BUCKSCAKE : A Leading DeFi Platform for Staking, Cloud Mining And Yield Mining

crimsonknight (48)in #blockchain • 4 years ago

The entire world of cryptocurrencies is expanding at an exponential rate with different type of cryptocurrencies entering the crypto-market along with newer blockchain technologies being introduced to help facilitate growth and support for adoption of cryptocurrencies on a worldwide scale. Thus, it is safe to say that world of cryptocurrencies has evolved into a whole industry of it's own.
At present, the cryptocurrency world is heading for a new and advanced direction with arrival of Decentralized Finance (DeFi). DeFi is a hot topic in the cryptocurrency space because of it's underlying goal which involves complete decentralization of the economic system.
In simple explanation, Decentralized Finance works independently without relying on centralized financial systems like banks, insurance funds etc, however, people will be able transact, transfer, invest and trade using cryptocurrencies and digital assets through smart contracts that assist in removing need for sluggish and expensive middleman.
DEFI leverages blockchain to ensure the current financial order is revolutionized to make way for a greater transparent and equitable financial system.
Now, newer projects are adopting the DeFi trend to provide high return investment opportunities and better financial gateway for people. BucksCake is an excellent example of those projects with a truly unique decentralized working model.

DETAILS ABOUT BUCKSCAKE

download (1).jpeg

BucksCake is a refined innovation that aims to offer unrestricted and competent financial services to people, however, these services will be DeFi based, open, secure, reliable, robust and fully hosted on blockchain technology. Through BucksCake, users can leverage different avenue to increase their profit portfolio like Staking, Yield farming and Cloud mining.
Furthermore, BucksCake comes with robust smart contract and advanced security systems that ensure users fund remain protected at all times. The project developers have released the trademark token known as BKC Token.
BKC token is ERC-20 compatible and grants some impressive privileges to users such as;

Ultra-Liquid : Users usually place their tokens with Uniswap 's Liquidity provider, wherein commissions from tokens is farmed. Percentage of these farmed commissions are distributed in accordance to an autonomous strategy and transformed into (ETH-BKC) buyback. Any purchased BKC token will be sent to stakers.

Inflation Proof : Whenever BKC token is transferred, a commission is charged by farmers /stakers. This mechanism works to motivate users to hold and farm at their best interest.
Voting Rights : BKC holders can vote on various proposal as long as they have staked liquidity in the pools. The community will decide everything pertaining the project like developers fee, site design and many more.

images (26).jpeg

Interested person should take note that BKC Token is the main cryptocurrency for accessing every service made available on BucksCake platform.
Also, maximum supply of BKC token is 450,000 units and it is fully deflationary wherein burn mechanism is initiated when token is farmed and staked after a certain period.

In conclusion, BucksCake is truly a new generation innovation that will enable people to easily benefit from the trending DeFi movement and earn satisfactory profits from anywhere in the world without relying on centralized institutions or systems.

TOKEN ALLOCATION

Pre-sale: 94,500 BKC - 21%

Community: 135,000 BKC - 30%

Staking: 90,000 BKC - 20%

Liquidity Lock: 90,000 BKC - 20%

Marketing: 9,000 BKC - 2%

Team: 22,500 BKC - 5%

Reserve: 9,000 BKC - 2%

ROADMAP

2021
Q1
BKC Creation Pre-sale
Staking and Farming Pool launch Marketing Liquidity Lock Listing on Exchanges Cloud Mining Launch

Q2
Marketing
Audits
ETH 2.0 Staking
BKC Burn & Buyback

Q3
Audits
New Partnerships
E-commerce
Farming Expansions