The first automatic rebasing token that is programed to keep the chart constantly in an uptrend and also provides CAKE rewards to holders!CakeUp is a price-elastic tokens with an adjusting supply. Rebases make price-elastic tokens into synthetic commodities with fluctuating values and supplies that gradually stabilize. Ultimately, rebases are designed to be tradable and potentially extremely profitable.CakeUp is the first Rebase token to bring Cake rewards as an additional incentive to hold and earn.Introduction1CakeUp - Official Whitepaper
CakeUp is an elastic supply token, this means that the total supply of the token is changing.Supply and price changes happen every now and then and they are called “Rebases”. Rebases will push the price to a rising price peg by burning supply. It looks something likes this:
Rebase is called- > Overall tokens in the ecosystem decreases (including tokens in your wallet) - > The price of the token is bumped up - > Overall value of your holdings remain the same.The decrease in tokens is offset by the increase in price and the total value of your holding is unchanged. You will still own the same % of the total token supply as before the rebase.It is important to note that rebases DO NOT affect the actual value of your holdings. 2CakeUp - Official Whitepaper
