GeishaWhisper
Sat Jul 13 2024
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7 answers
1298
Is cake a hard capped token?
As a cryptocurrency and finance practitioner, I often encounter various types of tokens. One question that frequently arises is whether a particular token has a hard cap. Now, let's consider the specific instance of "cake" tokens. Is "cake" a hard capped token? By definition, a hard cap refers to a maximum limit set on the total amount of a token that can be issued or sold during a fundraising event. Does the "cake" token have such a limitation? This is crucial information for investors to understand as it directly impacts the token's supply and potential value. Let's delve deeper into this question to gain clarity.
