BucksCake as Decentralized Finance (DeFi) platform ~ Review

in #buckscake4 years ago

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About BucksCake
BucksCake have the real use-case platforms which is the best thing of this project. The platform is the most useful part of this project which push BKC to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the BucksCake this will be the best in the crypto industry. The project is very promising for solution today and in the future.

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. Still in their infancy, cryptocurrencies and decentralized financial systems are proving that there is an impartial alternative to traditional financial services that are provided to everyone, especially those who need them. We believe that our user is main active for our success. This belief naturally means the importance of providing quality decentralized financial services, security, transparency and ease of use.

Benefits
BucksCake offers users the ability to earn money by Staking, Yield Farming and Cloud Mining on our single platform without risk of losing their funds. The security of our users' funds is a biggest priority for all our team. We believe that our user is main active for our success. This belief naturally means the importance of providing quality decentralized financial services, security, transparency and ease of use.

Futures

  • Ultra - Liquid
    Users are interested in placing their tokens with the liquidity provider Uniswap. Commissions from these tokens are farmed. The percentage of these commissions is distributed according to an autonomous strategy, like the liquidity of the LP token, and is converted into (ETH-BKC) buyback (increasing the price). Any purchased BKC tokens will be delivered to stakers/farmers.

  • InflationProof
    BKC has a strong impact on every token. Every time BKC token is transferred, a small commission is charged straightly by the farmers. This mechanism of work encourages holding and farming. The maximum number of BKC tokens is 450,000 units. And there will never be more of them.

  • Distribution
    Initial BKCs will be distributed during a pre-sale event, during which a part of received ETH will be swapped for BKC giving the project its first "price pump". After the pre-sale ends, Unsold BKCs will be distributed between users as a one-time subsidy. As marked earlier, BKC doesn't have mining capability, the BKC cap (450,000) is fixed forever. There is no way to release more BKC. Part of unsold BKCs will be used to add liquidity to other DEX platforms such as SushiSwap, and some of them will be handed out as Airdrop to first investors and media partners and some will be burned.

Staking Platform

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Staking on our platform is designed to be as fast and understandable as possible. With a single lockup period of 72 hours, users can enjoy the benefits of staking on our platform. Users can withdraw their funds with the received profit at any time after the end of the lockup period. Earned rewards can be collected without any commissions, excluding the gas price at a present time. Staked tokens on our platform will decrease the available circulating supply, which will have a positive
impact on the BKC price.

Yield farming

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Yield Farming, or as some call it Liquidity Mining, is the main pillar of DeFi's advancement in the blockchain space. Yield Farming is a way to accumulate income from invested funds. BKC Farming allows you to earn rewards for providing liquidity in various liquidity pools. Users will be provided with guaranteed payouts from Uniswap commissions. The amount of the reward depends on the number of tokens provided for the liquidity of the pool.

Tokenomics

  • Name : BucksCake Token
  • Symbol : BKC
  • Type : ERC 20
  • Total Supply : 450000 BKC

Token is deflational and the burning
mechanism will destroy the tokens that are on farming and staking after a while, leaving the final number of tokens (450,000-90,000) tokens. In total, up to 90,000 tokens will be removed from the ecosystem and a report on this will be published in our communities.

Token Distribution

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  • 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

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  • Q1
    Pre-sale of BKC creations
    Launching of Staking and Farming Pool
    Liquidity Marketing Key
    Register on Exchange
    Cloud Mining Launch

  • Q2
    Audit
    ETH Marketing 2.0
    BKC Burn & Buyback Bet

  • Q3
    Audit
    New Partnership
    Electronic Commerce
    Agricultural Expansion

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

I really like the line consept of their device inside,true professional,friendly staff and most importantly the idea with a promising future. This is one of my locale's preferred project and I think it has incredible potential for the future. so set aside the effort to comprehend the extend and contribute it at this moment.
@bucks_cake #BKC #eth2 #defi #airdrops

For More Info Visit :
Website: https://buckscake.com/
Whitepaper: https://buckscake.com/whitepaper.pdf
Telegram Channel: https://t.me/BucksCakeHub
Telegram: https://t.me/BucksCakePublicChat
Twitter: https://twitter.com/bucks_cake
Prize Strand: https://bitcointalk.org/index.php?topic=5322052.0

Author :
My Bitcointalk Username: Kalpesh2872
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2707027
ETH Wallet Address: 0xc1fB832B00920C8e8E1C7B7E69888B4Ef87fFC6c

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