INTRODUCTION
BakeBunny is Defi system built with some aggregation techniques that aim towards optimizing the earnings of cryptocurrency investors. It is anchored on smart contracts built on Binance Smart Chain technology which will guarantee the security of its transactions and assist in the attainment and maintenance of the platform's growth.
reducing the risks in the system.
The platform has some unique product features and liquidity farming pools where its users can stake their tokens and make good earning rewards.
BakeBunny management is made up of a team of experts that have strong zeal in crypto and have experience in blockchain development. They are based in Otanhio, Canada. The team members do not want to explain their status, rather they want their prospects and achievements on the platform to speak for them. They have pledged to build the safest and most transparent Defi platform in the crypto world.
The platform is built on smart contracts and has auto machines that reinvest and compound investors funds automatically at a reduced gas fees.
ABOUT TOKEN
Bakabunny platform is governed by a crypto token which all the activities in the platform is centered on. The holders of BakeBunny token takes part in the management and policy decisions on 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 communty. 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%
Crowdfunding
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 tansaction 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.
BakeBunny Farms
BakeBunny has LP farms with different risks depending on the yields of the LP. Staking farms like BUSD-BNB, that have high interest yield are more volatile than farms like BAKE-BNB with lower interest yields.
Investors are faced with the risk of losing the assets deposited on Bakebunny farm due to depreciation of the assets value. The interest yield of assets deposited in the farming LP is determined by the number of days the deposited asset stays in the LP. The longer the period of time the more the asset grows.
When investors place a claim of profits from their investment on the LP, 70% of the claims is paid in the values of the compounded farm tokens and the remaining profit is paid in BakeBunny.
Investors can make partial or full withdrawal of their assets at any time they so desire.
Note that there is a timing for withdrawal of deposited LP tokens. Once an LP token is deposited, the timer is reset. Thereafter, withdrawals without 24 hours are charged 0.4% fee. Claiming rewards on the pools does not cause resetting the timer
An investor cannot compound the yields because it is difficult to discern the timing and frequency of the compounding process.
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 fraudulent individuals from exploiting the community and also keep the activities on the platform uninterrupted.
Investors who wish to withdraw 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.
Where does Bakebunny come from?
Bakebunny is minted via the project's smart contracts.
Roadmap
These are sets of procedures and acitivities that will be taken in the establishment of Bakebunny platform, and which the team is obliged to adhere strictly on.
February 2021
Formation of team, ideas and Researches.
March - May 2021
Bakery Bunny Development
Bakery Bunny Legal Setup
June 2021
Institution of BakeBunny Smart Contract Address
Website launching
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
Launching of Investment Dashboard
Quarter 3, 2022
Mobile App for Android & IOS
SUMMARY
Bakebunny platform was developed to provide solutions to the challenges of asset optimization by the users of cryptocurrencies. The management will apply their wealth of experience and established great features to automatically compound the earnings of its users, ensuring safety and transparency of transactions.
Bakebunny is projected to take a leading role in the cryptosystem and attract more investors to the crypto world.
USEFUL INFORMATION : https://t.me/BakeryBunnyFinance
https://twitter.com/BakeryBunnyFin
https://github.com/BakeryBunnyFinance
https://www.reddit.com/user/BakeryBunnyFinance/https://bakerybunnyfinance.medium.com/
WRITER INFORMATION :
BITCOINTALK USERNAME : Shantiga
BITCOINTALK FORUM PROFILE : https://bitcointalk.org/index.php?action=profile;u=2889895
PROVE OF AUTHORISATION : https://bitcointalk.org/index.php?topic=5342780.msg57209571#msg57209571
BSC WALLET ADDRESS : 0x093C7E50427C46E3a35D72892C4c53ad8C893203