Who doesn’t love a piece of cake on a pleasant evening? Certainly, we at Satoshi club love beautifully made cakes enlivened with cream layers – the bliss!
The best cakes are made with the finest tools, you would agree. Ever wondered how those delicious bundles of goodness get so perfectly crafted that it takes you to the clouds and leaves you nesting in their silver lining?
Although responsible for putting together such a masterpiece of flour and more, cake tools are not praised enough for the work they do. Without cake tools, we will not have our heavenly experience when we take a bite of cake. Even more than cake tools that create beautiful results that take you to the moon, we have discovered Cake Tools, a beautifully structured platform that takes you to the moon. If you would rather be on the moon than on the clouds, then Cake Tools is for you.
Don’t get lost in the oven please! Cakes give a brief moment of bliss but Cake Tools offers a lifetime of bliss earned from making guided decisions. You might already start wondering what sort of project Cake Tools is. We wouldn’t want to leave you guessing so let’s get right into learning about this great project.
Let’s Get on it Already! What is Cake Tools?
Cake Tools is one of those projects you will call revolutionary. Having taken ample time to study the trends in the cryptocurrency market, the Cake Tools team came up with stunning ways to improve the crypto economy. Cake Tools offers a wide range of services to investors in the Decentralized Finance space, popularly known as DeFi.
The problems of high transaction fees and limited tools for an adequate analysis of the market are not new in the cryptocurrency industry, and Cake Tools hopes to solve that problem. The DeFi biased project is set out to tackle the many challenges plaguing the DeFi ecosystem like high gas fees and more often than not, lags in transactions. In the middle of trying to find answers to all these problems, Cake Tools discovered that the Binance Smart Chain, a favorite of many crypto traders and enthusiasts, can be more useful to the crypto space if it can help solve these many problems.
It is this discovery that led a few brilliant and passionate individuals to come together and create an exceptional product called Cake Tools. Cake Tools gives crypto investors an opportunity to make much more money from cryptocurrency projects than they are currently making now. Wondering if this is achieved? Easy! By offering smart tools that investors can use to analyze the market at any time.
Do you believe us now when we say cakes give a brief moment of bliss but Cake Tools offers a lifetime of success? Let’s see some huge opportunities and exceptional features of Cake Tools.
Market Opportunity
It is no news that the cryptocurrency market is one financial industry in the world that offers more potential for wealth generation. It is not a regular money market with middlemen or other centralized management. We assume this is the reason the market capitalization of the cryptocurrency market has constantly increased. More funds are added to the market as we witness the launch of more cryptocurrency projects and products.
Similarly, because of the wide range of working goods and asset classes that encourage investment, the Decentralized Finance (DeFi) ecosystem shares a significant portion of the money flow. Imagine that, so much cash in the crypto space! It’s important to note that Decentralized Finance (DeFi) did not simply break through the positive trend line like a coin on its way to the moon. Rather, it has been undergoing significant growth in recent years, particularly during the times of Initial Coin Offerings (ICOs), when it was used to raise seed funding for new cryptocurrency ventures.
DeFi today is the result of many years of creativity and tenacity. It just serves to prove that the DeFi ecosystem is still on the rise as the cryptocurrency economy continues to grow in market value. Perhaps if we look intently at the sky we could spot the DeFi ecosystem steadily maneuvering its way to the moon amidst the turbulent winds in the atmosphere. Hope you didn’t get lost in all that imagination.
Products of Cake Tools
Cake Tools contains many features that come together to form the elements and products that are offered by this project. The use of these attributes or elements of Cake Tools when they are needed goes a long way in helping DeFi traders to make informed choices even when the market appears uncertain.
Here are some of the elements and products that Cake Tools is leveraging to ensure a perfect and hassle-free trade of DeFi assets that are listed on Binance Smart Chain decentralized exchanges:1.
1.Token Browser
Cryptocurrencies have created more opportunities in the real and virtual world. One of the notable inventions in the crypto space is the Brave Browser which is the dedicated web browser of the Basic Attention Token (BAT). Cake Tools has brought something even better by making available a Token Browser. The new Cake Tools Token Browser doubles as a web browser and a mean to search for your coolest DeFi assets and crypto tokens.
2.Wallet Tracker
With Cake Tools, you can track cryptocurrency portfolios via their Wallet Tracker tool. It is included on the Cake Tools platform so you don’t need to worry about shuttling multiple platforms to get the job done. Because any successful investment starts by monitoring your risks, you will find this particularly useful.
3.Whale Browser
The whale Swap feature allows you to be the first to know when a whale comes into the market. It reveals large amounts of DeFi asset swaps. With this data, you can decide better when to enter or exit the market, which totally depends on the type of swap involved.
4.Automatic Market Maker Aggregator
When asked what are the two most loved Automated Market Makers, or AMMs, on the Binance Smart Chain, you will most likely mention PancakeSwap and BakerySwap. These two AMMs came at a time when people needed rescue from the suddenly ridiculously priced UniSwap. Just like a large number of DeFi investors and traders out there, the reason why you love these AMMs is their low trading fees.
