What is Defi?
Defi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities, we can build exchanges, lending services, insurance companies, and other organizations that don’t have an owner and control by anyone.
What Is Yield Farming in Decentralized Finance?
Yield cultivating is an approach to make more crypto with your crypto. It includes you loaning your assets to others through the enchantment of PC programs called brilliant agreements. As a trade-off for your administration, you acquire charges as crypto.
Yield cultivating likewise alluded to as liquidity mining, is an approach to produce prizes with digital money possessions. In basic terms, it implies securing digital forms of money and getting rewards.
What is Bakery Bunny Finance?
This is a Defi established to assist crypto users to achieve their goal of maximized yield earnings. It has developed some techniques to sanction the needs of investors through yield aggregation techniques on BSC. They target at improving the Binance Smart Chain on Defi ecosystem by optimizing the investors yields at a low fee and reducing the risks in the system.
BakeBunny is managed by a team of crypto enthusiasts and blockchain developing specialists that have promised to build a safe and transparent platform that will prove the level and worth of the management team. The team is based in Otanhio Canada.
The platform was built on smart contracts with auto machines that reinvest and compound investors funds automatically at a reduced gas fees.
What is BakeryBunny Token?
Bakabunny platform has a unique cryptocurrency that is utilized in all activities in the community. Its holders are given preferential shares of the proceeds from the platform and also take part in the governance of the ecosystem. The token is coined through smart contracts and can be swapped at Bakeryswap at a low fee.
16 million BakeBunny tokens will be supplied for the project. It will be allocated as follows;
Liquidity and pools 45%
Community airdrop and bounty 5%
Marketing and promotions 4%
Developers and team 5%
Crowdfunding 40%
Operations 3%
Crowdfunding
The Bakebunny crowdfunding is live now and allocated 6,400,000 to be sold in the program. It can be purchased with BNB(BSC) tokens from the investor’s personal wallet like Metamask trustwallet, safepal etc.
The tokens are sent immediately to the investor’s wallet once payment is confirmed.
After the crowdfunding sales, Bakebunny Liquidity is added and locked and unsold tokens are burned. The crowdfunding sales payment can be made at 0x3bA36bbF80cDC1c431aDfE924A2EfDA95fF7101F
BakeBunny Farms
BakeBunny has LP farms with different risks depending on the yields of the LP. Staking farms like BUSD-BNB, that have high interest yield are more volatile than farms like BAKE-BNB with lower interest yields.
Investors are faced with the risk of losing the assets deposited on Bakebunny farm due to depreciation of the assets value. The interest yield of assets deposited in the farming LP is determined by the number of days the deposited asset stays in the LP. The longer the period of time the more the asset grows.
When investors place a claim of profits from their investment on the LP, 70% of the demand is paid in the values of the compounded farm LP tokens and the remaining earnings are settled in BakeBunny.
BakeBunny fees
Any investor that wants to withdraw funds deposited in the farming pool within 48 hours of deposit will pay 0.4% withdrawal fee. This charge will help to prevent fraudulent individuals from exploiting the community and also keep the activities on the platform uninterrupted.
Investors who wish to withdraw earnings from the farming pool will be charged a 30% fee. This fee is utilized to reward BakeBunny stakeholders.
Roadmap
These are sets of procedures that are involved in the establishment of Bakebunny platform, and which the team has promised to adhere strictly on.
February 2021
Formation of team, ideas and Researches.
March — May 2021
Bakery Bunny Development
Bakery Bunny Legal Setup
June 2021
Institution of BakeBunny Smart Contract Address
Website launching
Community building (Airdrop & Bounty)
CrowdFunding Started
Instant Token distribution to all Investors/Buyers
July 5th 2021
Token Listed & Locked liquidity on BakerySwap & Pancakeswap
BakeryBunny Pools Launch
September 2021
Marketing & Partnership
Single Asset Vault Launch
Cross Chain Farming v1.0 Launch
December 2021
Arbitrage Between BSC and ETH Pools Launch
Quarter 2, 2022
Launching of Investment Dashboard
Quarter 3, 2022
Mobile App for Android & IOS
Conclusion
Bakebunny platform is a unique Defi platform built on Finance Smart Chain blockchain. It has unprecedented features that will help to optimize the yield expectations of the crypto users. Bakebunny is projected to take a leading role in the cryptosystem and attract more investors to the crypto world.Can you find a better project than this? Let me know below.
For information visit our site
Twitter: https://twitter.com/BakeryBunnyFin
Telegram: https://t.me/BakeryBunnyFinance
Github: https://github.com/BakeryBunnyFinance
Reddit: https://www.reddit.com/user/BakeryBunnyFinance/
Media: https://bakerybunnyfinance.medium.com/
LITEPAPER: https://bakerybunny.finance/BakeryBunny_Litepaper.pdf
Author
Bitcointalk name: Sempor
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2887615
Telegram Username: @devilbtc17
BEP-20 wallet Address: 0xd4bfdc964e9e02a33cab2ac4e13d8053b9ab3858