# CAKE

<div align="left"><img src="https://3482112246-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MHREX7DHcljbY5IkjgJ%2F-MJfSAPkP4Jn7cikZadQ%2F-MJgOYsqqIJgTs9DVtHu%2Ficon-square-512.png?alt=media&#x26;token=5aa29acf-4d4f-4c78-8e8b-39665a0bf8db" alt="CAKE Token"></div>

**Ticker:** CAKE

**Contract Address:** <https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82>&#x20;

**Chain:** Binance Smart Chain (BEP-20)

### **Emission rate:**

|                        | Emission/block (CAKE) | Emission/day (CAKE) |
| ---------------------- | --------------------: | ------------------: |
| Emission               |                    40 |           1,200,000 |
| Burned                 |                   -15 |            -450,000 |
| **Effective Emission** |                **25** |         **750,000** |

### Distribution:

| Distributed to | Reward/block(% of emission) | Reward/block (total CAKE) | Reward/day |
| -------------- | --------------------------: | ------------------------: | ---------: |
| Farmers        |                         60% |                        15 |    450,000 |
| Syrup pools    |                         40% |                        10 |    300,000 |

### **Other Deflationary Mechanics:**

At present,

* [x] **9.09%** of CAKE harvested from farms is sent to the dev address, then burned
* [x] **20%** of CAKE spent on lottery tickets is burned
* [x] **100% of** CAKE raised in IFOs is burned

{% hint style="info" %}
The burning process is currently manual. [View burn transactions here](https://bscscan.com/token/0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82?a=0x000000000000000000000000000000000000dead).
{% endhint %}