How much is the total amount of cake coins?

The total amount of CAKE coins is 750,000,000, which are distributed through mechanisms such as liquidity mining, team allocation, and IDO allocation. Supply control mechanisms include a deflation model and liquidity mining halving to reduce the generation of new CAKE coins and increase their scarcity.

Total amount of CAKE coins:

The total amount of CAKE coins is 750,000,000 pieces.

Detailed description:

CAKE coin is the native cryptocurrency of Bombardier Financial (PancakeSwap), a decentralized exchange (DEX). The total supply of CAKE coins was created on September 4, 2020, and distributed via:

• Liquidity Mining: 75% of CAKE coins will be distributed via liquidity mining To users who provide liquidity.
• Team and Strategy: 15% of CAKE coins are allocated to the team and strategy reserve.
• IDO: 10% of CAKE coins are sold through an Initial Coin Offering (IDO).

The supply of CAKE coins is controlled through the following mechanism:

• Deflation model: A certain number of CAKE coins will be destroyed with each transaction.
• Liquidity mining halving: Liquidity mining rewards will be halved regularly, thereby reducing the generation of new CAKE coins.

Through these mechanisms, the total supply of CAKE coins is expected to decrease over time, thereby increasing its scarcity and value.

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