# Old Tokenomics

![](https://2908774936-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MHREX7DHcljbY5IkjgJ-1972196547%2Fuploads%2FL9VgFbkFDolbHZHFrQR7%2Ftokenomics-header.png?alt=media\&token=e0bb03b6-c8f1-4950-9e40-542903d692f5)

* **Ticker:** CAKE
* **Contract Address:** <https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82>
* **Chain:** BNB Smart Chain (BEP20)

## The basics

CAKE is the delicious token that powers the PancakeSwap ecosystem.

Earn CAKE from Farms and Syrup Pools, win it in the lottery, or [buy it on the exchange](https://docs.pancakeswap.finance/trade/pancakeswap-exchange), then explore its use cases:

* Stake it in [Syrup Pools](https://docs.pancakeswap.finance/earn/cake-staking/syrup-pool) to earn free tokens
* Use it in [Yield Farms](https://docs.pancakeswap.finance/products/yield-farming) to earn more CAKE
* Buy Lottery tickets in the [PancakeSwap Lottery](https://docs.pancakeswap.finance/play/lottery)
* Participate in [IFO Token Sales](https://docs.pancakeswap.finance/earn/cakepad)
* Create your [Pancake Profile](https://docs.pancakeswap.finance/archive/broken-reference) and mint NFTs
* [Vote on proposals](https://docs.pancakeswap.finance/protocol/voting) relating to the PancakeSwap ecosystem

But that's not all -- there's much more on the horizon for CAKE!

## In detail

Check below to discover the nuts and bolts of how CAKE works.

{% content-ref url="../protocol/cake-tokenomics" %}
[cake-tokenomics](https://docs.pancakeswap.finance/protocol/cake-tokenomics)
{% endcontent-ref %}

{% content-ref url="broken-reference" %}
[Broken link](https://docs.pancakeswap.finance/archive/broken-reference)
{% endcontent-ref %}

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