POSITIVE CHANGE OF TREND USING BUCKSCAKE DEFI PLATFORM
BUKSCAKE (BKC) is a (DEFI) decentralized financial platform that helps its members to benefit from its blockchain services to earn while performing some tasks like staking and yield farming. It provides a secure platform for its participants while ensuring adequate fund management and protection. Buckscake was introduced to cut off the corruption seen in the financial institutions using a decentralized platform in tackling the issue of funds security and corruption.
HOW DOES IT WORK
In this platform, users can earn BKC through staking and yield farming. The act of farming earns users a series of commissions, It allows users to earn rewards by providing liquidity in various liquidity pools, yield farming which is also known as liquidity mining is a good way of accumulating income from invested funds, its payout is carried out on UNISWAP commission to ensure the security of funds and stability. The reward received depends on the token number provided for the liquidity pool, therefore the more the pool investors the lesser the earnings to be received in the long run. After adding liquidity, a UNIv2 (BKC-ETH) token shall be credited into your participant wallet.
Staking enables users to trade and earn from the platform, Staking protocol enables investors to stake ETH, USDT, DAI, USDC, WBTC, BNB (ERC20), and BKC using a well reliable staking DApp, Buckscake staking DApp can be found at https://buckscake.com/staking.By a lock-up period of 72 hours, users have control over their tokens. Staking is meant to be user-friendly and transparent in the platform.
Withdrawal of funds, earnings, profits, and rewards in the platform can be done at any time after the end of the lock-up period, with secure and easy-to-use processes. Staked tokens will reduce the circulating supply which in turn will boost the value of Buckscake.
BKC TOKEN is an ERC20 token with a fixed market capitalization of 450,000 BKC tokens. A fixed number of 90,000 will be taken off from the system, using the mechanism of burning. A report on it will be published.
TOKEN ALLOCATION
PRE-SALE:____________94,500 BKC _____ 21%
COMMUNITY:_________135,000 BKC ____ 30%
STAKING:_____________90,000 BKC _____ 20%
LIQUIDITY LOCK:_______90,000 BKC _____ 20%
MRKETING:___________9,000 BKC ______ 2%
TEAM:_______________22,500 BKC _____ 5%
RESERVE:_____________9,000 BKC ______ 2%
REWARD DISTRIBUTION
Buckscake will be given out to its members at the pre-sale event, causing BKC to have its first price pump by the act of swapping part of the received ETH for BKC. After the pre-sale, investors shall receive within themselves part of the unsold BKC as a one-time subsidy. Some part also goes to DEX platform (SUSHISWAP) in order to add liquidity, some handed out to media partners and first investors as airdrop while the remaining will be burned. It’s important to note that BKC has no mining strength as the market cap is fixed at 450,000, no additional BKC will be released in the future.
For a user to start farming, visit UNISWAP, on UNISWAP add BKC-ETH to the liquidity pool to provide liquidity, this gets you to earn rewards from UNISWAP, and therefore reward you with UNIv2 (BKC-ETH) token. This is the exact token to be used while farming to get BETH2, to see mined UNIv2 token, add this token to METAMASK, Once the BKC token is added, visit BKC farming DApp, input and set up your wallet details and use UNIv2 token to earn BETH2 tokens. At the launch of Ethereum 2.0, BETH2 will be changed to ETH2.
For more information, kindly visit any of the links below
Website: https://buckscake.com/
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
AUTHOR
BTT USERNAME: UMUERI4980
BTT PROFILE LINK: https://bitcointalk.org/index.php?action=profile
ER20 WALLET ADDRESS: 0x0C65F229f137E6a38C4075904dc4C9303f0B88ad
