Bakerbunny Defi : Auto compounding interest to maximize users APY

Bakerybunny is a Defi platform that was established with the main aim of compounding and optimizing the and maintaining adequate reasonable yield return on investment. Its main focus is on gas fee costs, APY tracking, securing the motives of Defi users which is to maximize their yield farming at a very low cost.

The Defi system has witnessed some proliferation of the creation of many platforms with various product features, but they all fail to facilitate the optimization of the users interest. Bakerbunny intends to join the functions of the Defi system to provide a wholesome system that will be beneficial to all.

They have established a yield aggregator that will enhance auto-compounding of assets. They have also developed an ecosystem that will help users to earn more cryptocurrencies. This will help to improve the users financial status and the Defi in general.

BAKEBUNNY FARMING

The Bakabunny platform is developed on smart contracts on blockchain technology, which help to preserve the security of its transactions. The contracts will be fully and routinely audited by a recognized audit firm. However, the assets deposited in the LP may lose its worth due to decrease in the value of the assets.

The farming pool is designed to automatically compound interest on its own. This makes it hard for the users to compound the interest because they will not understand the timing and methods to reinvest their earnings

There are risks in staking on Bakerbunny farms. The higher the interest yield, the more risky. The deposited assets may also lose its market values due to volatile situations.

The interest yield is worked out by the number of days the tokens are staked in the pool. The higher the number of days, the more earnings and growth the assets will have.

Farming Rewards

The LP tokens earn their rewards through auto-compounding of interests. Users can decide to pull their earnings from the pool at any time. 70% of their profit is paid in the value of the LP farm token (BNB or BUSD), and 30% paid in Bakebunny tokens, in $ equivalent to BNB.

Farming Withdrawal

An investor can decide to withdraw his/her asset from the staking pool, but the rule of the platform states that withdrawals cannot be made within 48 hours of deposits. There is a timer that is reset after every deposit is made, and any withdrawal made within the next 48hours after a new deposit is charged 0.4%. This measure is adopted to deter fraudsters from taking advantage of the platform.

BAKEBUNNY COIN

The Bakerbunny platform has a native token which governs the activities on its platform. It is the Bake coin. Its holders have a stake in the ecosystem to ensure the platform operates smoothly, and also benefit from the proceeds of the community. The token is coined through smart contracts and can be swapped at Bakeryswap at a low fee.

The will supply 16 million BakeBunny for the project which will be allocated as follows;

Liquidity and pools 45%
Community airdrop and bounty 5%
Marketing and promotions 4%
Developers and team 5%
Crowdfunding 40%
Operations 3%

CROWDFUNDING LIVE SALES

The sale of Bake coin is live now, with 6,400,000,000 tokens available for sale. Investors can purchase the coins with BNB tokens in their wallets. 1 BNB = 3,000 Bakebunny tokens. Once payment for the token is confirmed, the equivalent Bake oken is transferred immediately to the buyer’s wallet. The management burn the remaining tokens after the end of the livesale exercise.

BAKEBUNNY FEES

Swapping fee

Swapping of tokens on Bakeryswap attract a fee charge for swapping tokens on its platform. The swapping fee rate is obtained at the Bakeryswap API. These rewards accrue to the LP token, leading to its value appreciation.

Withdrawal fee

Any investor that wants to withdraw funds deposited in the farming pool within 48 hours of deposit will pay 0.4% withdrawal fee. This charge will help to prevent fraudulent individuals from exploiting the community and also keep the activities on the platform uninterrupted.

Performance fee

Investors who wish to withdraw earnings from the farming pool will be charged a 30% fee. This fee is utilized to reward BakeBunny stakeholders.

These fees are utilized to settle rewards attributed to the Liquidity Providers cum BakeBunny token holders and also used to develop the entire community.

BAKERYBUNNY PROSPECTS

The crypto system has some challenging issues which have hindered the growth of Defi and its users.
Bakebunny has presented solid solutions to these challenges which its management will strive to execute appropriately. This will give the platform a major leading role in the industry. Attracting numerous investors both to the platform and the entire Defi.
Thereby attracting more and more newbies into the Defi crypto system and improving the values of the entire system. So come in and join the moving train and grow your assets through automatic compounded yields.

BakeBunny’s gоаl іѕ tо improve thе DеFі есоѕуѕtеm, specifically on thе Binance Smаrt Chain, whіlе рrоvіdіng uѕеrѕ with ѕеvеrаl tесhnіԛuеѕ tо mаxіmіzе returns while mіnіmіzіng rіѕk fоr all our іnvеѕtоrѕ.BаkеBunnу hеlрѕ you to auto соmроundіng your іntеrеѕt іn fаrmіng еlіmіnаtіng that hassle tо rеmеmbеr thе ѕсhеdulе fоr соmроundіng аnd ѕаvеѕ thе gas fееѕ іnvоlvеd іn manual соmроundіng.

WEBSITE:https://bakerybunny.finance/
TWITTER:https://twitter.com/BakeryBunnyFin
TELEGRAM GROUP:https://t.me/BakeryBunnyFinanceRoom
TELEGRAM CHANNELS:https://t.me/BakeryBunnyFinance
MEDIUM:https://bakerybunnyfinance.medium.com/
REDDIT:https://www.reddit.com/user/BakeryBunnyFinance/
GIHUB:https://github.com/BakeryBunnyFinance

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