Frequently Asked Questions

New to BabyCake?

What is BabyCake Token?

Launched on the Binance Smart Chain (BSC) in July 2021, BabyCake is the first $CAKE reflection token brought to market.

The founders of BabyCake, Monk and Halo, created the token with the goal of bringing passive income into people’s lives. The next step is to ‘Bring DeFi to the Masses’, via a 3-click Appp, enabling even those without knowledge of the DeFi space to enjoy the benefits of it.

Has the Owner been doxxed?

Yes, our Founder ‘Monk’ is fully doxed. He doxed himself via video when BabyCake hit 100 million market cap and doxed further on the announcement that BabyCake would be a Platinum Sponsors of both the Global Defi Investment Summit and the Dubai Crypto Conference being held in Dubai in October 2021. Monk will also be Speaking at both events.

What are BabyCake’s Tokenomics?

15% Buy tax

16% Sell tax

7% Rewards

5% Marketing

3% Liquidity Pool

Is the Liquidity Pool Locked?

Yes. The Liquidity Pool is locked for 1 year for now, and will likely be locked for a further year at the end of that period. See it here at DxSale.app

What is the Total Supply?

Baby Cake total supply is 100 Billion

What is Circulating Supply?

BabyCake Circulating supply is 96 Billion, as 4 Billion tokens are Locked.

What is the Contract address?

0xdb8d30b74bf098af214e862c90e647bbb1fcc58c

Where can I buy BabyCake?

You can buy BabyCake here: BabyCakeSwap

Why can’t I buy it on Binance or any other CEX?

At present, CEX’s do not have the ability to cope with this new wave of Reflection Tokens. So for now Pancake Swap remains our preferred platform. As soon as CEX’s enable Reflections tokenomics to work on their platforms we will apply for listing!

What is the recommended Slippage?

Use slippage between 15% to 20%.

To use 1% slippage lower the amount of BabyCake and add .01

e.g. 900,000 > 880,000.01

Is there a Whitepaper?

Whitepaper

Is BabyCake SAFU?

Yes. BabyCake has been Audited by both Certik and Techrate.

Should I trade BabyCake?

BabyCake’s tokenomics of the 15% buy tax and 16% sell tax make day trading this coin difficult to justify. That’s a total of 31% toward taxes for every buy and sell transaction.

We are a long-term investment token. Instead of trading Baby Cake, we encourage investors to hold it and enjoy the Rewards.

Rewards

Why aren’t my Rewards being delivered?

Rewards payments are based on volume. On days when the volume is low, you may only get Rewards once a day. Your Rewards are calculated throughout the day and the contract accumulates them, ready to send to you when there are enough to justify the transaction fees.

When volume is low, it is not worth sending out low value Rewards to holders every hour. The transaction fees would be prohibitive.

When the volume is high, and the transaction fees can be justified, you will get Rewards every 60 minutes.

Where can I check how much I am earning in Rewards?

If you want to see how many Rewards you have accumulated that have not yet been delivered, you can connect your wallet to our Dashboard. You can also use the Claim feature on the Dashboard if you are willing to pay the transaction fee to claim your Rewards earlier.

How can I calculate my Rewards?

You can use our Calculator to estimate your Rewards. It is also fun to see how many Rewards you will get at different volume levels.

General

Is Slippage Tax?

No, Slippage is a price range percentage. Due to the often-high volatility of the crypto market, when you place an order for a token, the price between the time you hit Swap and the time that the exchange tries to execute your order, the price may change.

Setting a slippage rate just means that you are willing to pay a certain percentage over or under the price you were expecting to buy at.

For example, if you set slippage at 10%, the exchange will execute your order at 10% either side of the current price. Your purchase depends on there being a seller who is willing to sell a token at the price you want to buy it at, as well as liquidity.

Remember, just because you set the slippage at 10%, it doesn’t mean the price you buy will be 10% higher or lower- it just means that the purchase can go through within a 10% price variation.

BabyCake Auto-Reinvestment Pool (ARP)

What is the ARP?

