Bakerybunny Intro

in #bakerybunny3 years ago

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Bakerbunny is a Defi platform developed by zealous crypto users that have strong experience in the cryptosystem. It is built on smart contracts on blockchain to ensure the safety of its activities and the investors interest.

Users of cryptocurrencies have been passing through serious challenges which have undermined the growth of their assets and also deterred new users from joining the crypto world.
Some individuals across the globe are denied access to enjoy the benefits of the system as a result of these challenges.

Many Defi platforms have been established recently with the purpose of proffering solutions to the challenges of the traditional financial systems. Still, they have not been able to provide lasting solutions to these Defi challenges, especially the maximization of the assets of the users.

A group of individuals that have zeal in the growth of cryptosystem came together and pool their years of experience together to establish the
Bakerbunny Defi platform. They have sets of products and mechanisms that will help to produce best yields for its users, focusing mostly on reduced gas fees and tracking APY.

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BAKE Token

The platform has a native cryptocurrency referred to as BAKE, that is used for all transactions in the community. BAKE can be acquired by investors at pancakeswap with BNB. A total of 16 million tokens will be supplied to the project by management. It will be distributed in as stated below:

Liquidity and Pools - 45%
Development and Team - 5%
Community Airdrop and bounty - 3%
Marketing and Promotions
Crowdfunding - 40%
Operations - 3%

Bakerbunny Farming

The Bakerbunny platform has a Liquidity Pool where its users can deposit and farm their token assets to earn interest and more tokens.

The farming pool is designed to automatically compound the interest yields in order to maximize the profit of the investors. The interest is based on the number of days the asset is staked in the pool. The longer the period, the more the asset grows.

Investors can make partial or full withdrawal of their assets whenever they desire to do so. Withdrawals cannot be made within 48 hours of every new deposit. Any withdrawal made within this time attracts a fee of 0.4%. This is a measure used to prevent jobbers from taking advantage of the platform, and to also protect the platform. Normally, withdrawals from the pool attract a fee of 30%.

Crowdfunding Sales

There is no private sale or presale of Bakerbunny tokens. The sale of the tokens is live now. A total of 6,400,000 tokens are offered for the crowdfunding program.

The tokens can be bought on Pancakeswap using BNB balances on investors compatible wallets. 1 BNB = 3,000 Bakes. The tokens are instantly transferred to the buyer's wallet once payment is received.

Bakerbunny Model

The platform has major sources of funds that accrue for the sustainability and growth of the community.

Bakerbunnyswap

This is a platform where users can easily trade and exchange tokens. There is a fee charge for each token exchange on this platform.

Performance Fee

This is the service fee that is charged on every profit claim from the liquidity pool. A 30% performance fee is charged on every profit claim from the pool.

Withdrawal fee

The deposits in the Bakebunny farming pool are timed. There must not be any withdrawal of deposit within 48 hours of a new deposit. Therefore, any withdrawal within this time attracts a fee of 0.4%.

These fees are used to reward the Liquidity providers and token holders in the community, and also the development and progress of the community.

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Questions Relatively Asked

There are questions that are asked by the users of Bakerbunny platform which may include the following:

How do I choose BakeBunny Farm?

Bakebunny has various LP farms with different yields and risks. Users can choose their preferred LP, depending on the nature of the token to deposit.

Where does Bake or LP come from in the rewards?

Bake tokens are created through smart contracts on Bakeryswap.

Is a partial withdrawal possible?

Yes. Users can make partial withdrawal or full withdrawal of their tokens.

How does BakeBunny Farms work?

The farm was designed to automatically reinvest and compound interests for the users through smart contracts.

What are the risks of Farming on BakeBunny?

The value of the assets deposited in the pool may reduce as a result of blockchain risks.

ROADMAP

The Bakerbunny team has sets of plans, products and procedures that will be implemented to establish and actualize the platform. They have been obliged to adhere to these set procedures to prove their level and quality in the cryptosystem.
The roadmap can be found at https://bakerybunny.finance/roadmap

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Conclusion

Bakerbunny is a blockchain defi platform built on smart contracts to ensure the safety of its transactions. It has some unprecedented features and products built across defi blockchains to enhance the sustainability, growth and liquidity of the platform and the entire crypto world. Investors are urged to invest on the Bakerbunny tokens for a better maximized profit.

Projects Info
Website: https://bakerybunny.finance/
Lightpaper: https://bakerybunny.finance/BakeryBunny_Litepaper.pdf
Telegram Group: https://t.me/BakeryBunnyFinanceRoom
Telegram Channel: https://t.me/BakeryBunnyFinance
Twitter: https://twitter.com/BakeryBunnyFin
Medium: https://bakerybunnyfinance.medium.com/
Reddit: https://www.reddit.com/user/BakeryBunnyFinance/
Github: https://github.com/BakeryBunnyFinance

Writers Info
Bitcointalk Username: chackunun
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2965572
Proof of Authentication: https://bitcointalk.org/index.php?topic=5342780.msg57281913#msg57281913
BEP-20 Wallet Address: 0xf2781b8F6a19abfeB3F158c49463213F5cd57b20

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