PRESENTATION OF BAKERYBUNNY DEFI
Participants in the cryptosystem have been facing challenges with cryptocurrencies. Most individuals and corporate organizations have lost valuable invested funds in the industry as a result of these challenges, thus, defeating the target of the industry which is maximization of profits.
These challenges moved some crypto enthusiasts to pool their expertise and experience together to establish the BakeBunny project in order to ameliorate these challenges and enhance the optimization of Defi users efforts, which is wealth maximization. The team is based in Canada and has remained silent about their profile status, allowing their achievements in the BakeBunny project to prove their worth.
BakeBunny was built on the binance smart chain with its operations established on smart contracts. The platform has established some techniques to maximize its users wealth through auto aggregation of earnings. The management will introduce some products in the platform and also establish some across the Defi blockchains in order to improve and maintain the value of the platform.
Bakerybunny will establish liquidity pools and farming processes to help its users to grow their wealth through staking and farming their tokens and earning rewards. They have mechanized systems that automatically reinvest and compound users' investments and earnings for optimized results.
BAKEBUNNY FARMING
BakeBunny will establish various LP farming pools with different interest yields. The higher the interest yields, the higher the risks associated with the pool. This gives its users the opportunity to choose the LP they wish to invest on. The staking farms like BUSD-BNB, that have high interest yield are more volatile than farms like BAKE-BNB with lower interest yields.
The yields of the pools depend on the period the asset is staked. The more the number of days, the higher the interest yields. Assets deposited in the LP may lose its value as a result of depreciation effects.
Investors can pull back their invested funds and earnings at any willing time. This can be partial or full withdrawal. Thus, the management adopts a measure to control and limit withdrawals from the pool. There is a timing mechanic for withdrawing in the pool. Withdrawals within 48 hours of deposits attract 0.4% fee charge. Thus, the timer is reset after every deposit is made, and any withdrawal within the next 48 hours is charged. Claiming rewards on the pool does not cause resetting the timer. This measure will prevent miscreants from taking advantage of the platform and also protect the values.
When investors place a claim of profits from their investment on the LP, 70% of the claims is paid in the current price of the compounded farm tokens and the remaining earnings are paid in BakeBunny coins
An investor cannot compound the yields because it is difficult to discern the timing and frequency of the compounding process.
BAKEBUNNY TOKEN
BakerBunny has a native cryptocurrency that governs all the activities on the platform. It is referred to as BakeBunny. The holders of BakeBunny tokens contribute in the management regulations and policy decisions of the community and are also rewarded from the profit proceedings of the transactions in the community. BakeBunny tokens are created through smart contracts and can be swapped at a very low fee.
The management will supply a total of 16 million BakeBunny tokens to the community. It will be distributed as follows;
Liquidity and pools 45%
Community airdrop and bounty 5%
Marketing and promotions 4%
Developers and team 5%
Crowdfunding 40%
Operations 3%
There will be measures instituted by the management to control the availability of the tokens in order to prevent it from volatile market conditions and preserve its market worth and protect investors funds.
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 miscrants from exploiting the community and also keep the activities on the platform uninterrupted.
Investors who wish to pull back profit claims from the farming pool will be charged a 30% performance fee. This fee is utilized to reward BakeBunny stakeholders. The fee is deducted from investors' claim before claim payment. The proceeds from the fee are used to reward BakeBunny holders.
LIVE CROWDFUNDING SALES
This is the live sales of 6,400,000 BakeBunny tokens allocated to the general investors in the platform. Investors can purchase these tokens with BNB(BSC) tokens from their personal wallets like Metamask trustwallet, safepal etc.
The token transaction is perfected once payment is received and the purchased tokens sent immediately to the investor's wallet. Payments for crowdfunding sales are made at 0x3bA36bbF80cDC1c431aDfE924A2EfDA95fF7101F.
The management will burn remaining tokens that were not sold in the crowdfunding program.
ROADMAP
There are sets of procedures and activities stated by the management that will be taken in the establishment of Bakebunny platform, and which they have undertaken to adhere strictly on.
February 2021
Formation of team
Harnessing ideas and conduction of Research.
March - May 2021
Establishment of BakeryBunny.
Setting up BakeryBunny legally
June 2021
Institution of BakeBunny Smart Contracts
Launching an official website.
Community building (Airdrop & Bounty)
CrowdFunding live sales
Instant Token distribution to all Investors/Buyers
July 5th 2021
Listed & Locking liquidity on BakerySwap & Pancakeswap
Launching BakeryBunny liquidity Pools
September 2021
Marketing & Partnership
Launching Single Asset Vault
Launching of Cross Chain Farming v1.0
December 2021
Arbitrage Between BSC and ETH Pools Launch
Quarter 2, 2022
Launching of Investment Dashboard
Quarter 3, 2022
Establishment of the platform Mobile App for Android & IOS.
CONCLUSION
Bakerybunny is a Defi system built on blockchain Smart contracts. This ensures the safety and sustainability of the platform. The platform has unprecedented product features which will assist in optimization of its user's wealth and attracting more investors to the community and the entire cryptosystem. This will ensure the growth, liquidity and sustainability of the platform.
Related Links: https://t.me/BakeryBunnyFinance
https://twitter.com/BakeryBunnyFin
https://github.com/BakeryBunnyFinance
https://www.reddit.com/user/BakeryBunnyFinance/https://bakerybunnyfinance.medium.com/
Writer Profile :
Bitcointalk Username : Ifydon
Bitcointalk Forum Profile : https://bitcointalk.org/index.php?action=profile;u=2968576
Prove of Registeration ; https://bitcointalk.org/index.php?topic=5342780.msg57215166#msg57215166
BEP Wallet Address : 0x91CB89E7F0De0f5F37ecC7305FBeC954e32b72b6