About the BucksCake Project

in #bkc3 years ago

INTRODUCTION

DeFi has changed the cryptocurrency space achieving new roads to monetary movement that is good for cryptocurrency aficionados and financial specialists.

Albeit, Decentralized Finance (DeFi) is conceivably perceived as a questionable point, it centers around taking a more extensive part of decentralization into customary money. For quite a long time, conventional money works with it's huge assets moved into a solitary trust based arrangement of which straightforwardness and respectability is restricted and faulty. Likewise, most customary monetary stages actually work with obsolete frameworks and neglects to stay aware of pattern of the digital time.

Subsequently, Decentralized Finance with innate highlights and preferences of blockchain will expand customary money by empowering individuals to approach advance budgetary administrations, without heirachy and control by parties. Straightforwardness and proficiency of monetary environment with negligible danger factors is ensured.

Positively, DeFi brings phenomenal new use case to the cryptocurrency business with amazing beneficial execution. This makes open door for the DeFi market to be going all out with numerous high possible developments or idea which comes as splendid speculation decision for financial specialists and those enthusiastic about cryptocurrency.

As of now, anybody ready to plunge into the DeFi market ought to think about Yield Bank as a best option. Yieldbank.finance intends to work as the ideal biological system that creates high return with negligible danger sway for each person. The stage empowers clients to build their arrangement of benefits by marking and utilization of DeFi highlights coordinated inside the structure.

As prior expressed, the DeFi publicity has moved a few possible activities into the DeFi market. In any case, a portion of these ventures accompanies stage and conventions that are regarded by normal cryptocurrency clients to be ineffectively planned, overwhelming and plain.

talking about the BucksCake project so I will first explain that, BKC is a DeFi protocol that aims to provide the maximum backwardness of the Ethereum ecosystem for everyone who has access to the internet. BKC is unique in that it provides a completely secure and transparent experience as evidenced by smart contracts and a strong token system. BKC offers many services, ranging from staking and agricultural produce, which can be accessed by users on the unified BucksCake platform.

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BucksCake 3 Features:

Ultra liquid

yes, users are interested in placing their tokens with Uniswap liquidity provider. 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 speaker / farmer.

Inflation proof

besides, BKC has a strong influence 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 control

and 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.

Initial BKC Token Distribution

will be distributed during the pre-sale event, where a portion of the ETH received will be exchanged with BKC which provides 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.

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Token

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 one 72 hour lockout period, users can enjoy the benefits of using 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.

Yield farm

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.

Vault Returns User Part

A: (UNI-V2 is kept by you, I contracted 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 deflationary and the burning mechanism will destroy the token farmed and staked after a while, leaving the final 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

BKC BKC is the token ERC20 and used by all the services provided by BucksCake. The maximum supply is 450,000 BKC tokens. Tokens can shrink and the incineration mechanism destroys the farm and stakes tokens after a while, leaving the final token amount (450,000–90,000) in tokens. A total of 90,000 tokens will be removed from the ecosystem and a report will be posted to the community.

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To start earning, you will need:

Register and deposit with BKC, ETH, WBTC, USDT, DAI, USDC or BNB .
Choose a mining plan
. Three packages are available.
Advantage

Key points

Be one of us

Don't miss the chance to buy BKC in Round 1!

Main price is 2 USDT-12 main price is 20 USDT.

The exchange displays pre-sale and post-sale prices and nothing will be less.

Only 94,500 BKCs were sold.

Roadmap

Q1 2021
Pre-sale of BKC creations, Launch of Staking and Farming Pool, The Key to Marketing Liquidity, Register on the Exchange, Cloud Mining Launch

Q2 2021
Marketing, Audit, ETH 2.0 Bet, BKC Burn & Buyback

Q3 2021
Audit, New Partnership, Electronic commerce, Agricultural Expansion

Q4 2021
Partners / Marketing, Out of range, Concept Ideas / Projects, Product Research, Audit

Stable Profit Cloud Mining

For the last year, miner's earnings have grown significantly. Our platform allows you to get profit from mining without additional equipment.

For more information:

Website: https://buckscake.com/
WhitePaper: https://buckscake.com/whitepaper.pdf
Telegram bot: https://t.me/buckscake_bot
Twitter: https://twitter.com/bucks_cake
Telegram Hub: https://t.me/BucksCakeHub
Bounty Link: https://bitcointalk.org/index.php?topic=5322052.0

#BKC #eth2 #defi #airdrops

Author : happy sultan

Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2189700
ETH wallet : 0x1EFE0FD6c7eC315C0105c3D82b7622c8B678C942
Telegram : @happysultan

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