Comment on page
CDAO Token is a CORE Token or Cryptocurrency that works on the COREChain Network. CDAO is the Native token of the CakeDaoSwap Platform
- Token: CakeDao Token
- Ticker Symbol: CDAO
- Chain: CORE Chain
- Max Supply: 200 000 000 CDAO tokens
- Initial Circulating Supply: from 30 000 000 CDAO tokens (allocated for the initial liquidity, Token Sale, marketing, and strategic partnership purposes)
Tokens will be distributed on the basis of some particular events. All the events are listed below including a graphical chart for better understanding.
Out of these 20,000,000 tokens, 6,000,000 CDAO tokens to be used to secure the initial liquidity. This is done to ensure our users can make exchanges and experience all the features of the platform from the very beginning.
CakeDaoTreasury: is a community controlled and decentralized collaborative decision-making mechanism for sustainable funding of the blockchain. During each treasury period, it reserved for the exchange's treasury, to be used for funding development ecosystem and marketing efforts, as well as providing liquidity to the exchange and buy backs of CakeDao token.
Platform Contributors: allocations for Devs contributing to the CakeDaoSwap ecosystem.
NFT Campaigns: The right NFTs are powerful tools can use to create more engaging users experiences. The community is the primary prospect of our NFT marketing. That's the power of the community. performs well, the value of its NFTs will increase.
Community Events: is allocated for a variety of programs, such as airdrops, meme event, bounty rewards, competition and other rewards for contributing to the exchange.
The emission rate may be changed through future governance.
The distribution may be changed through future governance.
CakeDaoSwap DEX has Deflationary Mechanisms. Our platform always develops and aims to enhance ones. The CDAO burn happens to keep the token valuable and less volatile.
CDAO token burn typically occurs Once per Quarter. CDAO reserves the right in its sole discretion to change or amend the burning schedule at any time and for any reason.
Even though CDAO token burn occurs once a quarter, CDAO token buyback happens every 15 days, and the final burn report is shared within the first 10 days of the new quarter.