Bakery Bunny Finance

By adriaparcerisas | ICO Reviews | 16 Jun 2021

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Introduction

Today, the project I'm going to present you is Bakery Bunny (https://bakerybunny.finance/), a fast-growing decentralized finance yield aggregator used on the BakerySwap platform.

Definition

In more detail, Bakery Bunny (https://bakerybunny.finance/) is a fast-growing decentralized finance yield aggregator that implements a protocol that allows crypto farmers to leverage their performance search inclinations to optimize performance composition techniques on the Binance Smart Chain (BSC) network. The idea is to enhance the DeFi ecosystem by providing various techniques to maximize returns and minimize investment risk.

BackeryBunny's main goal is not only to develop a platform that automatically yields for everyone but also to provide new techniques for the diverse needs of crypto farmers, from the highest yield seekers to smart investors who optimize risk and reward.

Farming and compounding with BakeryBunny

BakeryBunny provides a way to farm with your tokens, so any BakerBunny holder can farm and earn more tokens as rewards. The farm has been developed through the Blockchain network with smart contracts within the BEP-20 protocol of the Binance Smart Chain network.

These smart contracts have been created by the BakerySwap team itself with the idea that profits can be compounded and reinvested automatically. Since to date, only problems have been seen when it comes to knowing the optimal time to reinvest or composite, BakeryBunny has created this option so that the user does not have to worry about that.

Even though the details are given, the platform won't be launched and available until July 5th.

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Token details

BakeBunny Token will be the governance token for BakeryBunny's platform, with which holders will be able to govern within the ecosystem and receive a percentage of the fees charged for each transaction within the network. The idea is to add value to the project ecosystem and to be able to create a sustainable environment for projects launched in it.

The token is based on the Binance Smart Chain (BSC) network, which is a blockchain network built for running smart contract-based applications, which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. What is special about Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported into Binance Smart Chain as-is), and Ethereum wallets like Metamask can be used as-is.

In the image below, you can see the token distribution mechanism.

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Bounty program

The project gives the opportunity to earn BakeBunny tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5342780.0), where you can access the link in order to see what are the conditions to become an early Bakery Bunny contributor and start acquiring tokens.

For more information about the project, you can visit and read their LitePaper available here (BakeryBunny_LP). You can also stay tuned in their official Telegram Channel (https://t.me/RiseProtocolOfficial). I hope you liked the post and soon I'll send you new ones.

Bounty program

In addition to the Bounty campaign, which ends on June 23rd, the project team has also announced an Airdrop campaign. Full information can be found here: https://t.me/BakerybunnyAirdropBot?start

Roadmap

February 2021
Team formed
Idea and research
March - May 2021
Bakery Bunny development
Legal setup of Bakery Bunny
June 2021
BakeBunny smart contract management implemented
Launch of website
Community building (Airdrop and Bounty)
CrowdFunding initiated
Instant token distribution to all investors/buyers.
July 2021
Liquidity listed and locked with tokens in BakerySwap and Pancakeswap
Launch of BakeryBunny Pool
September 2021
Marketing and partnership
Launch of single-asset vaulting
Launch of Cross-Chain Farming v1.0
December 2021
Arbitrage between BSC and ETH Pools Launch
Q2 2022
Investment Dashboard Launch
Q3 2022
Mobile application for Android and IOS