Contracts
Price
$0.00000145670737
6.30
Market Cap
$135,069
Launch Date
24 July, 2021
Description
😸 KittyCake is an evolution of a yield-generating contract on the Binance Smart Chain (BSC):
you get rewarded in CAKE instead of tokens.
💎Users can check their total earned CAKE via our smart dashboard, the first of its kind.
💎Kittycake.app
💸The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells).
🐋Redistribution is based on percentage (in the contract), current token balance and number of holders. You receive more tokens automatically.
🔋The token contract employs a static rewards system of 15% of every transaction split in three: 7% CAKE redistribution + 3% Liquidity pool + 5% allocated to Marketing.
🔥7% Redistribution in CAKE: 7% of every buy/sell is taken and redistributed to all holders that hold a minimum of 200,000 tokens.
💰Auto Paid Every 60 Minutes: Holders don’t need to claim their earned CAKE, as it's automatically sent to them every 60 minutes.
🌊3% Auto Liquidity Pool: 3% of every transaction is transformed into liquidity for PancakeSwap. It's automatic and helps create a price floor (stability).
🚨Anti-Swing feature: An extra 1% fee is applied to all sells. This will allow us to reduce swing-trading and break whales' control. Total sell fee = 16%.
🔐Initial liquidity is locked with DXSALE for over 6 months.
✨Marketing Fees: 5% of every transaction is swapped to CAKE in real-time to avoid dumps and allocated to marketing.
🔋Smart distribution mechanism:
- The contract keeps track in an array of all token holders.
- The contract keeps an index into the array for processing.
- Every transaction processes a certain number of users, depending on the transaction size (bigger token transfers can process more, since the gas will still be proportionally less than the value of the tokens).
- The token is based on a Dividend-Paying Token Standard, which means all CAKE the contract gains will be split equally proportionally to the token holders.
- When a user is processed, the contract checks how many withdrawable dividends they have, and if it is above the minimum threshold for auto-claims, will either automatically claim those dividends for CAKE, or automatically buy back tokens for them.
- This system is fully automated and adds minimal gas fees proportional to the value transferred.
🐳The number of holders processed through each transaction is dynamic and based on transaction size. Holders will receive dividends from the queue based on their position in the array. It's a fair system, and is fully automated.
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