Cake Monster - The Beast of BSC, is a ultra-deflationary, automated dividend yield, and meme token on Binance Smart Chain.
It offers a multitude of unique DeFi features aimed at building a flexible and multifaceted reward system for all participants without compromising the sustainability or security of the protocol ecosystem.
Cake Monster is a sophisticated DeFi protocol with true utility and value. Backed by a community-owned, non-correlated asset vault and constant supply pressure, each deflationary cycle builds up the intrinsic value for $MONSTA and the paid-out rewards for holders. The tokenomics of $MONSTA include a total tax of 5% on every transaction and cause it to be extremely deflationary, as 2.5% get burned and 2.5% is used to buy $CAKE for the Gravity Vault from PancakeSwap, to fill up the reward asset vault, and to add locked liquidity to the LP. Cake Monster thrives on farming volume and impatience, whereby the goal for every holder is to own as much $MONSTA supply as possible, to get the most $CAKE rewards at the end of each cycle.
FomoLab is the most exclusive NFT management agency and marketplace on the Binance Smart Chain. All our NFT releases are vetted and by well-known musicians, athletes, celebrities, rappers, artists, digital creatives, and influencers.
Initial partnerships include the first NFT series for Lineal Boxing Heavyweight Champion of the World Tyson Fury and the fist Porsche available for auction on the blockchain, signed by Rick Ross.