The $PCAKE Token
All you need to know about our native token - $PCAKE
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All you need to know about our native token - $PCAKE
Last updated
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Ticker: $PCAKE
Contract Address:
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.