Marblecake — Next-generation DeFi solutions and yield standards.

LION KING
6 min readApr 8, 2022

--

DeFi, or Decentralized Finance, is a significant component of the bitcoin sector. Since 2020, it has been booming. DeFi has already begun to disturb the financial technology underpinnings. Smart contracts are the foundation of DeFi. It offers a new level of security, autonomy, transparency, and privacy that traditional finance cannot. Decentralisation may be seen in non-custodial trading, transferring, and staking.
This article is about a startup called Marblecake that hopes to cater to this growing market as large groups of retail investors enter the DeFi business in the coming years.

What is Marblecake ?

Marblecake is a company that creates Decentralized Finance services. The project develops cryptocurrency trading, farming, and staking solutions, as well as tokenized assets such as tokens attached to real-world underlying assets. To lower transaction fees, Marble Cake distributes its products on the Binance Smart Chain. The project will then integrate with other blockchains such as Polygon, Avalanche, and others.
Marble cake will only be deployed on low-cost blockchains in order to allow trade with low costs, safe transactions, and fast speed. Through the use of decentralized protocols, Marble Cake gives consumers the maximum privacy, autonomy, and agility. Users can trade, stake, or pool funds at their leisure without having to register or log in to the platform in any manner. It is sufficient to just connect a wallet.

Future Plans and Goals :

In addition to providing high-quality DeFi tools, Marble Cake strives to fulfill the following objectives:

  • Reach out to new DeFi investors.
  • Simplify access to crypto-assets and trade .
  • Improve product tool security .
  • Widespread use of DeFi products.
  • Marble Cake sees enormous potential in creating outreach programs to increase crypto adoption and so generate new user segments, given that a substantial section of the world’s population is not yet on the blockchain.
  • Develop high-yield protocols that eliminate the need to sell a token in order to lock in profits.
  • Include automated yields.
  • Long-term holdings with guaranteed interest payments.
  • Scarcity hard-coded through burn-mechanism.

Features :

Marble cutlet is a decentralized fiscal ecosystem furnishing answers for a wide range of requirements. As the design evolves, further features will be added.

  • DEX (The Core) : The AMM (Automated Market Maker) DEX is at the heart of the platform (Decentralized Exchange). Marblecake’s DEX is a Uniswap fork and an independent program on the Binance Smart Chain. Users that act as liquidity providers, or LPs, earn 0.17 percent on each trade they put in the pool by providing liquidity. LPs receive Marble-LP tokens when adding token pairings. These tokens can be liquidated, and the user receives both the tokens he initially gave plus the money gained during the pooling period. The DEX communicates with the blockchain in a non-custodial fashion.
  • Transaction Fee : Trades on Marblecake incur a 0.25 percent LP penalty. The fee is divided into two parts: 0.17 percent is paid to liquidity providers and 0.08 percent is paid to Marblecake’s treasury fund. Network costs fluctuate, however on BSC, they are often in the $0.18 level. When DEX expands to Polygon and other networks, fees will become more cheap. Marblecake’s DEX relies on third-party liquidity provided by Liquidity Providers, or “LPs,” who receive 0.25 percent commission on each transaction conducted inside the pool to which they have submitted pairings.
  • Platform Security : To improve its security, marble cake devises numerous strategies.
  • Smart contract audits are performed on a regular basis.
  • Implementation of a stinging monitoring system to identify abnormal transactions, such as suspiciously large volume transactions, high-frequency transactions in a short period, and malevolent whale behavior.
  • Contracts can be halted if the system encounters a mistake or anything similar.
  • API Access, Staking, Launchpad, Lending, and aCross-Chain Bridge are some of the features that have yet to be enforced but are planned for Marble Cutlet.

Marble Token :

MARBL is the native token of the Marble cake ecosystem. It will be issued as an IDO and will be tradable as soon as it is available.

MARBL tokens have the following main characteristics:

  • • Farming rewards: There will be several farming pools. Liquidity providers will get an amount of Marble equal to the entire amount of liquidity they added.
  • • Governance: Marbleholders will be able to change the qualities and features of the Marble cake environment in the future.
  • • Launchpad: To participate in forthcoming initiatives on the Marble cake launchpad, a holder must lock a certain amount of MARBL to harvest lottery tickets.

Marble tokens will also play a vital role in the growth and extension of the Marble cake ecosystem in the future.

Marble-LP :

Marble-LP is the DEX’s LP token. Marble-LP tokens are awarded to users that pool liquidity on the DEX (liquidity providers). LP tokens, like BEP-20 tokens, can be transferred from one wallet to another at the holder’s discretion. It should be noted that a liquidity provider is required to maintain the LP token in order to liquidate the pooled pairs.

Yield Tokens :

Yield tokens are technology that generate money for their owners on an ongoing basis. This is achieved by combining burn mechanisms with an advantageous pricing structure. The fee structure is supported by a transaction fee that is granted to holders as well as the protocol itself, while also restricting the quantity of tokens in circulation, generating scarcity and favorably influencing the price.
Holders of yield tokens will simply pay a transaction fee and will thereafter earn interest passively. This sets it apart from other tokens in that it is never required to sell the token in order to lock in a profit.

Tokenomics :

Marble completed its first IDO in February 2022. The project will launch the second phase with a second crowdsale in Q2–2022, with funds going for liquidity provisions on PancakeSwap and the native DEX, as well as marketing and development.

Native token: Marble Token
Genesis supply: 1,000,000,000
2nd Crowdsale Soft Cap: $500,000

Funds allocation
• Liquidity Pool (67%)
• Marketing (23%)
• Development (10%)

Marble token allocation
• 80% allocated for the community (available to the public)
• 10% Founders
• 10% Treasury

Token Address: 0x7C4DCc15fCaa5e0B7DefE55F1fFF2442057cEb8B
Network: Binance Smart Chain
Token Supply: 50,000,000 MARBL
Soft Cap: $500,000

Roadmap :

Conclusion :

MarbleCake looks to be a major revolutionary effort in the Defi Sector. It has the power to grow. It has distinguishing characteristics that set it separate from other Defi initiatives. Its mission of anonymity, agility, and autonomy is boldly stated. Because so many things are about to be introduced in this project, getting in early can be quite beneficial. Increasing the features will also increase the worth of Marblecake! So it’s a good idea to buy and hold it while also adding it to your watchlist.

More Info :

Website: https://marblecake.exchange/
Whitepaper: https://marblecake.exchange/wp-content/uploads/2022/03/marble_whitepaper_march2022.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5389330.0
Telegram: https://t.me/marblecakedex
Twitter: https://twitter.com/marblecakedex
Reddit: https://www.reddit.com/r/marblecakedefi/
Discord: https://discord.gg/fXptUmYu8f

Author

Forum Username : cryptopathum
Froum profile url : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram username : @pathumbitcoin
BSC Address : 0x88c058389C0eaB00a3516273245C50Ca5141A34e

--

--

LION KING
LION KING

Written by LION KING

Review ICO, IEO, Exchange Contact Info: I like writing articles all days.it is my favorite hobbie.thank you.

No responses yet