Crypto Pacitan : BucksCake

BucksCake - DeFi Platform for Staking

As we all know that the emergence of blockchain technology has changed the world faster and stronger, in fact almost every industry in the world applies the most advanced technology, namely by using Blockchain Technology. The emergence of blockchain has connected the financial industry in a more seamless and modern way, on the one hand Cryptocurrency has grown significantly in recent years. These developments make cryptocurrency better and can be applied to more complex financial cases. Especially with the BucksCake project, a platform-based project that is transparent, unique, safe and of course this project will change the world of Cryptoqurrency to be beautiful and will bring great benefits to its users and investors.

About the BucksCake Projec

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.

BucksCake 3 Features:

1. 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.

2. 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.

3. 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.

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.