## What is Cakebaker?

CAKEBAKER - A Meme Rewards Coin paying holders with Cake Reflections. There is No Minimum to Earn Rewards.

Created to stand out with its own meme identity  — CakeBaker was launched on December 13, 2021 — CakeBaker has already experienced organic growth and support from the community thanks to a concentrated marketing effort by their team of mods and influencers outreach. It has over reached 3000 followers on Telegram and over 1300 followers on Twitter to date. CakeBaker has already reached a market capitalization of over $350,000 thousand as of December 2021. At time of launch the earnings tracking dashboard is already functional.  Staking and a NFT platform has been mentioned in their roadmap.

### Who Are the Founders of Cakebaker?

Roger Choudhury is one of the founders of Cakebaker who also runs a Youtube channel called Business Financial Network (BFN) where they educate their audience about various emerging markets with their new issuers along with established companies and their continuing developments in sales, structure, management etc. The other founder is listed as LT. Not much information can be found about him. Most of the team members remain anonymous. Having anonymous teams is not unusual in the crypto space.



#### What Makes Cakebaker Unique?

Cakebaker aims to be a stand out in the Meme coin world, not only paying out Cake rewards as utility to their holders, they also have many use cases on their road map.

Utilizing the innovative Reflection Token technology your Passive Rewards will be added to your wallet multiple times throughout the day without the need to claim. Your daily rewards can be viewed with our handy dashboard.

A couple of reward games will be available on their website soon after launch where holders can earn more CAKEBAKER. Staking and NFT marketplace has been mentioned on their roadmap. 

Their goal is to evolve the auto-claim CAKE reward mechanism combined with other use cases.

CAKEBAKER to put it briefly is an evolution of a yield-generating contract on the Binance Smart Chain (BSC): you get rewarded in CAKE automatically. The token contract employs a static rewards system—12% of every BUY transaction is split into:
- 5% Rewards in CAKE
- 4% to Marketing
- 3% to Liquidity
- 2% additional sell tax

#### Related Pages:

Learn more about Shiba Inu [here](https://coinmarketcap.com/currencies/shiba-inu/). A meme coin that has grown substantially in popularity.

Learn more about Baby Cake [here](https://coinmarketcap.com/currencies/baby-cake/) A meme coin that has inspired many other Cake reflection tokens.

New to cryptocurrency? Find all the information you need with [Alexandria](https://coinmarketcap.com/alexandria/categories/blog), CoinMarketCap’s dedicated education resource.


#### How Many CakeBaker (CAKEBAKER) Coins Are There in Circulation?

At the time of this article there is approximately 37 million CAKEBAKER in circulation.
The total max supply of CAKEBAKER is 10 billion. 5% are allocated to the team and locked with Pinksale for a minimum of 3 months before first release. Only 15% of total supply was sold in their whitelist only presale. All unused tokens will remain locked for a set period of time to be released throughout 2022. CAKEBAKER hired Pinksale as a partner to ensure all raised liquidity is secured in a locker for the full time frame. Holders can rest assured they'll always be able to exchange their CAKEBAKER.

### How Is the Cakebaker Network Secured?

Cakebaker has hired InterFi Network team to perform a line-by-line manual analysis and automated review of the smart contract. The smart contract was analyzed mainly for common smart contract vulnerabilities, exploits, and manipulation hacks. 

CakeBaker’s smart contract source code has LOW RISK SEVERITY. 
CakeBaker has PASSED the smart contract audit.

Read the InterFi audit [here](https://app.cakebaker.io/InterFi2.pdf)


### Where Can You Buy Cakebaker (CAKEBAKER)?


CAKEBAKER is available on Pancakeswap [here](https://pancakeswap.finance/swap?outputCurrency=0x3fd8DCF7ce608DdD11C56E920C70EdAfFDd915e9). If you want to learn more about how you can start buying cryptocurrencies, you can read more here in our guide.

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