INTRODUCING WEALTH CREATION DEFI - BKC

obigidon (36)in #defi • 5 years ago (edited)

ABOUT BUCKSCAKE PROJECT

BKC intends to provide digital financing to the end users of Defi by ameliorating the challenges faced by the traditional finance institutions in creating wealth for its users through unique staking and mining. Its products and services can be accessed by anyone without permission. Any user with computer devices that has internet service can take part in BKC Defi platform. It has a token with unique features that will attract various investors and users to both its platform and Defi in general.

Defi system is speedily becoming the means of financial transactions in the globe. It is talking over the traditional finance and banking system which is centralized and has some issues which limit its services and growth.

Buckscake platform is managed by a team of experts that are grounded with years of experience in Defi services, harnessed to provide easy, secured and transparent transactions.

FEATURES OF BUCKSCAKE

The BucksCake Defi platform has some unique features that differentiate them from other Defi which include:

Staking

The staking process in Buckscake involves depositing and locking of BKC and other Etherum ERC 20 based tokens in the DApp pool (http://buckscake.com/staling) for 72 hours. There is a fixed percentage rate of return with guaranteed long-term stability of the structure and value of the platform.

Users have full access and control of their stakes and can easily pull out their fund and interest at the end of the staking period without any charge or gas fee.

The number of users in the farming pool affects the commission earned. If there are more users, there will be less commission.

Yield Farming

This is an integral part of Defi that generates funds for investors through mining. BKC farming accepts deposits from investors into their liquidity pool (farmed in Uniswap). The investors earn profit from Uniswap commissions in proportion to the amount of tokens provided.

Investors get UNI2 tokens which are credited to their wallet, in exchange with funds provided. This token gives them access to the Uniswap pool, where they can farm to earn BETH2 tokens which will be converted into ETH2 tokens.

INFLATION PROOF

The BucksCake management has a planned hedge that will protect the token against inflation. The transfer of each BKC token attracts a charge by the farmers. This discourages unnecessary transfer of tokens and protects the value of the tokens.

COMMUNITY CONTROLLED

The holders of BKC tokens are stakeholders in the project. Thus, they take part in the management decisions and proposals voting process on the platform.
BKC community has some influence on each token. This influence is achieved by charging a little commission on its transfer in order to protect its value.

DISTRIBUTION

BKC will be apportioned during presale. The leftover BKC after sales shared among the users, some given to other DEX platforms to improve liquidity and some rewarded as airdrop for marketing activities.

BKC PRICE

The price of BKC is 2 USDT at the launch of presale, which is the starting stage of the rounds. It will rise continuously up to 20 USDT in the 12th round. After the close of the presale exercise, the Exchanges will fix the price, which will not be lower than 20 USDT and will continue to appreciate over time. So it is a good investment.