BucksCake's Decentralized Financial System Review

19 days ago

What is BucksCake about?

BucksCake's Decentralized Financial System Concept

BucksCake aims to establish a decentralized financial infrastructure for our users by providing decentralized, more open, and economically viable blockchain-based services in lieu of centralized institutions' services.
Transparency and security are two of our team's key priorities. First, best audit firms will examine our BKC token contract and smart contracts. Second, team tokens, contractor tokens, and marketing tokens will be safely deposited in a smart contract with a fixed expiration date, and third, initial liquidity tokens will be blocked on Uniswap and their addresses will be made public.

Banks, states, and financial systems have a history of being distorted and vulnerable to global economic changes. BucksCake aims to establish a decentralized financial infrastructure for our users by delivering decentralized, more open, and economically viable blockchain-based services in lieu of centralized institutions' services. As a result of volatile global events that trigger economic turbulence and uncertainty, we face threats and uncertainties every day. As a result, there is an increasing demand for a decentralized, comprehensive, and trustworthy financial system that benefits all. Cryptocurrencies and decentralized financial structures, though still in their infancy, are showing that there is a neutral alternative to conventional financial services that are offered to all, particularly those who need them.

Ultra Liquid

Users want to deposit their tokens with Uniswap, a liquidity provider. These tokens' commissions are farmed. The commission percentage is allocated according to an autonomous plan, similar to the liquidity of the LP token, and is transformed into (ETH-BKC) buybacks (increasing the price). Stakers/farmers will receive any BKC tokens purchased.

Regulated BY THE COMMUNITY

As long as they have staked liquidity in the pools, BKC holders will be able to vote on various proposals. Anything from developer fees and site design to access to unique farming choices will be determined by the group.

PROOF AGAINST INFLATION

BKC has a major influence on all tokens. Farmers charge a small commission any time a BKC token is transferred. Holding and farming are encouraged by this job mechanism. The total number of BKC tokens available is 450,000. There will never be another one.

MANAGEMENT

The first BKCs will be distributed during a pre-sale operation, during which a portion of the ETH obtained will be exchanged for BKC, resulting in the project's first "price pump." Undistributed BKCs will be allocated to consumers as a one-time subsidy after the pre-sale ends. As previously mentioned, BKC does not have mining capabilities, and the BKC limit (450,000) is set in stone. There isn't any way to get more BKC. Undistributed BKC will be used to add liquidity to other DEX sites like SushiSwap, and some will be given out as an Airdrop to early investors and media partners, while others will be locked in perpetuity.

WHAT IS THE Intention OF BUCKSCAKE?

BucksCake's Decentralized Finance (DeFi) allows users to earn money by staking, yield farming, and cloud mining on a single platform without risking their funds being lost. The protection of our users' funds is a top priority for everyone on our team.

We assume that our users are the most important factor in our growth. This conviction entails the value of providing high-quality decentralized financial services, as well as stability, accountability, and usability.

Token info

Max Supply - 450,000 BKC
Token Name - BucksCake's
Token Symbol - BKC
Pre-sale: 94,500 BKC — 21%
Community: 135,000 BKC — 30%
Staking: 90,000 BKC — 20%
Liquidity Lock: 90,000 BKC — 20%
Marketing: 9,000 BKC — 2%
Team: 22,500 BKC — 5%
Reserve: 9,000 BKC — 2%

More info links to BucksCake's

Website: https://buckscake.com
Twitter : https://twitter.com/bucks_cake
Telegram Channel: https://t.me/BucksCakeHub
Telegram Group: https://t.me/BucksCakePublicChat
Whitepaper: https://buckscake.com/whitepaper.pdf

Author
Bitcointalk username : methereums
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1423980
ETH Wallet address : 0x4156f804a6869c4382Ec14b9e60f634319B2839B

#BKC #eth2 #defi #airdrops



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