Cake Monster
Announcements
Cake Monster — The Beast of BSC, is a ultra-deflationary, automated dividend yield, and meme token on Binance Smart Chain. It offers a multitude of unique DeFi features aimed at building a flexible and multifaceted reward system for all participants without compromising the sustainability or security of the protocol ecosystem. Cake Monster is a sophisticated DeFi protocol with true utility and value. Backed by a community-owned, non-correlated asset vault and constant supply pressure, each deflationary cycle builds up the intrinsic value for $MONSTA and the paid-out rewards for holders. The tokenomics of $MONSTA include a total tax of 5% on every transaction and cause it to be extremely deflationary, as 2.5% get burned and 2.5% is used to buy $CAKE for the Gravity Vault from PancakeSwap, to fill up the reward asset vault, and to add locked liquidity to the LP. Cake Monster thrives on farming volume and impatience, whereby the goal for every holder is to own as much $MONSTA supply as possible, to get the most $CAKE rewards at the end of each cycle.
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
