About CAKESWAP
CakeSwap(CAKESWAP) a native utility token of CakeSwap Exchange (DEX), it's used for a variety of purposes within the growing landscape. Its main functions are yield farming and staking. CakeSwap is a type of decentrilized exchange (DEX) known as an automated market maker (AMM). Currently, CakeSwap is focusing on working through three phases. The first phase has successfully come through with the launch of the CakeSwap token, while phase two featuring the “Decentralized Exchange” and "NFT Marketplace" is still in the works. Post the exchange launch, the company will add a “debit card” linked to the token wallet address in phase 3; with the debit card “holders”, i.e., people who own tokens will pay with the debit card at the “value” of USD of the tokens they hold. According to the system, 2% of every buy/sell is procured and reallocated to all CakeSwap holders. Then 8% of every transaction is converted into liquidity. This step is programmed and helps generate a price constancy. Next, 3% of every buy/sell will go to the marketing wallet to guarantee the company can keep sponsoring their marketing expenditures.
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Frequently Asked Questions
What is the all-time high price of CakeSwap (CAKESWAP)?
Read MoreThe all-time high of CAKESWAP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of CakeSwap (CAKESWAP) is 0. The current price of CAKESWAP is down 0% from its all-time high.
How much CakeSwap (CAKESWAP) is there in circulation?
Read MoreAs of
, there is currently 0 CAKESWAP in circulation. CAKESWAP has a maximum supply of 1.00Bn. What is the market cap of CakeSwap (CAKESWAP)?
Read MoreThe current market cap of CAKESWAP is 0. It is calculated by multiplying the current supply of CAKESWAP by its real-time market price of 0.000836937068.
What is the all-time low price of CakeSwap (CAKESWAP)?
Read MoreThe all-time low of CAKESWAP was 0
, from which the coin is now up 0%. The all-time low price of CakeSwap (CAKESWAP) is 0. The current price of CAKESWAP is up 0% from its all-time low. Is CakeSwap (CAKESWAP) a good investment?
Read MoreCakeSwap (CAKESWAP) has a market capitalization of $0 and is ranked #7639 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze CakeSwap (CAKESWAP) price trends and patterns to find the best time to purchase CAKESWAP.