Description
????MOONCAKE????
$MOONCAKE ? is the first ever deflationary reflect token to perpetually generate yields on the blockchain. ? is a leveraged play on $CAKE ? through the use of the OVEN ? and BAKERY???? on top of the frictionless yield tokenomics.
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????THE OVEN????
??[Click Here for Full Details](https://mooncake-1.gitbook.io/timeline/tokenomics)??
Simply put:
? tax buys CAKE (?)
? gets staked on PCS
? rewards buy back ?
? gets burned??
Supply goes ?? balance goes ??
This is an entirely NEW concept to the blockchain!!! Please read the full [Gitbook](https://mooncake-1.gitbook.io/timeline/tokenomics) that highlights the tech
??? TOKENOMICS ???
Total Supply: 111,111,111 tokens
Allocation:
- 50% Blackhole
- 37.5% PCS Listing
- 5.0% $MOONTIX (Presale)
- 2.5% Bug Bounties / Marketing
- 5.0% Treasury
3.3% tax:
- 2.0% Reflect
- 1.0% Oven
- 0.3% Founder Reflect (distributed among 500) Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Mooncake has established itself as a formidable player. It is currently ranked #4,319 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Mooncake as a viable digital asset.
Buy & Sell Taxes
When trading Mooncake, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for Mooncake is 0.03%, while the sell tax is 0.00%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of Mooncake consist of a total supply of 111,111,111 tokens, out of which 111,096,190 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your Mooncake tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Mooncake, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in Mooncake with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.