BabyCake – Bringing DeFi to the Masses
October 01 2021 - 1:46AM
NEWSBTC
BabyCake has a mission. Bring DeFi to the masses. The rate of
crypto adoption in the world is growing, but the percentage of the
world’s population who use it is still very small. Decentralized
finance, which utilizes technologies to remove intermediaries,
middlemen, and banks from financial markets, is a complicated
system to enter into. In a huge step toward fulfilling their
mission, BabyCake has developed an App. This app aims to allow
anyone with a credit card and a phone to buy cryptocurrency within
3 clicks. The App is clean, clear and simple to use and will
soon be available on both IOS and Android. It will revolutionize
the DeFi space and foster the adoption of crypto in a safe, secure,
easy and rewarding way. BabyCake’s primary goal was to make it
simple for our mothers to start earning passive income without
having to understand this complicated DeFi world, and with this
App, they have succeeded. So who or what is BabyCake? The company
was founded by two friends, Monk and Halo. Their passion is helping
people take control of their lives and elevate their situations
through the use of DeFi to earn passive income. The first step
towards achieving that goal was to create the BabyCake token. It is
an innovative Reflection Token, one that pays dividends in an
already established token instead of its own. Seven percent of the
daily volume is paid out to the holders in $Cake, the native token
of PancakeSwap, the premier BSC Swap on the market and a company
whose tokens are getting more valuable all the time. This means
that not only do holders of BabyCake benefit from the increase in
the price of the native token, they also receive an appreciating
asset, which they can then also Stake on PCS to make even more
money! BabyCake’s early success enabled the creation of the App,
their brand new Swap, and the creation of more products, all of
which make owning BabyCake a very profitable investment. Just this
week, BabyCake launches its new and improved website. It includes
the brand new Swap, an updated Dashboard, Rewards Calculator and
information about their upcoming ‘3-click’ App. The Dashboard
includes their very popular Auto-Reinvestment Pool (ARP). Over 14%
of all BabyCake tokens have been deposited into the ARP. The Pool
accumulates the Cake rewards each holder earns and automatically
converts them to BabyCake tokens for a low 3% tax. As the buy tax
for BabyCake is 15% to purchase through PancakeSwap, it is a great
way for their holders to increase their bags for a significant
discount. BabyCake is currently burning 200 million tokens a day
for a 7 day period, reducing supply and increasing the value of
already held tokens. Coming up in the future is the very exciting
launch of BabyCake NFT’s. The first NFT to combine Augmented
Reality NFT’s with a Rewards System. The NFT’s will initially be
available on a BabyCake NFT platform. There will also be a merch
store opening in the near future in response to huge demand from
the community. All in all, the future of BabyCake looks bright and
with the current price floor being very stable, it is a great time
to invest before their many products are launched and their market
cap explodes.
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