# CakeDao Tokenomics&#x20;

### CakeDao Tokenomics

CDAO Token is a CORE Token or Cryptocurrency that works on the COREChain Network. CDAO is the Native token of the CakeDaoSwap Platform

* [x] **Token**: CakeDao Token
* [x] **Ticker Symbol**: CDAO
* [x] **Chain: CORE Chain**
* [x] **Max Supply**: 200 000 000 CDAO tokens
* [x] **Initial Circulating Supply**: from 30 000 000 CDAO tokens (allocated for the initial liquidity, Token Sale, marketing, and strategic partnership purposes)
* [x] **Contract Address**: <https://scan.coredao.org/address/0x87308bc46c0329eaa977a731b08ed27690e00c5f#code>

### TOKEN ALLOCATION

Tokens will be distributed on the basis of some particular events. All the events are listed below including a graphical chart for better understanding.

#### Max Supply: **200,000,000 CDAO**

| Uses                  |      Amount | Percentage |
| --------------------- | ----------: | ---------: |
| Initial Liquidity DEX |   6,000,000 |         3% |
| Platform Contributors |   6,000,000 |         3% |
| CakeDao Farm & Pools  | 132,000,000 |        66% |
| Token Sale            |  20,000,000 |        10% |
| Community Events      |  10,000,000 |         9% |
| CakeDao Treasury      |  16,000,000 |         8% |
| NFT Campaign's        |  10,000,000 |         5% |

<figure><img src="https://3710243323-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwA4R5lLCk76KcbmDu2kw%2Fuploads%2FV3vpUaLqO6yJXZa4IaUu%2FCakeDaoSwap_Token.jpeg?alt=media&#x26;token=03db8db7-f4eb-4903-b25b-016443e501e8" alt=""><figcaption></figcaption></figure>

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.

### **Emission rate**

**Per block**

| Metric   | Emission/block (CDAO) | Emission/day (CDAO) |
| -------- | --------------------- | ------------------- |
| Emission | 1.236                 | 37,200              |

{% hint style="info" %}
*The emission rate may be changed through future governance.*
{% endhint %}

| Distributed to            | Reward/block(% of emission) | Reward/block(total CDAO) | Reward/day |
| ------------------------- | --------------------------: | -----------------------: | ---------: |
| NFT                       |                          5% |                  0.05618 |      1,860 |
| Farms                     |                         30% |                  0.33708 |     11,160 |
| Launchpool                |                         65% |                 0.073034 |     24,180 |
| Total Daily CDAO Emission |                        100% |                    1.236 |     37,200 |

{% hint style="info" %}
The distribution may be changed through future governance.
{% endhint %}

### CDAO Tokens Burn 🔥&#x20;

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.
