I am sure that each of you wants to receive passive income and not spend too much time on this type of income. Do you often come across such areas where you will get pleasant rewards by investing your existing capital? I think not. As practice shows, many of these areas spend either a lot of your time, or money, or knowledge, which unfortunately many of us do not have.
But what do you say when I tell you about a very interesting way to earn money on the blockchain? Which almost every one of you has access to? Intrigued? If Yes, then read my review to the end. After all, right now I want to introduce you, my dear reader, to a cool decentralized platform Bakery Bunny.
About Defi Non-Fungible
Bakery Bunny is a new and fast-growing Defi results aggregator used for BakerySwap. The BakeryBunny protocol empowers crypto farmers to take advantage of their yield-seeking tendencies to optimize yield compounding techniques in BSC. Bakery Bunny provides techniques for some of the needs of crypto growers from the highest yield seekers to smart investor reward risk optimization.
Their farms have been developed for individuals through smart contracts to automatically combine and reinvest crops on behalf of individuals. Compounding in BakerySwap is difficult to know the optimal frequency and time of when to compound and reinvest your harvest.
BakeBunny does all this for you plus saves on gas costs.
Benefits
BakeBunny LP Farms takes a different risk tolerance for BakeBunny users. An increase in APY usually implies more volatility in the price of the underlying token. For example, BUSD-BNB has a much lower compound APY than BAKE-BNB, because BUSD is a stable coin that is pegged to the dollar and does not experience volatility.
Blockchain risk is a decrease in the financial value of the assets stored, be it in BNB, BAKE, etc. For example, BNB can be $400 when you deposit and $350 when you withdraw which implies a special risk.
How to Assume % Daily Profit from BakeBunny Farm? APY is calculated through the join, can not be calculated linearly. The more you keep your tokens on our farm for a longer period of time, the more your assets will continue to grow exponentially.
Bake or LP tokens are all used from BakerySwap, we automatically aggregate results via BakerySwap.
Where did BakeBunny come from? BakeBunny is printed through our project smart contract. When users/investors execute Claims on their profits in a particular Pool, they receive 70% of the value of profits in their respective auto-combined farm tokens and receive 30% of the value of profits in BakeBunny. The 30% profit is calculated in $ equivalent of BNB, and for every 1 BNB, the user gets 20 BakeBunny.
Swap percentages are an analysis based on the swap fees that liquidity providers earn each time someone trades a pair. This reward goes into the LP token itself, resulting in its value increases, which on the reels results in your percentage increasing. The percentage rate displayed is obtained via the BakerySwap API.
What is the BakeBunny Fee Structure?
Withdrawal Fees: BakeBunny has set a 0.4% withdrawal fee from our Ranch only for Withdrawals that occur within 48 hours of a deposit. BakeBunny arranges these fees to keep the ecosystem flowing smoothly and to prevent possible exploitation from individuals acting in bad faith. For example, if there is no 0.4% withdrawal fee within 48 hours, one can continue to deposit right before compounding occurs and withdraw immediately after and nevertheless reap the same benefits and sustainable long-term holders.
Performance Fee: When you choose to Claim profits from a pool, a 30% performance fee is collected to reward BakeBunny shareholders. In return, all pools are rewarded with BakeBunny tokens. For every 1 BNB in fees collected, 20 BakeBunny is rewarded.
Token
BakeBunny Token is our native governance token. BakeBunny holders/investors govern our ecosystem and receive a high percentage of farm performance cost benefits. When holding/staking BakeBunny tokens, ensure the BakeBunny Ecosystem runs smoothly.
►Roadmap
Quarter 1,
Febuary 2021
Team Formed
Idea & Researches
March — May 2021
Bakery Bunny Development
Bakery Bunny Legal Setup
June 2021
Deployed BakeBunny Smart Contract Address
Website launched
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
Investment Dashboard Launch
Quarter 3, 2022
Mobile App for Android & IOS
►Conclusion
In general, this is not a new problem, but there are not many projects that are really serious about this field. Through BakeryBunny I hope the project will bring more good things than the initial expectation, to me BSC is really showing its strength and position in this market and developing in the right direction is also very important as field in capacity I think it would be appropriate for a new project to receive success.
► For more information please visit links below:
◾ WEBSITE: https://bakerybunny.finance/
◾ LITEPAPER: https://bakerybunny.finance/BakeryBunny_Litepaper.pdf
◾ TWITTER: https://twitter.com/BakeryBunnyFin
◾ TELEGRAM GROUP: https://t.me/BakeryBunnyFinanceRoom
◾ TELEGRAM CHANNEL: https://t.me/BakeryBunnyFinance
►Author
Bitcointalk username: Core2ext
Link to the profile: https://bitcointalk.org/index.php?action=profile;u=2645250
BEP-20 address: 0x35FDe788c0972C600F845e6B827BA5d8a0bB5b5a