Posts

avatar of @finguru
25
@finguru
·
·
0 views
·
1 min read

how CAKEPOP actually works...

I hope they release some more details before the launch on how it works.

Babycake, Kittycake and now Cakepop. All of them are Reflection tokens and pretty much do the same thing on the basic level. They have different tokenomics, fee structures, rewards & other DeFi opportunities associated with each one of them. They tax the transactions and use that tax to buy CAKE and distribute that Cake among hodlers.

The only major difference between them and Safemoon is that Safemoon pays dividends in their own coin.

Posted Using LeoFinance Beta