About BakedBTC
Baked BTC is a decentralized application built on the Binance Smart Chain. The object of the game is to hire more chefs sooner and more often than other players. This in turn earns you more BTC faster. These Chefs work for you tirelessly, giving you a daily average of 8% of your chefs’ value. The daily percentage return depends on players’ actions that are taken within the platform that impact the chefs’s efficiency rate. The chef efficiency rate rises and falls as users buy Chefs, re-hire your earnings and sell your Chefs for BTC.
Baked BTC has several anti-dumping and anti-whale measures in place to ensure the longevity of the project. These measures include maximum deposits, as well as a cutoff time AND a cooldown time for withdrawals. The cutoff time is the amount of time it will take for your “cart” to be full of rewards. Once the bag is full, it will stop filling until you’ve taken some action in the game. This is to prevent whales from letting their rewards accumulate for a long time, and removes the false impression the contract value is going up when most of it is rewards the whale is waiting to withdraw at once. The withdraw cooldown time is the amount of time one has to wait before they can make another withdrawal. This also prevents the contract balance from decreasing in value too fast.
HOW ARE WE DIFFERENT FROM OTHER MINERS
The compound count is the number of times the user has compounded. By default, the required compound count by the platform is 5, meaning the user will have to compound 5 times(compound once every 12 hours) before they can withdraw without the feedback tax of 60%. This feature in essense will ensure the longevity and stability of the project. To reward users who compound, there is a bonus when you re-hire your daily chef earnings instead of selling them.
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