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RE: Should You Buy $CAKEPOP?

in LeoFinance3 years ago

I'm struggling to find info on how CAKEPOP actually works...

So their only website is their Medium blog?

You mention KittyCake as a competitor, but I can't find much info on how they work either haha.

Is BabyCake another clone or am I way off?

They have a half decent explainer on coinmarketcap if so.

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how CAKEPOP actually works...

I hope they release some more details before the launch on how it works.

Babycake, Kittycake and now Cakepop. All of them are Reflection tokens and pretty much do the same thing on the basic level. They have different tokenomics, fee structures, rewards & other DeFi opportunities associated with each one of them. They tax the transactions and use that tax to buy CAKE and distribute that Cake among hodlers.

The only major difference between them and Safemoon is that Safemoon pays dividends in their own coin.

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