$CAKEPOP Token Launch  -  Strategic Partnership With CubFinance

in LeoFinancelast year (edited)

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We’re excited to announce the launch of CAKEPOP — a new dividend paying yield token on the Binance Smart Chain!

The mission of CAKEPOP is to fulfill our dream of the most fair launch sequence imaginable for the new age of meme-based dividend yield tokens.

Most tokens that launch in this niche are missing a great deal of technical prowess and organizational/marketing capabilities:

  • No functional UI to track past, present and future rewards
  • A lack of fundamental marketing capability to expand the token — not just at launch but beyond launch as the brand of CAKEPOP moves into other products in the BSC and multi-chain yield niche
  • A lack of tokenomic vision — the inability to see how tokenomics play out now and down the line
  • Lack of a fair launch — many platforms launch with hidden contracts, traps and other unfair mechanisms that aim at hurting bots and retail investors. CAKEPOP has a fair launch via decentralized IDO with our partner and then liquidity pool launch shortly after
  • Lack of ambition — we aim to take the CakePop brand to much greater heights than our dividend-paying token brethren. Our ambitions stretch out to the multi-verse (multi-chainiverse)of possibilities. Yield platforms, NFTs, and more!

CAKEPOP Tokenomics Overview

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CAKEPOP Supply Tokenomics:

Max Supply: 1,000,000,000
  • 33.33% Initial Dex Offering (IDO): 333,333,333
  • 16.67% Liquidity Lock*: 166,666,667
  • 9.67% Marketing Partnerships: 96,666,667
  • 7% Giveaways & Hype-Based Marketing: 70,000,000
  • 33.33% Locked Team Treasury*: 333,333,333
CAKEPOP Mechanics:
  • 7% Rewards Tax: 7% Tax on CAKEPOP TXs Used to Buy $CAKE and Distribute to CAKEPOP hodlers
  • 1% Marketing: 1% Tax on CAKEPOP TXs Used to Fund Ongoing Marketing Campaigns to Spread the CAKEPOP Brand and HODLER count

*Liquidity Lock is the CAKEPOP that will be locked in the liquidity pool alongside the $125,000 BUSD that we raise in our IDO (166M CAKEPOP+ $125,000 BUSD will be our seed liquidity in the Pancakeswap LP)

Locked Team Treasury is the CAKEPOP reserved for the treasury. This $CAKEPOP will be released via smart contract drip paying out in small chunks weekly for 6 months. Before launch, we’ll release all of our Smart Contracts (including this drip contract) with details about how they work for public review


Our Partnership With CubFinance

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CakePop is not your average yield token launch! We’ve partnered with CubFinance to launch our token through their new decentralized IDO Contract.

This contract will allow CAKEPOP to launch with an initial Liquidity Pool of $250,000:

  • $125,000 BUSD from our IDO on Cub Finance
  • $125,000 CAKEPOP to match the BUSD

This level of liquidity is relatively unprecedented from the perspective of reflection tokens. Many haven’t yet seen a real token with real ambition. We aim to not only mirror the likes of KittyCake at launch but surpass it in the long-run as we continue to build our Brand awareness beyond basic reflection token standards.


$CAKEPOP IDO Overview with CubFinance

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CubFinance has not yet released a public/detailed post about how their IDO system will operate. They’ve said that a post will follow shortly after our announcement of IDO Partnership with details specific to how our CUB-BUSD IDO raise will work via decentralized smart contract!

We will also publish a detailed tutorial on how to deposit and interact with the CubFinance IDO vault for $CAKEPOP. For the purposes of this announcement, these are the IDO economics we will launch with:

  • 1/3rd (33.33%) of total max supply released in IDO: 333,333,333 $CAKEPOP
  • Raise: $125,000 BUSD + $125,000 CUB
  • IDO Valuation: $0.00075 USD per $CAKEPOP
  • Split: $125,000 BUSD goes to our team address and will all be used to seed initial liquidity (matched with 166,666,667 $CAKEPOP in the LP)
  • Split: $125,000 CUB goes to 0x..dead as a decentralized payment to the CUB Community for hosting our IDO
  • $CAKEPOP Launch Price $0.00075
  • Overflow* style IDO raise (no max raise cap — when $250,000 is breached, tokens enter overflow distribution. Each user gains a proportional share of $CAKEPOP based on their individual $ share of the total $ raised and any un-utilized funds are autonomously returned to each participant)

*In an overflow style IDO raise, there is no max raise cap. Any amount of $ can be raised above the $250,000. When the total raise amount is breached, each user receives a proportional share in the total allocation (333,333,333 $CAKEPOP) based on their % ownership of the total raise amount.

