BabyCake proudly stands as the world’s first CAKE reflection token. Users receive CAKE in their crypto wallets just for holding the $BABYCAKE native token.
Best of all – there’s no stress about manually claiming CAKE. Tokens are automatically sent to wallets thanks to BabyCake’s Protocol. BabyCake’s unique classic redistribution scheme is based on contract percentage, current token balance, and the number of holders.
Our Mission: To Revolutionize DeFi
BabyCake features a static reward system representing the next evolution of Binance Smart Chain (BSC) yield-generating contracts. 15% of each transaction splits as follows – 7% CAKE goes right back to holders. 5% is allocated for marketing efforts. The final 3% becomes liquidity for PancakeSwap.
Whales are warned, BabyCake has added an extra 1% fee to all sales to reduce swing trading and monopolization.
Under The Hood
The BabyCake team has taken several steps to ensure optimal security. There’s a 12-month lock on initial liquidity, so holders can rest assured they can trade. DXLock, a cross-chain decentralized token and liquidity provider locker for Ethereum and BSC, is here to help as a middleman.
BabyCake’s contract is also audited and certified by CertiK, a leading blockchain security firm. Founded by Yale and Columbia University professors in 2018, CertiK has worked with hundreds of clients. A CertiK certification is considered the gold standard of contract security.
Still not convinced? Well, BabyCake has also invested in a contract audit from TechRate, a blockchain security consulting firm. They’ve audited 100’s of smart contracts since 2017, saving more than $300 million in investor funds. TechRate worked with BabyCake to ensure the contract had no vulnerabilities to severe issues or hacks.
Anndy Lian was added to the Baby Cake advisory team in August to provide further advice and expertise. He leads the Mongolian Productivity Organization and is the author of the best selling book Blockchain Revolution 2030.
Tasty Morsels For Baby Cake Holders
BabyCake has got a lot coming down the pipeline for its community.
First, BabyCakeSwap makes its grand debut in September.
Down the line, BabyCake is looking to open up a BabyCake merch shop and an NFT platform. Not to mention, 5% of every transaction is allocated towards its marketing budget, which means BabyCake has plenty of firepowers to push its ambitious projects forward.
BabyCake has also announced its ‘Diamond Hands Sunday‘ and ‘Buy Back Monday’ initiatives. On Buyback Sundays, Rewards increase to 12% – that’s a 5% increase! (24 hours UTC). On Buyback Mondays, BabyCake tokens are purchased with the Rewards earned by the 1 billion tokens released from the Team Wallet. Consider it like a Whale wallet that will never sell and reinvests all its Rewards every week!
We are All About Our Community
Ready to learn more about the first CAKE reflection token?
It’s all about the community at BabyCake.
Follow BabyCake on Twitter to keep up with the latest news.
Chat with our team members on Telegram.
Discuss everything BabyCake inside our Reddit community.
Check in on the BabyCake website to see what’s new.
Get all the details on vision, strategy, and our Roadmap in our whitepaper.
Here’s to earning $CAKE and keeping things light and fluffy!
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.