Litecake
More Info
Carefully measure each ingredient.
Litecake
What is Litecake?
- Litecake is a community token located on the Wax blockchain that was created for players of the game Mining Network.
- Litecake currently has 2 staking pools on Waxdao where players can stake their extra BTK and LTK.
- Litecake has community voting where any community member can send in a suggestion on discord and have the chance for their idea to become a new proposal that people can vote on.
- Litecake is now technically cross chain on Eos, there are no pools currently on Eos, or any plans for one and there are also no plans for a bridge currently.
Litecake Tokenomics
More Info
Current Token Supply Breakdown
- Maximum Supply of 84,000,000 LTK
- 2 Staking Pools with 54,600 LTK each (109,200 LTK Total)
- Premint of 8,400 LTK, this was added to Alcor swap to provide starting liquidity for the project.
- (Note: This LTK/WAX LP will be left on the litecake account for the duration of this community project)
- These Pools Currently Last Until October 19, 2022 Both Pools Will be Extended the Week Before at a Currently Undecided Amount.
- Both staking pools currently have a rate of around 25 LTK per hour.
- Litecake is also on the Eos blockchain now with the exact same supply (Note: no current plans for a token bridge as of yet)
- Hopefully more to come soon 🙂
Current Allocated Supply
Total Supply
How to Use Litecake
How to Stake LTK or BTK
- 1: Go to the pool you chose to stake in with one of the links below.
- 2: Then on the Waxdao page first open an LTK Row and then Deposit 1 RAM in order to stake. (Note: This 1 Wax worth of RAM will be refunded back to the user by Waxdao, once they have unstaked all of their tokens)
- 3: Next enter how many LTK or BTK you want to stake and then press stake now.
BTK Staked
0
K+
LTK Staked
0
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Total users
0
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FAQ
1 day is the minimum staking period for every Waxdao pool. This means that each time you stake it will take 24 Hours until you can Unstake your tokens.
Waxdao requires each user to stake 1 Wax worth of Ram in order to prevent spamming to the contract and an overuse of resources. After you unstake all of your tokens this Ram gets refunded to the player by Waxdao
Unfortunately whenever you vote for a proposal it locks your tokens in the pool until the vote is over.
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