For example if a user deposits $10,000 in the IDO raise of $250,000 but the total raise amount overflows to $500,000 then the user will receive 50% (since it was 2x overfilled) of their share in the total 333,333,333 $CAKEPOP up for grabs (10,000,000 $CAKEPOP tokens for this user) at the fixed IDO valuation of $0.0005 per $CAKEPOP. This means that this user has received $5,000 worth of CAKEPOP and their other $5,000 deposited in the IDO that wasn’t used will be automatically returned to their wallet as the original CUB-BUSD tokens.

The CubFinance team has said that a fully detailed breakdown with infographics is coming prior to our IDO Launch Date which will explain the actual mechanics of the IDO and how to participate. We will also make sure to reiterate their message and apply it directly to the $CAKEPOP IDO!


CakePop Roadmap

August 2021:

1). Pre-Launch Platform Checklist:
✅ Website and Earnings Dashboard for CAKE
✅ CAKEPOP Token Contract Deployed on BSC
✅ Official CAKEPOP Launch Announcement — Today! August 24th
✅ CAKEPOP Tokenomic Details Released
2). IDO Details:
✅ Our IDO Partner Announced
✅ Initial IDO Details Announced
3). Social Media:
⚪️ Social Media Growth & Announcements
⚪️ Social Media Competitions — Giveaways & Promotional Campaigns
⚪️ Social Influencer Campaign — Crypto Twitter Influencer Outreach
4). We Are a Go For Moon Landing!
⚪️ Decentralized IDO Launch via https://cubdefi.com/ido
⚪️ Successful Raise of $250,000 USD ($125,000 BUSD and $125,000 CUB)
5). Platform Launch:
⚪️ Launch CakePop UI
⚪️ Launch $CAKEPOP Token & Distribute to IDO Participants
⚪️ Add $125,000 BUSD and $125,000 CAKEPOP to Initial Liquidity Pool (PancakeSwap V2)
⚪️ CAKE Dividends Begin — $CAKEPOP Hodlers Earn for Their HODL Skills
6). Post-Platform Launch — Reaching Orbit:
⚪️ Expansion of Social Media Promotional Campaign
⚪️ More Social Media Influencers — Press Release Run About Out Successful Decentralized IDO Capital Raise
⚪️ Expanding Our Awareness Through Social Media Competitions — Talk About CAKEPOP on Social and Earn!
⚪️ Listing on Major Data Platforms — CoinMarketCap, CoinGecko, Dex Trackers & More!
7). The Future! Going Further Beyond!
⚪️ Liquidity Pooling Partnership — Pool CAKEPOP & Amplify Earnings!
⚪️ Layered Dividend Coin Partnerships — Hodl CAKEPOP to Enter Partnerships
⚪️ CAKEPOP Merch & NFTs
⚪️ Entering the Multi-Chain Landscape


Follow The CakePop Brand On Social Media!

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Twitter: https://twitter.com/CakePopToken
Telegram: https://t.me/CakePopToken
Leofinance: https://leofinance.io/@cakepop
Medium: https://medium.com/@CakePopBSC

Posted Using LeoFinance Beta

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Great to see the IDOs starting up to emerge. Its gonna be awesome to participate.

Posted Using LeoFinance Beta

what is cub price right now and Is it available on the BSc chain


Posted via proofofbrain.io

what is the advantage of owning some cub and how much apr I can get on cub/bnb?

Posted Using LeoFinance Beta

ok thanks, I will my some after I get my pay on 1st Sep
It will be my first-time cub finance

Posted Using LeoFinance Beta

Keep posting here on Hive/Leo and use your earnings to improve your tokenomics

Posted Using LeoFinance Beta

Hey Guys, Can we get some idea on how to purchase $CAKEPOP during the launch? Do I need to exchange it with $CUB and $CUB only? Will you guys accept other BSC Tokens?

