BabyCake (BABYCAKE) is a cryptocurrency or digital currency inspired by what SafeMoon (MOON) did to reward investors who HOLD their tokens. BabyCake offers an automatic reward feature in the form of CAKE coins that will go directly into the digital wallet of BABYCAKE coin holders.
BabyCake itself is currently popular and has experienced a significant increase in the last few weeks. Besides the price still tends to be cheap with the offer of tempting prizes in the form of CAKE coins, it seems too bad if you miss this BABYCAKE coin.
What is Baby Cake?
Baby Cake is the next evolutionary stage of a profitable contract on the Binance Smart Chain (BSC). Users can get a reward in the form of CAKE coins every time they make a transaction with the condition that they must hold and have BABYCAKE coins. With the auto claim feature, users will receive CAKE coins automatically in their wallets every 60 minutes.
Baby Cake uses token contracts with a static reward of 15% from each transaction which is divided and distributed to several posts as follows:
- 7% of CAKE is redistributed to holders
- 3% is used to drive the growth of the liquidity pool exchange
- 5% of CAKE is allocated to the Buyback/Marketing wallet.
In addition, there is an additional 1% additional fee for swing trading traders. The additional 1% free is intended to reduce swing trading practices that make the token price unstable. For this reason, an additional fee of 1% will be charged on top of the initial 15% transaction fee and if totaled, every time a sales transaction occurs, a selling fee of 16% will be charged.
6 Features of Baby Cake
Some of the features offered by the BabyCake platform to its users in their ecosystem are as follows:
1. Redistribution of 7% Cake Coins
7% of the 16% fee charged from the purchase or sale transaction will be collected and redistributed to BABYCAKE coin holders. They will be rewarded with CAKE coins. To get this reward, you must have at least 200,000 BABYCAKE coins in your digital wallet.
2. Claim Rewards Automatically Every 60 Minutes
BABYCAKE coin holders will get an automatic reward in the form of CAKE coins which will go directly to the crypto wallet they are using. Automatic rewards will be given every 60 minutes once they will get CAKE coins.
3. 3% Allocation For Automated Liquidity
3% of the 16% fee charged from buying or selling transactions will automatically enter the liquidity pool for PancakeSwap which helps create a more stable BABYCAKE base price.
4. Additional 1% Fee
An additional 1% fee charged for each sale transaction will certainly create more stable prices and reduce swing trading activities that can make crypto asset prices unstable and of course help break the transactions of “Whales”.
5. Super Security For Liquidity
Initial Liquidity Granted will be locked with DXLock for more than 1 year. Contract is being audited by Techrate and CertiK (In progress).
6. Massive Marketing Plan
5% of each transaction is allocated to Marketing in CAKE (exchanged to CAKE in real time to avoid dumps).
What is BABYCAKE Coin
BABYCAKE is the original coin of the BabyCake platform which is the liquidity coin on this platform. Users who have a minimum of 200,000 BABYCAKE coins can get a reward of 7% from every transaction that occurs in the BabyCake ecosystem. BABYCAKE uses the BEP-20 token standard running on the Smart Binance Chain (BSC) blockchain.
Currently the BABYCAKE coin is worth $0.000376 and is ranked 2679th based on its market cap value on the CoinMarketCap website.
The distribution of BABYCAKE coins is as follows:
- Total Supply : 100,000,000,000,000 BABYCAKE Coins
- Team & Partner (locked and vested minimum 6 months) Allocation: 5,000,000,000 (5%)
- Token For Listing To Pancakes: 95,000,000,000 (95%)
- Fair Launch Time : July 17, 2021
- Locked Liquidity: 100% – Unlock Date : 12 months
How to Buy BABYCAKE Coins
Interested in buying BABYCAKE coins as one of your crypto assets?. The steps you can take to buy BABYCAKE coins using MetaMask or TrustWallet are as follows:
1. Download and Setup MetaMask Crypto Wallet or TrustWallet
Download and setup the MetaMask crypto wallet as your browser extension, or if you prefer to use a digital wallet in the form of an application that can be installed on your smartphone or mobile device, you can use the TrustWallet application which you can download on the Google Play Store or App Store.
2. Buy and send BNB to MetaMask
You need to know that to buy BABYCAKE coins you need BNB coins which you can buy in crypto marketplaces such as Binance, Kraken, Coinbase and others. If you have already purchased it, then transfer your BNB coins to your MetaMask wallet address. BEP-20 addresses start with “0x”.
3. Open PancakeSwap and exchange BNB coins for BABYCAKE coins
Convert the BNB coins you already have in your crypto wallet with BABYCAKE coins on PancakeSwap. Set the slippage tolerance to 15% (sometimes maybe 18%, depending on how many requests).
4. Have BABYCAKE and HOLD To Get Rewards
Exchange BNB coins for BABYCAKE coins. Now you need to add BABYCAKE coins to your MetaMask or Trust Wallet to view your BABYCAKE coins. Have a minimum of 200,000 BABYCAKE coins to get 7% reward and do HOLD.