The BABY FOX Whitepaper aims to educate readers on our vision, strategy and roadmap. Below we illustrate in detail our unique redistribution mechanism. It’s an engineering achievement unheard of until now in the BSC ecosystem. We are happy to be the pioneers and are excited to showcase the new use cases that this will enable. Safemoon was the one to bring awareness around RFI and HODL rewards. BABY FOX will carry the innovation torch forward. We will share our vision with the world: the auto-claim CAKE reward mechanism.
BABY FOX is the next evolution of a yield-generating contract on the Binance Smart Chain
(BSC): you get rewarded in CAKE instead of tokens.The token contract employs a static
rewards system—15% of every transaction is split in two:
– 10% CAKE is redistributed to holders
– 5% is used to fuel the liquidity pool exchange growth
We created a unique system that auto-claims for every single holder the amount due. We call it the BABY FOX PROTOCOL.
The way it works for holders: You buy tokens and hold them, every 60 minutes you’ll automatically receive CAKE in your wallet. Not a single action is required.
Your BABY FOX tokens amount is persistent and won’t change.
Behind the scenes:
The contract keeps track in an array of all token holders
– The contract keeps an index into the array for processing
– Every transaction processes a certain number of users, depending on the transaction size
(bigger token transfers can process more, since the gas will still be proportionally less than
the value of the tokens)
– The token is based on a Dividend-Paying Token Standard, which means all CAKE the