Cake Tools has made using these AMMs even better. With Cake Tools, you can instantly swap or aggregate crypto tokens from both the BakerySwap and PancakeSwap AMMs. This implies that you can manage your engagements with both PancakeSwap and BakerySwap all on the Cake Tools website. You can also search, view, and get data on the crypto tokens that are trading on both AMMs.
5.Real-time Chart
Trading DeFi assets on DEXs can be very fast but you could miss out on important features like real-time data transmission. Cake Tools is the first BInance Smart Chain DeFi project to achieve this. Cake Tools provides real-time data transmission and real-time charts. This takes out the frustration of trading without understanding the direction of the crypto market.
6.Live Price Notification
By enabling Live Price notification, Cake Tools makes it possible to monitor current market valuations of particular crypto assets and the crypto market as a whole. You can also follow up on the value and price of crypto assets with the Live Price feature.
Cake Tools Token
Gifting cakes is one of the sweetest ways to show you love someone. Cakes are not just mere food items, on the right occasion, they can be a token of love. Cake Tools doesn’t give cakes to its users, that would have been a sad story if it didn’t offer something quite amazing – CKT. CKT is the native crypto token of Cake Tools. CKT is used for most of the many financial activities on Cake Tools. CKT does not serve as the principal financial asset of Cake Tools, it is used for other purposes. Cake Tools is bent on developing it to become one of the most functional DeFi tokens that will beat other DeFi assets when it comes to how it functions.
Unlike most of the other DeFi tokens, which function primarily as words on a page with no real-world usage, the CKT token has a unique set of applications. The most notable feature is that it will be used as the financial tool that will allow the Cake Tools DApp to be unlocked once it is complete.
Token Metrics and Allocation
With a 24-hour trading volume of 54,688.92 USD, the current Cake Tools price is 0.061559USD. CKT is listed on Binance Smart Chain with a total supply of 150,000,000 CKTs.
Understanding the need to build a strong system, the development aspect of Cake Tools got the highest allocation, about 28 percent of the total supply of CKT. The rest of the tokens were allocated thus: 10 percent of total supply went to Private Sale A and 15 percent to Private Sale B. That is not all 5 percent of the total supply was awarded totally to advisors, 10 percent was allocated to CKT rewards, 1 percent was allocated to public sale, and finally, 2 percent to the listing.
Road map
Partners
Coin Tools Membership Plan
Cake Tools is much more than a Binance Smart Chain charting and tooling tool. It’s also an ecosystem that creates, develops, and distributes the tools you’ll need to make critical trading choices, particularly in the Decentralized Finance (DeFi) market. To achieve this, Cake Tools launched the Cake Tools Membership Plan to assist DeFi investors who wish to be the first to know about crucial market updates.
It’s worth noting that the Cake Tools Token (CKT) is the primary payment method of Cake Tools. This is one of the best decisions made by the Cake Tools team as it is a fantastic way to boost the CKT token’s value as a DeFi token.
Currently, the Membership Plans offered by Cake Tools is divided into three segments so that the interests and financial capacities of different DeFi investors can be accommodated. However, there are promises by the Cake Tools team to come up with more exclusive offers. Here are the Cake Tools Membership Plans available today:
1.Basic Membership Plan
As basic as it sounds, the basic membership plan is for new users and those who are not sure they can fully trust but want to give it a try. Having access to the basic membership plan is easy and the subscription is free! You don’t even need to hold the Cake Tools Token (CKT). Users of this plan are entitled to bookmarks, pair and pool explorer, live chart, multiple swap interface, stable coin pairs, and whale coin explorer.
2.Ultimate Membership Plan
This is the Cake Tools Membership Plan’s first paid option. There are ultimatums to qualify for the Cake Tools Ultimate Plan. The first way you can earn the ultimate status is by owning at least 15,000 CKT. The alternative is that you have to make a monthly deposit of 65 USD in USDT or 100 USD in CKT. This monthly payment serves as your subscription fee. The benefits of subscribing to the ultimate membership plan include learning about trade positions that suit you, CKT bot, wallet information, trade analysis, no ads, and price alerts.
3.Boss Membership Plan
This one is for the bosses. So if you consider yourself one of those who should look up to, this is likely the Cake Tools plan for you. The Boss Membership Plan is the most senior membership plan in Cake Tool’s universe. It contains the most interesting features to make trading easy for DeFi traders. To access the Boss membership plan, you need to hold at least 75,000 CKT. Some features of the boss membership plan include unlimited for best paid and CKT rewards. This plan also comprises all the features of the basic and ultimate plan.
Communities
Cake Tool’s Website
Read up all you need to know about Cake Tools, get started with this amazing tool, and launch your way to easy trading and monitoring just by visiting the Cake Tools website.
Cake Tool’s Telegram Community
Join the discussion and connect with more Cake Toolers on the Cake Tools telegram page.
Cake Tool’s LinkedIn Page
Follow Cake Tools on LinkedIn and stay up to date with the latest updates on Cake Tools on Cake Tools LinkedIn Page
Cake Tool’s Medium Page
Read up all you need to know about Cake Tools on Cake Tool’s Medium Page.
Cake Tool’s Twitter Page
Join Cake Tool’s Twitter community here.