All Cake, No-Bake: BabyCake’s Rise in the World of Digital Currencies

All Cake, No-Bake: BabyCake’s Rise in the World of Digital Currencies

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

Just head on over to PancakeSwap to buy $BABYCAKE (users need at least 200,000 tokens to receive distributed CAKE) and check out the BabyCake dashboard to see your daily rewards.

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.

The company is a Platinum Sponsor of the Dubai Crypto Expo. Monk will be speaking there as well as at the Global DeFi Investment Summit a few days earlier.

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!

Source: https://btcmanager.com/all-cake-no-bake-babycake-digital-currencies/

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 “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”.

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Anndy Lian Shared his views on the role of Central Bank Digital Currencies and Cryptocurrencies at Singapore Cloud & Datacenter Digital Summit

Anndy Lian Shared his views on the role of Central Bank Digital Currencies and Cryptocurrencies at Singapore Cloud & Datacenter Digital Summit

Anndy Lian moderated a session on Fintech Market Analysis: The Impact of Interconnectivity in Singapore at the Singapore Cloud & Datacenter Digital Summit on 26 November 2020. In his speech, he shared his views future of the Fintech market and the role of Central Bank Digital Currencies and Cryptocurrencies (CBDC).

“I think at the right time, and when there is a demand for cryptocurrency payments is there, it will drive the market towards crypto adoption. CBDC is the start of another evolution.” Anndy Lian commented.

Joel Yarbrough added, “Personally, I think the most compelling use case is CBDC. The digitalisation of currency helping cross border trading 24/7 with transparent foreign exchange is incredibly powerful.”

Anndy shared further that he is still advising governments in the region on blockchain matters and the more innovative ones are looking at using core crypto coins, e.g. XRP, BNB, LTC or stable coins to act as a bridge asset to exchange digital fiat aligned to their CBDC initiatives. He also highlighted separately that blockchain and cryptocurrencies companies must take the first step to showcase how their coin and technology can help the formation of the future CBDCs.

This session came at the right time where the pandemic COVID19 accelerates Singapore’s digital push. The drive for digitisation is more substantial than before and behind the powerful force is Singapore’s Government taking the lead and setting aside more than S$500m to assist Singaporeans and local businesses manage the crisis through digital transformation. Today at another media interview, Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore mentioned that year to date, there are already $1.3 billion of Fintech investments made.

The panel lead by Anndy Lian (Hyundai DAC Technology) and with panellists Khuan Yew Lee (Fave), Joel Yarbrough (Rapyd) and Varun Mittal (EY) discussed topics like:

1. What’s driving the growth of contactless payments in the digital transformation of Singapore?

2. Fintech is an ever-evolving industry, with its mandate broadening with each iteration (1.0, 2.0 and now 3.0). At the same time, early fintech players like Paypal are at no risk of going out-of-date due to the evergreen necessity of payment platforms. Where do you see the most significant potential for fintech expansion in Singapore?

3. Many estimations are putting the adoption rate of digital payment platforms at an all-time high. Even for cloud-native companies, this presents capacity challenges. How do you deal with speeding up deployment to match this demand?

4. How do you see the embrace of blockchain influencing the fintech market (more than it already has)?

Singapore Cloud & Datacenter Digital Summit has brought the top 200 IT and data centre professionals to hear from industry leaders and new entrants on what to expect from a hub market, the downstream opportunities to the edge markets, and the innovation of technology in the space of Cloud Computing, connectivity, cybersecurity and data centres. Other speakers include: Daryl Pereira (KPMG Singapore), Palaniappan Muthuraman (Piller Power Singapore Pte. Ltd), Clement Goh (ST Telemedia Global Data Centres), Atul Babu (PCCW Solutions Limited), Anthony Hodge (Standard Chartered Bank)

BLOCKCAST reported this session. BLOCKCAST.CC a broadcasting news source for the blockchain community founded in Singapore.

About Anndy Lian:

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. He plays a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organisation committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. You can read more about Anndy’s work at www.anndy.com

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 “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”.

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