BucksCake - ETH 2.0 Ready DeFi Platform for Staking, Yield Farming, Cloud Mining and Exchange

lapace (25)in #bitcoin • 3 years ago

Introduction

History shows that banks, governments and financial systems are corrupted and sensitive to changes of the global economic situation. BucksCake aims to offer our users decentralized financial system by offering decentralized, more transparent and economically viable blockchain-based services in place of the services traditionally provided by centralized institutions .We face challenges and uncertainties every day as a result of unpredictable global events that cause economic turmoil and instability. So there is a growing need for a decentralized, comprehensive and reliable financial system that works for everyone

What is BucksCake's Project all about?

BKC is a DeFi protocol that aims to provide maximal recoil of the Ethereum ecosystem for everyone with access to the internet. BKC is unique by it's providing a completely secure and transparent experience proved by smart contracts and a powerful token system. BKC offers a lot of services, ranging from staking and yield farming, that users can get access on the unified BucksCake platform.

BucksCake privileges:

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.

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

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.

Distribution Tokens
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.

Staking
and 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.

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

Vault Returns
User Section A: (UNI-V2 is kept by you, I contract the total balance of UNI-V2) For example if there are 9,000 UNI-V2 (BKC / ETH) tokens collected in this Vault, and the user deposits 1000 UNI-V2. The total balance of token contracts collected by UNI-V2 (BKC-ETH) is 10,000. And User A's share now is: 1000 / 10,000 = 10% If user "B" deposits another 10,000 UNI-V2 (BKC-ETH) Tokens collected into this vault, the total contract balance of UNI-V2 collected Tokens (BKC- ETH) to 20,000. User A's new share becomes: 1000 / 20,000 = 5% If 200 BETH2 tokens are distributed to this vault per month, User A's earnings will be 200 x his share in% In the 5% share, his earnings will be 200 x 5% = 10 BETH2

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

Allocation of BKC Tokens

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%

Key Notes
BECOME ONE OF US
Don’t lose the opportunity to buy BKCs in first rounds!
1st Round price is 2 USDT — 12th Round price will be 20 USDT.
The Exchanges will list price after Pre-sale and it won’t be less.
Only 94,500 BKCs will be sold.

Buckscake Road Map

Q1
Pre-sale of BKC creations
Launch of Staking and Farming Pool
The Key to Marketing Liquidity
Register on the Exchange
Cloud Mining Launch
Q2
Marketing
Audit
ETH 2.0 Bet
BKC Burn & Buyback
Q3
Audit
New Partnership
Electronic commerce
Agricultural Expansion
Q4
Partners / Marketing
Out of range
Concept Ideas / Projects
Product Research
Audit