Hello Beautiful Admin Quick question for the team (or anyone who

can throw more light)!

Does the weekly cake burn count to the total supply!?

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

I went through the Burn Doc but it doesn't say anything about this!

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Any admin online!? @CakeCompounder @QV_zz

nope, it does not

Are you sure. I think it does ... not challenging you but I am sure I read some where that burns will be included in total 750 million supply.

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Hmmm Then Y not just remove the burn pool entirely!? Instead of minting it just to burn it, just don't mint it in the first place! Also, part of the weekly burn comes from the lottery and farm! If burning it deletes it from supply like it never existed, then we would probably never reach the 750M Total Supply!

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

That means about 46,000 cakes are deleted from existence daily!!!!! That's cake that was bought with people's cash! 🤔🤔🤔🤔 🤷‍♂🤷‍♂

yes, the difference between the circulating supply and the total supply is the CAKE locked in fixed term staking. Burned CAKE is not included in the circulating, total, or max supply.

because the amount of CAKE minted cannot be changed, that was how the contracts were deployed. to change it we'd have to deploy a whole new token.

well yea, thats the point. to make CAKE deflationary if it ever reaches the total supply.

But is there a way to separate the cake to burnt from minting and the once from Auctions and lottery tickets then make the Latter count in the total supply!?

My main focus here is the cakes from the auction and lottery tickets that are burnt from existence! I believe they should count to the total supply since they were purchased by individuals with their savings! A suggestion would be to subtract the cakes gotten from this polls (Auction and Lottery) from the Max Supply on a monthly or quarterly basis!

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

That is the opposite of what we want to do. Burning CAKE takes them out of circulation, less supply increases demand.

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Yes! That's Y we could subtract it quarterly like I suggested! Just imagine buying 1M cakes and bidding in the auction only to have that money delete from existence! That's people's savings! Subtracting it would be a more appealing approach!!! Ok, let me clarify! In order not to make the work hectic, we could stick to the regular weekly burn while taking account of the cake from the Auction and lottery pool! Then once every 3 or 6 months we subtract the total from the Max Supply! I believe this is the same way the Binance token is burnt! And just like our cake, theirs is gotten from transaction fees!

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

It's a suggestion though, maybe try passing it to the entire team! Let's delegates on it! @ChefXander

How would you subtract it without deleting it? The farm auctions are teams and they bid for a farm auction in return they get a farm which helps them have liquidity for users to trade their token.

The same way 750M was fixed as the Max Supply, I believe it can be reduced periodically!

Take Hotcross-Bnb for example, the team has bid a total of 67,060 cakes in the past 7 successive auctions! This 67,060 cakes were purchased! I understand that subtracting it from the Max Supply will make us hit Max Supply faster that calculated, but I think it's worth looking into! 🤷‍♂🤷‍♂🤷‍♂🤷‍♂

Well, This is where I rest my case! I need to sleep before my eyes fall out! 😅😅😅😅 😇🥰🥰🥰

We don't want to hit Max Supply earlier though, the goal is to keep burning CAKE so that we don't reach the max supply.

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Understandably, just try discussing it with the team! See what they have to say! I could create a proposal as well, if need be!

Question. If ever we reach the max supply, will emission stop while burning continue making it deflationary?

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics

Check the AMA recap for details!

I don't fully understand and am still confused after reading it. Not sure if it once hit the max supply. A. Stop emission totally and continue burning making it deflationary OR B. Temporary stopping emission but once supply falls below again max supply (because of burning), it will resume doing emission. Can anyone clarify this? Thanks.

Lots of options. For example Emissions = burns so net is 0

This will fall to option B. Continuing both Emission and burning but being manageable. Supply will either be fix or close to max supply.

There is a weekly token burn every Monday/Tuesday (NO SPECIFIC TIME). Read about the emission rate and deflationary mechanics here: CAKE Tokenomics