The $PCAKE Token

All you need to know about our native token - $PCAKE

General Details

Ticker: $PCAKE

Contract Address: 0xd9a2C5C0Fb2F138C2B96582d29A648DF70F80465

Chain: MATIC

There's currently no hard cap on the supply of PCAKE token, making it an inflationary token.

Community members often point to this as a cause for concern, and while the founder certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:

PCAKE Properties

PCAKE Emission

Emission/block (PCAKE)	Emission/day (PCAKE)
1	43000

Utility:

• Staking

• Platform Fees (Buyback and burn)

• Governance (to be implemented at a later phase)

Deflationary Mechanics

At present;

• 0.3% fee is charged in every PCAKE transaction. Fee token will be automatically send to burn address

• 10% of PCAKE spent on lottery tickets is burned

• 75% Fee raised on Staking pool will be used to buy back PCAKE & burn it.