Pancake Bunny is a new and rapidly growing DeFi yield aggregator that is used for PancakeSwap. The Pancake Bunny protocol empowers farmers to leverage their yield-seeking tendencies to optimize yield compounding strategy on BSC. They are providing strategies for the various needs of farmers from the highest yield seekers to the risk reward optimizing smart investors.
Pancake Bunny is a decentralized finance (DeFi) yield aggregator and optimizer for the Binance Smart Chan and Ethereum (ETH), which is used for PancakeSwap (CAKE). The PancakeBunny protocol gives farmers the opportunity to multiply their tokens.
Farmers at Pancake Bunny get permission from private individuals for automatic summation and reinvestment of yield on their behalf through mono-contracts. Users can farm on their own, but doing so involves a complex process of determining the optimal frequency and time at which to increase and reinvest profitability. With PancakeBunny users can delegate this process. The actual farming takes place on PancakeSwap.
The primary goal of the platform is to support the DeFi ecosystem by providing users with an easy way to automatically increase their profitability on Binance Smart Chain. The DeFi industry — especially yield aggregators — experienced a major surge of activity in 2020.
Currently, the majority of the farms are those that exist on Pancake Swap. Essentially the farms on the platform get permission from individuals via smart contracts to automatically compound and reinvest yields on behalf of individuals.
What is The Bunny token
BUNNY Token is the native governance token. BUNNY holders govern our ecosystem and receive the majority of farm performance fee profits. Holding/Staking BUNNY is not only beneficial for individual profits, but also ensures the Bunny Ecosystem runs smoothly.
What are the risks of Farming on Bunny?
Pancake Bunny Systematic Risk would be the decrease of monetary value of assets deposited, be in BNB, CAKE, etc. For example BNB could be $30 when you deposit and $25 when you withdraw
The Idiosyncratic Risk would be risks associated with our actual project. Although our code has been audited by Haechi Labs, there are always risks that projects will fall victim to malicious hackers. That being said, our Bunny developers account for the security risks of smart contracts and only will interact with contracts that meet the security threshold.
What is the Fee Structure?
There is a 0.5% withdrawal fee from Farms only if a Withdrawal happens within 72 hours of deposit. This fee exists to maintain the smooth flow of the ecosystem and to prevent possible exploitation from individuals acting under bad faith. For example if there was no 0.5% withdrawal fee within the 72 hours, someone could keep depositing right before the compounding takes place and withdraw right after and still reap the same benefits and continuous long-term holders.
When you choose to Claim profits from a pool, a 30% performance fee is collected to reward Pancake Bunny stake holders. In return, all pools are rewarded with BUNNY tokens. For every 1 BNB in fees collected, 15 BUNNY is rewarded.
What Makes PancakeBunny (BUNNY) Unique?
Owners of BUNNY tokens control the ecosystem of PancakeBunny and receive most of the profits from farming rewards. BUNNY holders place their tokens in the management pool to claim the profit, which is sent to the pool in the form of Binance Coin (BNB) rewards. The share of profit received by a participant is proportionate to the size of their BUNNY stake: the more tokens you stake, the higher your impact on the ecosystem.
ield Optimization Strategies with PancakeBunny.Finance
A key difference in Yield Farming on Binance Smart Chain is the low gas fee. This makes it much easier for small players and ordinary individuals to enter the DeFi space and still get a good share of the crops with small amounts of capital. Through automation, Bunny allows individuals to reap the benefits of compounding without any additional steps. Bunny calculates the most optimal compounding frequency and automatically compounds your tokens through smart contracts.
Pancake Bunny , like other yield aggregators on BSC, uses Pancake Swap since it is the most prominent platform for Yield Farming. Bunny is continuously striving to create innovative new Yield Optimization Strategies. Currently we have BUNNY, CAKE, BUNNY-BNB, CAKE-BNB BUSD-BNB, USDT-BNB, DAI-BNB, USDC-BNB, VAI-BUSD, USDT-BUSD Pools. F
urthermore, on our website, you can see we have the maximizer vaults. These strategies allow users to get the profits from certain pools and these profits are automatically auto compounded into the CAKE compounding pool, giving users a much greater return, while protecting the principal. We are currently launching cross chain project, which will allow ETH-BSC cross chain, bringing more ETH users on bsc yield farming as well.
Who Are the Founders of PancakeBunny?
PancakeBunny is being built by a group of anonymous developers who claim that their “code [speaks] for itself.” PancakeBunny is developed in cooperation with PancakeSwap.
How Is the PancakeBunny Network Secured?
The PancakeBunny code has been audited by Haechi Labs, a smart contract auditing firm headquartered in South Korea.
Compound Yields with Bunny
The Pancake Bunny team is dedicated to support the underlying DeFi ecosystem by providing users with an easy way to automatically compound their yields through the Binance Smart Chain. The DeFi movement, and more specifically Yield Aggregators, have seen a huge surge in activity in 2020. The Rise of Yearn, which uses existing protocols such as Compound, DyDx, and Curve, has influenced the development of various other Yield Aggregator projects on the Ethereum Network. Our goal is to expand that same interest through the Binance Smart Chain Ecosystem.
Where Can You Buy PancakeBunny (BUNNY)?
Pancake Bunny tokens can be traded on the PancakeSwap decentralized exchange. First time buying Bitcoin or other cryptocurrencies? Click here to read our detailed guide.
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