Description
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)
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, SHARKCAKE has established itself as a formidable player. It is currently ranked #6,550 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in SHARKCAKE as a viable digital asset.
Buy & Sell Taxes
When trading SHARKCAKE, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for SHARKCAKE is 0.16%, while the sell tax is 0.16%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of SHARKCAKE consist of a total supply of 1,000,000,000,000 tokens, out of which 999,999,991,443 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 SHARKCAKE 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 SHARKCAKE, you can use various popular exchanges such as DexScreener, ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in SHARKCAKE 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.
