Yield Aggregators are playing a major role in the yield farming by leveraging different DeFi protocols with huge strategies to maximize profits for users. The yield farming process usually requires locking or staking of funds, providing a certain ROI in return. The subject of this article is the project called Bakery Bunny which is a new and quickly thriving DeFi yield aggregator that is utilized for Bakery Swap.
Bakery Bunny
Bakery Bunny is a new and one of the fastest growing DeFi results aggregator used for Bakery Swap. The Bakery Bunny protocol empowers crypto farmers to leverage their harvest-seeking propensities to optimize the profitability of BSC compounding methods. Bakery Bunny also provides methods for the various needs of crypto farmers, from the highest yield seekers to optimize the risk reward of prudent investors.
The team of the project strives to develop a platform that automatically aggregates results for all individuals, both small and large investors. Bakery Bunny's goal is to improve the DeFi ecosystem, especially in Binance smart chain, by providing users with multiple methods to maximize returns while minimizing risk for all investors. The farms of the Bakery Bunny have been designed for individuals using smart contracts to automatically pool and reinvest on behalf of individuals.
Why Bakery Bunny ?
APY is calculated by combining, it cannot be calculated linearly. The more users keep tokens on the Bakery Bunny farm for a longer period of time, the more assets will grow exponentially. Bake or LP tokens are used from Bakery Swap. The results are automatically calculated via Bakery Swap. Bakery Bunny is printed through the project's smart contract. When investors meet the profit requirements within a specified period of time. The profit of 30% is calculated in $BNB equivalent, and for every 1 BNB the user receives 20 Bakery Bunny Tokens. Swap Percentage is an analysis that is based on the swap fee that the liquidity provider receives each time the pair swaps.
From the LP token its value increases, which leads to an increase in the percentage of users portfolio. The interest rate is obtained through the Bakery Swap API. Bakery Bunny have established a commission of 0.4% for withdrawing funds from its Farm. Withdrawals that occur within 48 hours of making a deposit structured the fees to keep the ecosystem running smoothly and to prevent possible exploitation by those acting in bad faith. For example, if there is no 0.4% withdrawal fee within 48 hours, users can continue to deposit immediately before compounding and withdraw funds immediately after compounding and still receive the same benefits and stable long-term holders.
Bakery Bunny Token
The Bakery Bunny token is basically governance token. Bakery Bunny Holders or Investors will be part of its ecosystem and receive a high percentage of the value of the farm's productivity. So the holders and investors of Bakery Bunny token keep the Bakery Bunny ecosystem running smoothly.
Bakery Bunny LP Farms accept various acceptable risks for its users. An increase in APY usually implies greater volatility in the price of the underlying asset token. For example, BUSD-BNB has a much lower composite APY much lower than BAKE-BNB because BUSD is a dollar-pegged stable coin and does not experience volatility.
More Information About Bakery Bunny :
Website : https://bakerybunny.finance/
Twitter : https://twitter.com/BakeryBunnyFin
Telegram Channel : https://t.me/BakeryBunnyFinance
Telegram Group : https://t.me/BakeryBunnyFinanceRoom
Github : https://github.com/BakeryBunnyFinance
Reddit : https://www.reddit.com/user/BakeryBunnyFinance/
Medium : https://bakerybunnyfinance.medium.com/
LitePaper : https://bakerybunny.finance/BakeryBunny_Litepaper.pdf
AUTHOR
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