BucksCake — ETH 2.0 Ready DeFi Platform for Staking, Yield Farming, Cloud Mining and Exchange.
LEARN ABOUT DEFI
Today we should know that defi, What is DeFi? It stands for Decentralized Finance. DeFi has long been existing with Bitcoin, it only became popular when it was built on the Ethereum Blockchain. In opposition to traditional finance, DeFi is a system of financing where digital banking services are made minus the middleman. All transactions are made publicly without any permission to any entity or authority.
When it comes to DeFi tokens, these are financial applications running on blockchains which mirror concepts successfully used in traditional banking and finance, such as stocks. There are many kinds of DeFi tokens but we will discuss a few tokens which have shown a great potential to trend in 2021.
AND NOW I WILL INTRODUCE YOU THE GREAT DEFI, WHY BUCKSCAKE ?
Thanks to Decentralized Finance (DeFi), 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.
HOW CAN I JOIN BUCKSCAKE ?
First you can visit https://buckscake.com/ and you can register in there, after register you can join the BKC Pre-Sale Progres, now is cheap if you buy today so you must buy. Its come 12 round, here the price from round 1 to 12.
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.
Token Staking
The BKC staking protocol allows users to stake ETH, USDT, DAI, USDC, WBTC, BNB(ERC20) and of course BKC using a specialized Staking DApp. By a locking period of 72 hours, users can directly 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 while. Our deductions guarantee long-term stability with the current state of the token structure and a limited amount of 450,000 BKC as there is not a mint provision in our token contract.
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 taking 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.
For more information on the BucksCake project:
Telegram Chat: https://t.me/BucksCakePublicChat
Website: https://buckscake.com/
Telegram Bot: https://t.me/buckscake_bot
Twitter: https://twitter.com/bucks_cake
Telegram Hub: https://t.me/BucksCakeHub