BucksCake DeFi platform

in #bitcoin4 years ago

Cryptocurrency was originally known as a payment system that allows people to be able to make transactions quickly, without third parties, in a transparent, secure and anonymous manner. Satoshi, who is the creator of Bitcoin, made Bitcoin defeat a centralized financial system that is prone to manipulation and is controlled by one party. With the growth and development of the Crypto or blockchain ecosystem, a number of alternative investment options have emerged, and have proven to be more efficient and profitable investment tools than traditional financial returns. Innovative projects consistently appear in the crypto industry with high return investment and a sustainable trend, such as BucksCake is one of those projects that will attract a large market investment. Why? because this project aims to create a safe and decentralized working model.

In the midst of the Covid-19 pandemic, friends, not all business sectors have been affected by friends, but some are increasingly showing an increase in terms of income. One of them is the DeFi project. This project was developed in 2019.
DeFi can be a global alternative to any financial service in use today. For example, savings, loans, trade, insurance and others can be accessed by anyone in the world only by using a smartphone and an internet connection.

What is BucksCake's?

BUCKSCAKE is a DeFi protocol and its goal is to provide maximum retreat from the Ethereum ecosystem for everyone with access to the internet. BKC is unique in providing maximum security and a transparent experience is a proven contract with cleverness and a strong token system. BKC offers many services, ranging from staking and agricultural produce, so that users can get access to the unified BucksCake platform.

Agricultural produce

Yield Farming, or as some call it Liquidity Mining, is a major pillar of DeFi's progress 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.

Advantages of Using BucksCake:

  1. 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.

  2. 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.

  3. 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.

Staking
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.

BKC token
BKC is an ERC20 token and is used in every service available at BucksCake. The maximum supply is 450,000 BKC tokens. Tokens are deflational and the burning mechanism will destroy 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.

Token Allocation

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%

Distribution
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.
To start earning you will need:

  1. REGISTER AND MAKE A DEPOSIT
    At BKC, ETH, WBTC, USDT, DAI, USDC or BNB.

  2. CHOOSE YOUR MINING PLAN
    Three Packages Available.

  3. TERM OF YOUR PROFIT
    You Can Take Your Profits Whatever You Want.

More info:

Telegram Chat: https://t.me/BucksCakePublicChat
Website: https://buckscake.com/
Telegram Bot: https://t.me/buckscake_bot
Twitter: https://twitter.com/bucks_cake
Telegram Hub: https://t.me/BucksCakeHub

Author: Gedang_goreng
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile