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.

Last updated