Introduction
Today's traditional financial systems still use centralized databases and are usually controlled by a single central authority, making them vulnerable to multiple manipulations and monopolies. On the other hand, blockchain technology enables a new financial ecosystem with a decentralized distributed database to publicly store more records in the database. Compared to a centralized system located in one place, the blockchain ledger is constantly updated and synchronized across multiple servers by participants from the network. so that everyone can see various transactions on the network without the need for centralized authorization, and blockchain eliminates the role and dependence on non-transparent intermediary or centralized authorities. One of the foundations of today's financial system is Ethereum, where DeFi (decentralized finance) is a new trend that brings various conveniences to the world of finance through this network. One of the projects based on the Ethereum blockchain is BucksCake, a new ecosystem based on blockchain technology that is a bridge between traditional financial ecosystems and blockchain with a ready-to-use implementation after the launch of Ethereum 2.0.
What is BucksCake?
BucksCake is a new blockchain-based platform that brings value and wealth to a decentralized economy where it allows its users to use different DeFi options on one platform, their platform provides betting, profitable farming and cloud mining on one platform, where they use the ones unique algorithm. ... which minimizes the risks associated with user assets. The DeFi Exchange platform developed by BucksCake is a unique new concept created by a new decentralized financial management system where innovation is driven by various innovations in Blockchain technology which continue to create a utility focus of the much needed use cases in the Blockchain market. Thanks to a new unique algorithm, BucksCake created a new one,
BucksCake has developed a new DeFi platform that is more innovative and efficient and can be used by everyone through a user-friendly user interface using a unique concept that maximizes the potential of Decentralized Finance (DeFi), which is resistant to all kinds of inflation and manipulation. ... Their platform is specially designed to meet the basic needs of today's financial system. Providing your users with a universal platform, the use of blockchain technology changes the general understanding of blockchain technology, the unique advantages of Buckscake, such as liquidity, inflation resilience and governance, give the community control over the development of the platform itself. For more details on their concept, you can visit their official website here: https: //buckscake.com/
BucksCake privileges:
- ULTRA — LIQUID
Users are interested in placing their tokens with liquidity provider Uniswap. Commissions from these tokens are processed. This commission percentage is distributed according to an autonomous strategy, such as the liquidity of LP tokens, and is converted into a buyback (ETH-BKC) (increasing the price). Every BKC token purchased will be sent to the staker / farmer. - RESISTANT INFLATION
BKC has a strong impact on every token. Every time BKC tokens are transferred, a small commission is charged directly by the farmers. This mechanism of action promotes maintenance and agriculture. The maximum number of BKC tokens is 450,000 units. And there will never be more of them - COMMUNITY CONTROLLED
BKC holders will be able to vote on various proposals as long as they stake liquidity in the pool. The community will decide everything from developer fees and site design to access to certain farming options.
Distribution Tokens
The initial BKC will be distributed during the pre-sale event, where a portion of the ETH received will be exchanged for the BKC that delivers its first “price pump” project. After the pre-sale ends, unsold BKCs will be distributed among users as a one-time subsidy. As indicated earlier, BKC has no mining capability, the BKC limit (450,000) is fixed forever. There’s no way to release more BKCs. The part of the unsold BKC will be used to add liquidity to other DEX platforms such as SushiSwap, and some of this will be distributed as an Airdrop to the first investors and media partners and some will be burned.
Staking
and The BKC staking protocol allows users to stake ETH, USDT, DAI, USDC, WBTC, BNB (ERC20) and of course BKC using a special Staking DApp. With a 72 hour lockout period, users can immediately control their own tokens. The BKC Staking DApp can be found at: ssilka Unlike other platforms, BKC offers a fixed% return on their staked assets rather than offering an introductory high APR, which usually diminishes over a period of time. Our cuts ensure long-term stability with the current state of the token structure and a limited amount of 450,000 BKC as there are no mint terms in our token contracts.
Staking on our platform is designed to be as fast and easy as possible. With a single lockout period of 72 hours, users can enjoy the benefits of staking on our platform. Users can withdraw their funds at any time after the end of the lockout period. The prizes earned can be collected without any commission, excluding current gas prices. The token staked on our platform will reduce the available circulating supply, which will have a positive impact on the BKC price.
Agricultural produce
Yield Farming, or as some call it Liquidity Mining, is a major pillar of DeFi’s advancement in the blockchain space. Yield Farming is a way to collect income from invested funds. BKC Farming allows you to get rewarded for providing liquidity across multiple liquidity pools. Users will be given a guaranteed payment of the Uniswap commission. The amount of the prize depends on the number of tokens provided for pool liquidity. The more members who join the base, the less each member will receive in the long run. When you add liquidity to the pool, you receive UNIv2 tokens (BKC-ETH) for the wallet you use to add liquidity. This token is your access to the current farm pool on the BKC platform.
Vault Returns
User Section A: (UNI-V2 is kept by you, I contract the total balance of UNI-V2) For example if there are 9,000 UNI-V2 (BKC / ETH) tokens collected in this Vault, and the user deposits 1000 UNI-V2. The total balance of token contracts collected by UNI-V2 (BKC-ETH) is 10,000. And User A’s share now is: 1000 / 10,000 = 10% If user “B” deposits another 10,000 UNI-V2 (BKC-ETH) Tokens collected into this vault, the total contract balance of UNI-V2 collected Tokens (BKC- ETH) to 20,000. User A’s new share becomes: 1000 / 20,000 = 5% If 200 BETH2 tokens are distributed to this vault per month, User A’s earnings will be 200 x his share in% In the 5% share, his earnings will be 200 x 5% = 10 BETH2
BKC token
BKC is an ERC20 token and is used in every service available at BucksCake. The maximum supply is 450,000 BKC tokens. The tokens are deflational and the burning mechanism will destroy the tokens that are being farmed and staked after a while, leaving the last token amount (450,000–90,000) of tokens. In total, up to 90,000 tokens will be removed from the ecosystem and reports will be published in our community.
Allocation of BKC Tokens
- Pre-sales: 94,500 BKC — 21%
- Community: 135,000 BKC — 30%
- Stake: 90,000 BKC — 20%
- Key Liquidity: 90,000 BKC — 20%
- Marketing: 9,000 BKC — 2%
- Team: 22,500 BKC — 5%
- Reserves: 9,000 BKC — 2%
Key Notes
BECOME ONE OF US
Don’t lose the opportunity to buy BKCs in first rounds!
1st Round price is 2 USDT — 12th Round price will be 20 USDT.
The Exchanges will list price after Pre-sale and it won’t be less.
Only 94,500 BKCs will be sold.
Buckscake Road Map
- Q1
Pre-sale of BKC creations
Launch of Staking and Farming Pool
The Key to Marketing Liquidity
Register on the Exchange
Cloud Mining Launch - Q2
Marketing
Audit
ETH 2.0 Bet
BKC Burn & Buyback - Q3
Audit
New Partnership
Electronic commerce
Agricultural Expansion - Q4
Partners / Marketing
Out of range
Concept Ideas / Projects
Product Research
Audit
For more information, please visit the official link below :
Website: https://buckscake.com/
Telegram bot: https://t.me/buckscake_bot
Twitter: https://twitter.com/bucks_cake
Telegram Hub: https://t.me/BucksCakeHub
Telegram Chat: https://t.me/BucksCakePublicChat
Author : Singlefighter
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2591143
ETH wallet address : 0x60eE04cDFfc5a0A3f840768dbCb574289d4b2Db8