with tokens

Cake Monster — a unique DeFi protocol that works with deflationary biennial cycles on the BNB chain. The value of the domestic token (MONSTA) is backed by its uncorrelated asset storage reserves (e.g. BNB, CAKE). They are mainly used to reward holders at the end of each cycle. While the total supply of tokens is constantly decreasing with each transaction and gamified features, the uncorrelated declared cost of support is constantly increasing.

Cake Monster - work with tokens on the BNB Chain

The Cake Monster protocol is designed to run in infinite loops. During which it burns its initial supply of 10 billion tokens until it reaches the programmed minimum of 1 million (99.99% deflation). At the same time, it creates a protocol support reserve (Gravity Vault). It contains CAKE, which acts as a price anchor for MONSTA and makes itself available as a sophisticated reward system for holders.

MONSTA — a hyper-deflationary dividend-yielding token with unique reserve mechanisms and a hybrid monetary policy.

It aims to combine sustainability, dividend yield and reward generation with cute memes, NFTs and gamification.CakeMonster

The developers have paid extra attention to organic growth and the ability to update smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and helps to achieve the set goals.

The program will initially offer two types of bets. This means there are two staking pools (bMONSTA and sMONSTA) with two different settings. They are designed to allow highly committed holders who want to increase APY, as well as new holders who want to test the feature first with less commitment and lower cancellation fees, to participate.

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Cake Monster - protocol for working with tokens Statistics

Users
24 hr: 0
Total: 0
(1 days)
ATH: 2.680
(Jun 19, 2021)
Volume
24 hr: 0
0%
Total: 0
(1 days)
ATH: 0
(Jun 18, 2021)
Transactions
24 hr: 0
Total: 0
(1 days)
ATH: 5.195
(Jun 19, 2021)
0

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