What is CheesecakeSwap Token (CCAKE)

About CheesecakeSwap Token

CheesecakeSwap is a decentralized exchange running on Binance Smart Chain and Pancake swap exchange, with lots of other features that let you earn and win tokens.

What we are trying to do is create a perpetual deflation token, the CheesecakeSwap Token, that allows a constant price pump with a sufficient burn mechanism. We are not trying to replace the swap & exchange but to add value into the system and create a suitable and sustainable environment for people to yield farm with high APR.

Features

Earn

We hope to create a CCAKE for everyone to farm from it! Earn CCAKE, and other coins (to be determined) while staking.

Security

Timelock added
Removed migrator code (inherited from Pancake swap)

CheesecakeSwap Token (CCAKE)

CCAKE TOKEN

Contract Address: 0xc7091aa18598b87588e37501b6ce865263cd67ce

Name: CheesecakeSwap Token

Ticker: CCAKE

Decimals: 18

Max supply: Unlimited

CCAKE FARM

Emission rate: 1 CCAKE/block or 28800 CCAKE/day

Block reward: Currently block reward is 1 CCAKE.

At 750000 supply, it will be set to 0.75

At 1000000 supply, it will be set to 0.5

Income & Distribution

Deposit Fees

Standard deposit fee is 4% across all NON-CCAKE farms and pools. For CCAKE farms and pools, there is no deposit fee (0%). 50% of the deposit fee will be distributed among developers, the other 50% will be used for mainly marketing, buyback and other expenses such as Airdrop, Contests, Maintenance etc.

CCAKE Production & Burn from Farming

There will be CCAKE burns every day.
Burn amount: 2000 * (blockReward) CCAKE
Nearly 9.09% of total produced CCAKE will be sent to the deployer address for marketing & burning. 90.91%, approximately will be distributed among farms & pools for our community.
THERE WILL BE NO CCAKE EXCHANGE OR SELLING FROM DEVELOPER’S ACCOUNT TO BNB&BUSD POOLS!
Many other platforms which sell/exchange/dump their coins into their BNB and BUSD pools, hence, decreasing their coin value by gaining income from these exchanges. Our crew has never, and will never follow this income strategy in order to increase CCAKE value.

It’s important for us to mention that our inflation control mechanism is not just based on buybacks. The main reasons for this decision are:

Allocating this budget for marketing instead of buyback will help us grow & expand, hence, increasing coin value much more compared to buybacks.
Income from deposit fees is negligible compared to the size of the CCAKE/BNB and CCAKE/BUSD pools. As a result of this, value increase of CCAKE after the buybacks will also be negligible.
Possible dumps after buybacks due to CCAKE value increase (which, like said, will also be negligible, but still constitutes as a reason)

Here in this section, our roadmap is going to be categorized based on 4 priority levels;

Urgent (The Tasks in Progress)
High
Normal
Low

Contracts

Timelock: 0x56ba6003ac5e4e53ceb146c028cfee577ace8563
MasterChef: 0x398d648c58ccf6337dded3dac7cbd7970ae474b8
CCAKE: 0xc7091aa18598b87588e37501b6ce865263cd67ce

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How and Where to Buy CheesecakeSwap Token (CCAKE)?

CCAKE has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy CCAKE

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since CCAKE is an altcoin we need to transfer our coins to an exchange that CCAKE can be traded. Below is a list of exchanges that offers to trade CCAKE in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase CCAKE from the exchange.

*Exchange: CheesecakeSwap and PancakeSwap *

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once CCAKE gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com

Find more information CCAKE

☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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