Lap Tranche
A Smart Contract for $CAKE Tokens
The Lap Tranche is like a dynamic digital vault, represented by a smart contract. Its main role is to hold onto $CAKE tokens that come from the Temporary Tranche after every Trigger Event. It serves as a temporary storage for these tokens.
The 15-Day Cycle
The Lap Tranche holds onto these $CAKE tokens throughout a single Lap, which is a 15-day period. Once this Lap is complete, an interesting event occurs.
Lap Event Trigger: Earning Rewards
At the end of each Lap, a special Lap Event Trigger becomes available. This trigger can be activated by any $BMONK token holder, like pressing a button to initiate a rewarding process.
The Distribution Process
When someone triggers this Lap Event, the $CAKE tokens in the Lap Tranche are distributed as follows:
1% $CAKE: Awarded to the user who activated the Lap Event Trigger as a commission for their action.
24% $CAKE: Distributed among all $BMONK holders as a Lap Dividend, serving as a bonus for being part of the community.
75% $CAKE: Deposited into the Permanent Tranche, a larger vault. These tokens will be distributed among $BMONK holders as a Mega reward at the end of the Season.
In summary, the Lap Tranche acts as a temporary home for $CAKE tokens during a Lap. The Lap Event Trigger allows users to earn rewards from these tokens, creating a cycle of engagement and potential benefits for the entire community.
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