Frosted cake is a new deflationary community driven token. This Project has taken the concept of smart contracts technology to another level. Frosted Cake developers and technical team have come up with an 8% reward incentive that will be distributed to all its holders in Cake.
4% of every transaction that the traders, investors and holders will make with Frosted cake will be going into a buy back/auto liquidity mechanism that will buy and burn the tokens in down trends and bear markets. This will protect both Frosted Cake price & its Investors at all times.
The beginning of Frosted cake was no less than an adventure. On the day of the platform’s launch, a technical issue moved entire liquidity to Toshira’s wallet who is the founder of this project. Since the crypto space is infamous for malpractice, this occurrence raised suspicions in the minds of holders. However, the Frosted cake team was able to bounce back owing to their diligent efforts and Toshira took no time in refunding back the amount to holders, he even lost around $30k in this process. Now that the platform had reinstated its trust and confidence in the community, holders started investing twice the amount before, giving rise to an action that is unprecedented in crypto space. Frosted cake got back on its feet again and started forging forward with accelerated pace.
FROSTED CAKE is an ideal community friendly token with much greater benefits. This token supports fresh nfts, memes, art, music on an everyday basis. The developers and team believe that when the people are strong together as a group then nothing is impossible, together everyone can achieve great rewards. Every single future decision regarding changes,upgrades, and developments of the project will be solely decided by community members by the process of voting and choosing the majority. The market caps of Pancake Swap have shot into the billions,showing exceptionally strong belief in community-driven crypto projects.
The project has an manual burning mechanism, to decrease the supply as the demand increases. The generous rewards that Toshiro implemented means that the investors get to hold more of the frosted cake for a longer time. The project believes that with their venture the sky truly is limitless. When Frosted Cake will reach the $1 mark it will have a moon launch that will bring some super exciting developments. This includes releasing the NFT marketplace for minting, trading, and selling digital MEME art within the community and beyond. The Project is also looking forward to releasing the FROSTED CAKE merch. This merch will be featuring FROSTEDCAKE, along with some other viral meme tokens created by FrostedCake.
The Investors of frosted cake will also earn a passive income and reward based on their holdings, tradings and transactions. This token is exclusively designed for those who wish to hold their investments for a long term and patiently wait and see that their investments give back maximum returns.
Crypto whales have destroyed many promising crypto projects before they could even get started. Therefore the company has evolved a system to stop predatory whales from manipulating the price. Each investor will not be able to own more than 2% in their wallet which will provent whale manipulation in the future. FROSTED CAKE was entirely created on the BSC. BinanceSmartChain was developed as a means of utilizing solidity-based smart contracts, with much greater efficiency, better performance, flexibility and speeds. The decentralized exchanges on BSC offer lightning fast swap and extremely low fees.This makes BSC the most reputed and used blockchain for Decentralized Finance(Defi).
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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