Posted Using LeoFinance Beta

You have to distribute CUB/BUSD LP to participate but as the blog post says, Leofinance team will shortly announce a post themself.

Posted Using LeoFinance Beta

Thanks, mate. Saw the blog. All clear now!

Posted Using LeoFinance Beta

Let's see if the cake pops and more than that if the CUB price pops as well. Great information and nice to see the first IDO come to life on the CUB Finance platform!

Posted Using LeoFinance Beta

i would love to buy at least 1 or 2


Posted via proofofbrain.io

cubdefi.com baby! All over BSC :-0

Posted Using LeoFinance Beta

Since it's a CubDefi Project, a ManniMan might give it a shot.

Posted Using LeoFinance Beta

I am wondering what is different from this than say BabyCake other than the ability to track your dividends through the UI and the CUB IDO launch?

Posted Using LeoFinance Beta

Hi!

We outlined our fundamental differences and goals here in the post. Most notably - a functional UI and an actual fair launch as opposed to snipe-ridden, whale-driven. Also $250,000 in the initial pool will separate our token's starting off point from the herd of tokens that don't make much noise whatsoever.

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Posted Using LeoFinance Beta

Thank you, I read the post and understood everything which is why I asked the question as the other information was quite vague other than a UI to track dividends and the unique fair launch. However, I do agree that a 250,000 initial liquidity is great. Also I just wanted to confirm that the max fixed token count is 1 Billion and the required amount in order to receive dividends will be 2 Million and a total tax of 8% per transaction?

Posted Using LeoFinance Beta

Any plans for a decent audit of, lets say Certik? Haven't seen it on roadmap ...

Okay okay let’s see how this goes! Ape mode activated

Posted Using LeoFinance Beta

That's a good achievement and a step.more token to the community.This community is doing great.i love it. I'm happy that I'm here in this platform.Thanks for the information.great work

Posted Using LeoFinance Beta

This is exciting. I can't wait for the upcoming news and updates.

Whooo, Here We Go...

Posted Using LeoFinance Beta

What is the cakepop price? $1?

Posted Using LeoFinance Beta

Should be less than a $1 I guess.

Posted Using LeoFinance Beta

They said the IDO price would be $0.0005

Posted Using LeoFinance Beta

Which means if you put in $100 of CUB/BUSD ($50 of each), you will get 200,000 cakepop tokens. (That is how I read it anyway, once the team tells the IDO perspective, it should be more clear.)

Posted Using LeoFinance Beta

That one image says you need 2m to earn dividends so thats about $1,000 at 0.0005

Posted Using LeoFinance Beta

$WINE


Congratulations, @theguruasia You Successfully Shared 0.100 WINE With @cakepop.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/5 Successful Calls.

wine_logo


Contact Us : WINE Token Discord Channel
WINE Current Market Price : 0.270

what is cub price right now and Is it available on the Binance😎

It is available on Binance Smart Chain. CubDefi.com, you can get it on pancakeswap as well.

Here is the token address
0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1

If you want to participate in the IDO, you will need to get setup on Binance Smart Chain.

Posted Using LeoFinance Beta

i would love to buy at least 1 or 2 but Is it available on the Binance😎

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Looking fwd to the launch as well as to the launch of LeoFinance IDO platform. Will you be the first project that will be launched on the upcoming LeoFinance IDO platform?

Posted Using LeoFinance Beta

Good work! looks fun

Posted Using LeoFinance Beta

I can't wait for this :D

Posted Using LeoFinance Beta

Is not a bad idea


Posted via proofofbrain.io

Do you have a website? Please share the link of the website

Posted Using LeoFinance Beta

Very exciting to see the first IDO on CUB! Meow!

Posted Using LeoFinance Beta

I just participated in the IDO!
Let's see where this goes :)

Posted Using LeoFinance Beta

I hope you let your investors know that cub/Leo originated from the hive community, and that you encourage them to checkout and join hive