CakeSafe
2 min readApr 30, 2021

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CakeSafe’s public sale and official launch are finally here!

We’re excited to announce the CakeSafe public sale will take place tomorrow, April 30th, 2021, at/around 17:00 UTC/1 PM EST!

To participate, join the CakeSafe Telegram channel. At the time listed above, CakeSafe admins will provide/pin a contract address in the Telegram where you can send BNB to participate in the public sale. The public sale will be on a FCFS (first come, first served) basis so everyone will have an equal opportunity at receiving an allocation.

Once the hardcap is filled (more on the Tokenomics below) all *SAFE tokens will be distributed via smart contract to both strategic rounders and public salers alike. Once distributed, SAFE token will be listed on PancakeSwap shortly after where liquidity will be added, locked (with CakeSafe of course!), and trading can begin.

We appreciate everyone’s patience up to this point and look forward to sharing what’s next for CakeSafe as it advances to the next phase!

Tokenomics

SAFE token contract address: 0x82210F2CC11727f3C4dB406E8b086eA12C8E424C
○ Please note this is *not* the presale contract address! If you send funds to the above address it will result in the complete and unrecoverable loss of your funds!

Total supply: 108, 250

Team tokens: 4,805
○ 2,805 for future development
○ 2,000 for marketing

Team tokens vesting schedule:
○ 100% unlock after 60 days (team tokens will be locked in CakeSafe’s “Freezer” contract)

Strategic tokens: 60,165
○ Hardcap: 1,719 BNB (~35 SAFE/BNB)

Strategic tokens vesting schedule:
○ 50% unlocked on list, 50% unlocked after 30 days (the 50% locked for 30 days will be locked in CakeSafe’s “Freezer” contract)

Public tokens: 17, 280
○ Hardcap: 720 BNB (~24 SAFE/BNB)
○ Max allocation per wallet: 5 BNB (no minimum)

Liquidity tokens: 26,000
○ 1300 BNB (~20 SAFE/BNB) of liquidity will be added and locked with CakeSafe upon listing.

Utility

Learn more about SAFE token here.

*Safe tokens are not intended to constitute securities in any jurisdiction. Safe tokens are a valueless governance/utility token. Any value that may be inferred is done so by free market participants and is entirely speculative with no expectations of profit or guarantees offered by CakeSafe.

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CakeSafe

The most popular liquidity locker for Cake LPs on Binance Smart Chain!