SharkCake is the first mover of double-reflection tokens. SCAKE acts as an earning platform by rewarding CAKE tokens to holders at a rate of 8.5%, which are then eligible to benefit from the CAKE standard reflections of 5%.
SharkCake fills a gap in the DeFi space where standard reflection mechanics give rewards in their own token to holders by instead offering a reward that is desirable. By building a system that can self sustain, Safe Earn exists to be a unique opportunity and a stand out in the world of ""frictionless yield"" tokens.
SharkCake itself applies functions from a mix of popular tokens in the DeFi space, including buy backs and burns baked into the contract. It's a hyper deflationary asset and intends to continuously offer opportunity to raise its value and appeal to new investors.
CAKE’s Reflection works alongside SharkCake’s Reflection, generating between 5x-10x profits compared to only holding CAKE*
The contract is being audited by Techrate (Complete)