The ARP is a feature on the BabyCake Dashboard. It allows you to enter your BabyCake tokens into a pool to accumulate Rewards and then uses those Rewards to buy more BabyCake. The benefit of using the ARP is it will buy the BabyCake with a 3% fee, instead of the 15% fee you would pay if you used PancakeSwap to convert your Cake Rewards to BabyCake manually. It is a great option for those who wish to grow their BabyCake holdings at a lower buy-in tax rate. Holders receive 12% more BabyCake by using the Pool to convert their Rewards. There is a minimum deposit amount to enter the Pool which is 200,000.

Example Calculation:

You received 2 Cake tokens as Rewards that you wish to reinvest into BabyCake.

On PCS charging 15% buy tax:

2 Cake for 260,933 BabyCake minus 15% tax and slippage = 215,575

Using the ARP charging only 3% buy tax:

2 Cake for 260,933 BabyCake minus 3% tax and slippage = 253,106

Will I pay the 16% sale tax if I move my BabyCake into the ARP? Are there any other taxes charged?

No. There are no taxes applied to your BabyCake to enter the Pool.

There is a 3% fee charged on your Cake Rewards when they are swapped for BabyCake, to pay for the transaction fees and maintenance.

If you exit the ARP, there is a 0.3% tax taken from the total amount of BabyCake you withdraw.

How can I use the ARP?

To use the ARP:

Go to our Dashboard and connect your wallet.
Once connected, click on OPEN AUTO REINVESTMENT PANEL. Choose the percentage amount you want to stake. Click INVEST BABYCAKE.
Confirm the transaction. Reload and re-connect your wallet.

If it is your first time using the ARP you will need to confirm 2 transactions. One to grant access to the BabyCake contract and one for the Pool deposit.

How do I stop using the ARP?

Log on to the dashboard and then into the ARP feature
Select "Claim & Withdraw". A 0.3% Harvest fee will be applied to your BabyCake total.

Will I still earn CAKE Rewards if I use the Pool?

Yes. Your tokens are still earning Cake Rewards, they are just inside the Pool instead of inside your Wallet. If you do not participate in the ARP, your Cake Rewards will still be automatically delivered to your Wallet, as they are now.

Will I still receive Cake in the ARP or does it just automatically buy more BabyCake?

The Cake Rewards you earn in the Pool will automatically buy BabyCake, that is the purpose of the ARP.

I used the ARP, why don’t I have BabyCake in my wallet anymore?

The BabyCake leaves your wallet and enters the ARP contract. You know the transaction is successful if you have less (or no) Baby Cake left in your wallet.

If I put 100% of my BCs in the pool, am I still counted among the holders?

No, you will not be counted.

How can I find out how many BC tokens are in the pool?

The Percentage of BabyCake tokens in the Pool and the Dollar Value will be shown on the Dashboard once we release our new and improved website. Until then, it is possible to check how many tokens are in the Pool by looking at the Contract on BScan.

I want to participate in the ARP, but it asks me to allow my wallet to take pictures of the QR code?

This is correct. Please make sure you are on the babycake.app website and connect your wallet. You should be able to scan a QR code using the camera feature inside your wallet if you are using a desktop/laptop.

If I use ARP, will I get more Rewards in addition to the usual Rewards?

No. You will still be earning the same Rewards. 7% daily and 12% on Diamond Hand Sundays inside the Pool. These will then automatically be converted into BabyCake.

Do the automatically reinvested Cake contribute to Rewards and therefore volume?

No they do not, BUT, a very small and insignificant percentage of total transactions were Cake to BabyCake transactions.

Our volume comes almost entirely from BNB to BabyCake and BabyCake to BNB transactions.

Will this affect the price of BabyCake?

It will! Those that use ARP will be able to get more BabyCake for their Cake.

This will remove more BabyCake from the router and increase the market cap more quickly, thus the price. This makes BabyCake an attractive option for new investors

After the Cake Rewards are reinvested into BabyCake, is the new BabyCake pooled as well?

Yes! The ARP will automatically re-invest your newly acquired BabyCake into the Pool and they will attract Rewards too.

Why should we auto-reinvest our Cake into BabyCake instead of staking the Cake in PancakeSwap's pool?

Everyone has differing investment goals and strategies. We believe that BabyCake has a very exciting future and that re-investing into BabyCake is a good choice at its current market cap growth possibility as opposed to PancakeSwap’s market growth possibility. Ultimately, the choice is yours, please DYOR, this is NOT FA.