Review BucksCake Decentralized Finance (DeFi) | BucksCake offers users the ability to earn money by Staking, Yield Farming and Cloud Mining.

April 13, 2021

The new BucksCake company kicked off by issuing the BKC token. BucksCake Company - DeFi platform with ETH 2.0 support for staking, profit, cloud mining and exchange. To mine cryptocurrency like BKC, you don’t have to buy ASICs or follow mining farms. Staking is the future of the crypto industry. Sometimes it is enough to store coins that work on an algorithm and receive passive income. But you can also use the company’s services as cloud mining, which is very profitable. The principle of staking is often compared to a bank deposit, when the user deposits money into an account at interest. for a certain period of time, and the more funds are in the account, the greater the profit. The same rule applies to the staking of BKC digital coins. Thanks to decentralized finance (DeFi), BucksCake offers users the ability to make money through staking, profitable farming and cloud mining on the platform without the risk of losing their funds. Computer power does not affect income in any way, it is important only the balance of the wallet and the shelf life of the cryptocurrency. Tken BKC works in the Ethereum ERC-20 system, which makes transactions safe as well as when making transactions.

Company functions:

ULTRA — LIQUID

Users interested in placing their tokens with the liquidity provider Uniswap can place them. Commissions are generated from these tokens. A percentage of these commissions are distributed according to an autonomous strategy such as LP token liquidity and converted into buyback (ETH-BKC) (price increase). Any purchased BKC tokens will be delivered to the stakers / farmers.

INFLATIONARY

BKC has a strong impact on every token. Every time a BKC token is transferred, farmers charge a small commission directly. This mechanism of work encourages ownership and management. The maximum number of BKC tokens is 450,000 units. And they will never be again.

COMMUNITY CONTROL

BKC holders will be able to vote on various proposals if they have put liquidity in pools. The community will decide everything from developer fees and site design to access to specific farming options.

DISTRIBUTION

The initial BKC will be distributed during a pre-sale promotion, during which a portion of the received ETH will be exchanged for BKC, which will give the project the first “price pump”. After the pre-sale ends, the unallocated BKCs will be distributed to users as a one-time subsidy. As noted earlier, BKC has no mining capability, the BKC cap (450,000) is fixed forever. There is no way to release more BKC. The unallocated BKC will be used to add liquidity to other DEX platforms such as SushiSwap, and some will be airdropped to early investors and media partners, and some will be permanently blocked.

There is a rule in business based on its customers. The better the clients work, and then the team does their job much better. The new company has created all the conditions for investment and the best opportunity to join the project for profit. Join by reading on the official page of the company.