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Cake Monster news
About Cake Monster
A Hyper-Deflationary and Dividend-Yielding asset on BNB Chain that introduces a new form of monetary policy.
Cake Monster is a unique and elastic DeFi protocol that works in deflationary two year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle.
While the total token supply is constantly decreasing with every transaction and gamified features, the non-correlated claimable backing value is constantly increasing, creating an interesting dance between future and current demand mechanisms via Staking.
At its core, MONSTA is a Hyper-Deflationary, Dividend-Yielding token with unique reserve mechanisms and a hybrid monetary policy. It aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification.
We have put an additional focus on organic growth and upgradability of smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and will help us achieve our goals.
The live Cake Monster price today is $0.000102 USD with a 24-hour trading volume of $5,020.91 USD. We update our MONSTA to USD price in real-time. Cake Monster is up 0.85% in the last 24 hours. The current CoinMarketCap ranking is #4610, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000,000 MONSTA coins.
If you would like to know where to buy Cake Monster at the current rate, the top cryptocurrency exchanges for trading in Cake Monster stock are currently PancakeSwap v2 (BSC), and ApeSwap (BSC). You can find others listed on our crypto exchanges page.