# ChainCade Token

## Stats

### Launch Date

July 9, 2021

### Bep-20Token

Launched on Binance Smart Chain and available to trade on [PancakeSwap](https://pancakeswap.finance/swap?outputCurrency=0x2ffee7b4df74f7c6508a4af4d6d91058da5420d0) & [Flooz.trade](https://chaincade.com/get-chaincade.html).

### Total Supply

1,000,000,000,000,000\
1 Quadrillion (50+% burned)

## 1% Tax on Transactions

Using DeFi protocols, the tax on transactions is used to benefit the longevity of the project and further progress towards it's goals.

#### Holder Redistribution 

Every holder of ChainCade token earns passive rewards through static reflection, no staking required. The "burn address" also receives the redistribution, acting as a deflationary mechanism and decreasing the total supply over time.

### Team Tokens

3 Team members received 1% supply (1,000,000,000) each with no vesting period, along with 4% towards initial promotion and upstart cost, totaling 5%.