About Cake Monster
MONSTA is reshaping DeFi with a focus on a vault of non-correlated assets. With its hyper-deflationary and elastic supply token, our innovative monetary policy and rewards system aims to drive sustainability in the crypto world
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Market Stats
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Additional info about Cake Monster
Recent trends
The latest MONSTA price is $0.00000190.
Market details
MONSTA vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x8A5d7FCD4c90421d21d30fCC4435948aC3618B2f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000190 | NaN% |
1 Day | $0.00000190 | 0.00% |
1 Week | $0.00000190 | 0.00% |
1 Month | $0.00000190 | 0.00% |
1 Year | $0.000073 | 0.00% |
FAQ
Cake Monster is a platform based on blockchain technology that aims to offer a financial tool to users independent of volatile market conditions. The platform aims to provide a DeFi token.) that can be used by the traders and the token holders during difficult market conditions or during the period of speculation in the market.
According to Cake Monster’s whitepaper, the DeFi token holders exposes themselves to several risks like loss of control over their holdings, insecurely written smart contracts, and extremely volatile conditions, if they wish to earn a high yield on staking. Moreover, the high gas fees during staking increase the expense of the token holders. The absence of good sustainability and stability of the ecosystem of protocols adds to the problem of the DeFi token holders. Therefore, Cake Monster aims to develop a stable and hybrid monetary policy to protect the ecosystem from volatile market conditions.
MONSTA is the BEP-20 based native meme token of the Cake Monster protocol. The token is issued on the Binance Smart Chain (BSC). BEP-20 is a token standard issued on the BSC to provide flexibility to developers for launching different ranges of tokens. MONSTA combines sustainable, stakeless dividend yield, and reward generation of the tokens with NFT utility and fun memes. Cake Monster protocol also seeks to offer a feature named Gravity Vault CAKE Reserve, a vault for CAKE, which is a non-native asset of the protocol. This vault continuously fills with CAKE and brings stability and safety to the protocol. The Gravity Vault CAKE Reserve enables all MONSTA holders to get rewarded with a CAKE token in exchange for their MONSTA tokens at the end of each deflationary cycle.
The MONSTA holders are also allowed to vote for the future design and direction of the protocol. The voting power of the token holders is directly proportional to the amount of MONSTA tokens held by them.
The whitepaper of Cake Monster was published on December 05, 2021. The initial supply of MONSTA was ten billion, whereas the end supply is one million.
We update our Cake Monster to USD currency in real-time. Get the live price of Cake Monster on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Cake Monster calculator
1 Cake Monster (MONSTA) to Canadian Dollar (CAD)
CA$0.00000260
1 Cake Monster (MONSTA) to Real (BRL)
R$0.000011
1 Cake Monster (MONSTA) to Euro (EUR)
€0.00000167
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