BucksCake - the DeFi project that was awaited

in buckscake •  4 years ago  (edited)

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Today the market offers us many crypto projects that promote new technologies, are based on interesting economic models or have a strong fundamental foundation. But not all of them solve the real problems of the real sectors of the economy. Therefore, cryptocurrencies, despite their growing popularity, are still poorly represented in the real sectors of the economy. An alternative is needed to traditional financial services representing a centralized sector of the economy.

1.BucksCake's top priority?
2.BUCKSCAKE returns control to the community
3.Ultra - Liquid
4.How are BKC tokens distributed?
5.Summary

BucksCake's top priority?

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The decentralized financial system that BucksCake offers offers fully transparent economic services based on blockchain technologies without the risk of losing your own funds.

BKC is a DeFi project capable of satisfying the demand of any user familiar with the Ethereum network. The project offers its users many opportunities to generate income safely and transparently.

The BKC system offers its users income through staking, cloud mining and profitable farming. This can be used by anyone who has access to the Internet. Earning income has never been so easy and transparent thanks to the BKC system.

The most important asset of the project's success, according to its creators, is its users. It is the project participants who are given the main role in its future success, because the creators of BucksCake will do everything to provide safe and transparent income without the risk of losing their own funds.

BUCKSCAKE returns control to the community

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Each user, in proportion to his contribution to BKC, gets control over the DeFI ecosystem. At each moment of the transfer of the BKC token, farmers receive a certain minimum percentage. This mechanism encourages long-term retention of BKC tokens and profitable farming. A total of 450,000 BucksCake will be minted. At the same time, 90,000 BKC will be burned and they will be permanently excluded from the system.

This process will generate high demand for BKC tokens, as they will never be minted again and their price will have constant and organic growth, not subject to inflation.

Ultra - Liquid

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The platform is built so that any user is interested in placing their BKC tokens on the platform. The distribution of commissions takes place in accordance with an autonomous strategy, converted into a buyback with an increase in price (ETH-BKC). Any BKC token redeemed by the participant will be returned to the stakers and farmers.

How are BKC tokens distributed?

According to the White Paper, only 450,000 BKC tokens will be issued - this is an ERC20 token, without the possibility of mining, the amount will be fixed forever. Which is a very small amount, thanks to which the demand for coins will continue to grow. In addition, 90,000 BKC tokens will be burned, which will further push users' interest in the project. BKC tokens will also be used to add liquidity to the SushiSwap and DEX platforms.
The initial distribution of tokens will take place after the presale as a one-time grant.

Profitable farming

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The main pillar of this DeFi project will be profitable farming, the so-called liquidity extraction. Excellent capital accumulation opportunity.

Users will be rewarded for providing liquidity across various pools, receiving guaranteed payouts from Uniswap fees. The amount of the reward will be proportional to the number of tokens provided for the liquidity of the pool.

You can learn more about profitable farming and understand the calculation of rates from the White Book of the project.

Summary

If you are looking for a project in which you want to increase your savings, then BucksCake is ideal for this, because your investments will pay off many times over, since the price of the token in the early stages of sales is announced at $ 2 per BKC, and the price of round 12 is $ 20 per token.

In addition, after the implementation of all points of the Roadmap, the price of the token will increase even more, since this is guaranteed by the strategy and fundamental principles of the project. This is one of the few projects without the risk of losing your own funds.

Learn More:

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Website : https://buckscake.com/
Whitepaper : https://buckscake.com/whitepaper.pdf
Twitter : https://twitter.com/bucks_cake
Telegram : https://t.me/BucksCakePublicChat

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The market is now very interesting and even if it was falling, investing in this project would be at least interesting for