Introduction
Cryptocurrencies can be the most valuable digital asset to invest in because it is simple to use, secure, and reduces high transaction costs.
BakeBunny is a smart contract-based cryptocurrency platform that was created on the Binance smart chain. Through autoaggregation of profits, the platform has developed several strategies to increase the wealth of its users. To boost and sustain the platform's worth, the management will release certain goods and generate some Defi blockchains.
Binance Smart Chain in brief
As you’ve seen, Bakery Bunny is created on Binance Smart Chain. To have a clear understanding, we need to know about Binance Smart Chain first. Binance Smart Chain (BSC) is a blockchain network designed for the execution of smart contract-based applications. BSC operates in tandem with Binance's native Binance Chain (BC), giving customers the best of both worlds: the enormous transaction throughput of BC and the smart contract functionality of BSC.
The platform's objective is to support developers in creating decentralised apps (DApps) and assisting consumers in managing their crypto trading cross-chain with low latency and high capacity.
Yield Farming in BakeryBunny
BakeBunny will create many LP farming pools with varying interest yields. The greater the interest returns, the larger the dangers of the collection. This allows its customers to select the LP in which they want to invest. Staking farms with high interest rates, such as BUSD-BNB, are more unstable than farms with lower interest rates, such as BAKE-BNB. The yields of the pools vary based on the period in which the asset is staked. The higher the interest yields, the greater the number of days. Assets put in the LP may lose value due to depreciation impacts.
Definition
In more detail, Bakery Bunny (https://bakerybunny.finance/) is a fast-growing decentralized finance yield aggregator that implements a protocol that allows crypto farmers to leverage their performance search inclinations to optimize performance composition techniques on the Binance Smart Chain (BSC) network. The idea is to enhance the DeFi ecosystem by providing various techniques to maximize returns and minimize investment risk.
BackeryBunny's main goal is not only to develop a platform that automatically yields for everyone but also to provide new techniques for the diverse needs of crypto farmers, from the highest yield seekers to smart investors who optimize risk and reward.
Farming and compounding with BakeryBunny
BakeryBunny provides a way to farm with your tokens, so any BakerBunny holder can farm and earn more tokens as rewards. The farm has been developed through the Blockchain network with smart contracts within the BEP-20 protocol of the Binance Smart Chain network.
These smart contracts have been created by the BakerySwap team itself with the idea that profits can be compounded and reinvested automatically. Since to date, only problems have been seen when it comes to knowing the optimal time to reinvest or composite, BakeryBunny has created this option so that the user does not have to worry about that.
Even though the details are given, the platform won't be launched and available until July 5th.
Bounty program
The project gives the opportunity to earn BakeBunny tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5342780.0), where you can access the link in order to see what are the conditions to become an early Bakery Bunny contributor and start acquiring tokens.
For more information about the project, you can visit and read their LitePaper available here (BakeryBunny_LP). You can also stay tuned in their official Telegram Channel (https://t.me/RiseProtocolOfficial). I hope you liked the post and soon I'll send you new ones.
Bounty program
In addition to the Bounty campaign, which ends on June 23rd, the project team has also announced an Airdrop campaign. Full information can be found here: https://t.me/BakerybunnyAirdropBot?start
Roadmap
February 2021
Team formed
Idea and research
March - May 2021
Bakery Bunny development
Legal setup of Bakery Bunny
June 2021
BakeBunny smart contract management implemented
Launch of website
Community building (Airdrop and Bounty)
CrowdFunding initiated
Instant token distribution to all investors/buyers.
July 2021
Liquidity listed and locked with tokens in BakerySwap and Pancakeswap
Launch of BakeryBunny Pool
September 2021
Marketing and partnership
Launch of single-asset vaulting
Launch of Cross-Chain Farming v1.0
December 2021
Arbitrage between BSC and ETH Pools Launch
Q2 2022
Investment Dashboard Launch
Q3 2022
Mobile application for Android and IOS
Social Media Links
Litepaper: https://bakerybunny.finance/BakeryBunny_Litepaper.pdf
Website: https://bakerybunny.finance/
Twitter: https://twitter.com/BakeryBunnyFin
Telegram: https://t.me/BakeryBunnyFinanceRoom
Author
Forum Username: Nangkarak
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2603367;sa=summary
BEP20 (BSC) Wallet: 0xB2e1799086A92812A25B652D20df6412E88162FF