> For the complete documentation index, see [llms.txt](https://polycake.gitbook.io/polycake-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polycake.gitbook.io/polycake-finance/tokenomics-1/polycake.md).

# The $PCAKE Token

### G**eneral Details**

**Ticker:** $PCAKE

**Contract Address:** [0xd9a2C5C0Fb2F138C2B96582d29A648DF70F80465](https://explorer-mainnet.maticvigil.com/address/0xd9a2C5C0Fb2F138C2B96582d29A648DF70F80465/transactions?__cf_chl_jschl_tk__=9abfd2a2307857d6b50b655ba9bffede31b2331f-1620101509-0-Ad5n25KMqUES48OkIk4atbP8vnm69DdR2nxb1D3NEtJP1WWQOihyOojvJkb4xvlCe4hFA7oP_pkdL6--KWRLX_zDPF04MXKeBx4XAkljywGN7StAh-zXPhQmQW8NqDMJc-_IaJeymQKBHPQVemWfhuyRNROfy-m0AB1YffrtA3d5TOndzaqPCeTwQaqPszk5CMRfL5JLKYiraZMp20ZEg1TEMWgVeGxAvgOp8FLWNDGOyPTR6lN69Fb7SVy4ojnxbKIX5ac0zzOykSWbsav3qIMuJTpyMqnqpmddL2V-wjGbHStezix9eGuu5bCM6yneg-Tbwb8qKXPHqSVOs2ecf5fGFPFo2v7wcq3fkvKiKCys5KFdi36zeVY_aAtad71z2sLd1UnyD8nJ9fAgEQZuKk3QUm0f9mq41YjBNKIBXRNdWb15ygZbuAf7u2FJMa90zBhWFUx-_lSNCem1Qpgw-n20nOSC0WAmtV0XPBlHtul7)

**Chain:** MATIC

There's currently no hard cap on the supply of PCAKE token, making it an inflationary token.

Community members often point to this as a cause for concern, and while the founder certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:

**PCAKE Properties**

**PCAKE Emission**

| **Emission/block (PCAKE)** | **Emission/day (PCAKE)** |
| -------------------------- | ------------------------ |
| **1**                      | 43000                    |

**Utility:**

* Staking
* Platform Fees (Buyback and burn)
* Governance (to be implemented at a later phase)

**Deflationary Mechanics**

At present**;**

* 0.3% fee is charged in every PCAKE transaction. Fee token will be automatically send to burn address
* 10% of PCAKE spent on lottery tickets is burned
* 75% Fee raised on Staking pool will be used to buy back PCAKE & burn it. 


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