BUCKSCAKE
Cryptocurrency work via distributed ledger technology, usually blockchain. Blockchain is one of the important technologies in supporting efficiency and transparency so that Indonesia can anticipate changes in the world that are very fast. Blockchain technology and cryptocurrency have proven to be effective solution to the challenges and limitation of traditional finance system. Cryptocurrencies are powered by blockchain technology which is decentralized; no central governing bodies, which mean individuals have control over their assets unlike in the traditional system where central authorities control the whole process. With cryptocurrency, no intermediary is involved in transactions; transactions are fast and secured, lower transactions fees, and no limit or restriction to cross-border payments. Decentralized finance, also referred to as DeFi, refers to the transition from conventional centralized financial structures to peer-to-peer finance made possible by decentralized Ethereum blockchain technologies. The emergence of decentralized finance has brought a lot of new product into the financial system. One of the new products new products and features is the DeFi market. Another features of DeFi that afford investors of all categories equal opportunity to invest is DeFi Yield.
DeFi blockchain technology is a revolution that is better and more rewarding for financial transactions. We already know that in today's market, there is a lot of money and annual treasures. The new project and the name of the project is BucksCake(BKC) , Recently We come to know about and it’s really popular In recent times in Bitcoin Talk. It’s really glad to know such project comes with huge potential.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) A new innovation that takes Open Finance one step further, DeFi is an open global financial alternative to every financial service that is easily accessible by anyone anywhere in the world using any internet-connected device. Thanks to Blockchain Technology This is now possible with the smart contract feature available in Ethereum. The Smart Contract is an Open Finance bridge through which various programs running on the Blockchain can be automatically run transparently and efficiently. These smart contracts allow anyone to create a platform with much more advanced functionality than just cryptocurrency transactions. DeFi has been hugely popular in the Cryptocurrency community recently due to its unique system. One of the potential projects is BucksCake(BKC).
What is BucksCake?
BucksCake is a refined innovation that aims to offer unrestricted and competent financial services to people, however, these services will be DeFi based, open, secure, reliable, robust and fully hosted on blockchain technology. Through BucksCake, users can leverage different avenue to increase their profit portfolio like Staking, Yield farming and Cloud mining.
BucksCake plans to turn into a decentralized monetary framework by carrying out the DeFi protocol. At BucksCake, individuals can utilize different DeFi highlights, for example, staking, yield Farming, cloud mining, and trade. BucksCake is remarkable in that it is protected and straightforward for clients and the ETH 2.0 prepared DeFi platform. At BucksCake, clients can expand their benefit through inventive DeFi highlights and clients don't need to stress since every one of their exchanges will be gotten utilizing smart contracts.
BucksCake accepts that client experience is the primary concern, along these lines BucksCake expects to turn into a DeFi platform which as well as giving advantages to clients, and furthermore as a DeFi platform that gives comfort and simple availability to clients universally.
Furthermore, BucksCake comes with robust smart contract and advanced security systems that ensure users fund remain protected at all times. The project developers have released the trademark token known as BKC Token.
BKC token is ERC-20 compatible and grants some impressive privileges to users such as;
- Ultra-Liquid : Users usually place their tokens with Uniswap 's Liquidity provider, wherein commissions from tokens is farmed. Percentage of these farmed commissions are distributed in accordance to an autonomous strategy and transformed into (ETH-BKC) buyback. Any purchased BKC token will be sent to stakers.
- Inflation Proof : Whenever BKC token is transferred, a commission is charged by farmers /stakers. This mechanism works to motivate users to hold and farm at their best interest.
- Voting Rights : BKC holders can vote on various proposal as long as they have staked liquidity in the pools. The community will decide everything pertaining the project like developers fee, site design and many more.
BucksCake - 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 deflational and the burning mechanism will destroy the tokens that are being farmed and staked after a while, leaving the last 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. Interested person should take note that BKC Token is the main cryptocurrency for accessing every service made available on BucksCake platform. Also, maximum supply of BKC token is 450,000 units and it is fully deflationary wherein burn mechanism is initiated when token is farmed and staked after a certain period.
Allocation of BKC Tokens :
Pre-sales: 94,500 BKC — 21%
Community: 135,000 BKC — 30%
Stake: 90,000 BKC — 20%
Key Liquidity: 90,000 BKC — 20%
Marketing: 9,000 BKC — 2%
Team: 22,500 BKC — 5%
Reserves: 9,000 BKC — 2%
Conclusion
My opinion, BucksCake is something new in crypto world. I must say that we should join this revolutionary project with various features and solutions provided by this project. This is user-friendly platform that increases the profitability and is easy to use even for non-technical users. So it is hoped that their will be more people who can feel the benefits of crypto.
Buckscake Road Map :
Q1
Pre-sale of BKC creations
Launch of Staking and Farming Pool
The Key to Marketing Liquidity
Register on the Exchange
Cloud Mining Launch
Q2
Marketing
Audit
ETH 2.0 Bet
BKC Burn & Buyback
Q3
Audit
New Partnership
Electronic commerce
Agricultural Expansion
Q4
Partners / Marketing Out of range Concept Ideas / Projects Product Research Audit
For important information about this project see the link below :
Author: Hokky Darmawan
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