RAKE is a deflationary token to
maximize yield farming with locked liquidity.
Maximum supply: 7500 RAK
APY from 100% to 400%
RAKE is a deflationary token that is designed to maximize yield farming, while the protocol builds a vault with locked liquidity forever, and 90% of all yields from liquidity mining will be used to buy back RAK on active Uniswap market, and pay the reward on RAK tokens. On the other hand, every 2 months, there will be a distribution of 200 yCAK for RAK holders, proportionally to their balance, up to 800 yCAK. There will be a maximum of 2300 yCAK tokens in circulation.
Farm your LP tokens WETH/RAK LP and USDT/RAK LP. APY from 100% to 400%.
The protocol buys back RAK tokens on Uniswap exchange to reward users who are in farming mode.
All RAKE liquidity provider tokens are locked. Once is staked your LP and RAK tokens it’s impossible to liquidate these assets. It’s a vault that is designed to protect your investment.
LP and RAK tokens
Stake your assets
LP and RAK tokens
Total supply = 7500 RAK
Pre-sale = 5000 RAK
Farming: Buyback + 1800 RAK
Uniswap: 700 RAK
Min. invest = 0.1 ETH
Total supply = 2300 yCAK
Pre-sale = not available
Farming: Buyback + 1400 yCAK
Uniswap: no available on 2020
There is no Pre-sale of yCAK
The 90% of yields from liquidity mining will be used to buy back RAK on the active Uniswap market.
All LP/RAK tokens are locked. Once is staked your LP/RAK tokens it’s impossible to liquidate the assets. It’s a vault that is designed to protect your investment from whales dump.
Listing and development
The 10% of yields from liquidity mining will be used for additional listings for RAK and yCAK tokens, marketing, and development.
Distribution of yCAK tokens
Every 2 months will be distributed 200 yCAK tokens to RAK holders, in total would be 800 yCAK (35% of total supply), proportionally to their balance. There will be a maximum of 2300 yCAK tokens in circulation.
2020 Q3: Rake Finance website development.
2020 Q3: Start of Rake Finance Pre-sale.
2020 Q4: Listing of RAK on Upbit, MXC, Hotbit, Uniswap + Secret TOP Exchange.
2020 Q4: Listing of RAK on CoinMarketCap, CoinGecko, CoinPaprika, WorldCoinIndex, and more.
2020 Q4: PR in major cryptocurrency media.
2020 Q4: Marketing through Google AdWords.
2020 Q4: Launch of Rake Finance APP.
2020 Q4: Listing on TOP 10-15 CoinMarketCap Exchange.
2020 Q4: Advertising on CoinMarketCap.
2020 Q4: 1° Distribution of yCAK tokens.
2021 Q1: Integration of yCAK into the platform.
2021 Q1: Listing of yCAK at Hotbit and others exchange.
2021 Q1: Listing of yCAK on CoinMarketCap, CoinGecko, CoinPaprika, WorldCoinIndex, and more.
2021 Q1: Advertising on CoinMarketCap, CoinGecko and Etherscan.
2021 Q1: 2°, 3°, and 4° Distribution of yCAK tokens.
2021 Q2: Exchange listing of RAK and yCAK tokens.
2021 Q2: 5° Distribution of yCAK tokens.
2021 Q3: Advertising on CoinMarketCap, CoinGecko and Etherscan.
2021 Q4: More steps will be added according to the needs.