What Is Bunscake (BSCAKE)?
Bunscake (BSCAKE) is a token that aims to allow users to earn rewards by simply holding theBunscake token in the wallet. The users receive dividends in the form of CAKE, the PancakeSwap token. Dividends refer to distributing the company’s earnings among selected users. The users don’t need to claim these dividends, as Bunscake automatically distributes them to users’ wallets every hour. Also, users can earn dividends on every transaction if they hold tokens in the wallet. According to the whitepaper, Bunscake aims at providing rewards to all users.
Apart from this, the token charges a 15% tax on trading cryptocurrency where token holders receive 8% CAKE as rewards, and 5% goes to the marketing team and other projects in CAKE. The remaining 2% goes to the liquidity pool. A liquidity pool means collecting funds in a smart contract to utilize in lending or trading later. Bunscake has locked the liquidity for six months. Also, the token charges an extra 1% tax on all transactions to encourage users to hold tokens. The additional tax protects the token from swing trading. Swing trading means staking assets that may last from a few days to several months to gain profit.
BSCAKE is the ticker of the Bunscake token that runs on the Binance Smart Chain (BSC) network. Binance Smart Chain (BSC) is a blockchain that enhances the functionality of smart contracts and compatibility with Ethereum-compatible programs.
According to the roadmap of Bunscake, the plans include getting listed on major exchanges as well as developing the Bunscake game in the upcoming months.
History of Bunscake (BSCAKE)
The maximum total supply of Bunscake (BSCAKE) tokens is 100,000,000,000 BSCAKE.