PancakeHunny is the newest DeFi yield aggregator built on BSC, the aim is to provide users with the most convenient way of yield farming, at the same time, optimising their returns and creating a fun and engaging experience for all users through the integrated games such as HunnyPoker. They are constantly curating the best yield farms for the users.
The live PANCAKE HUNNY price today is $0.471284 USD with a 24-hour trading volume of $298,878 USD. PANCAKE HUNNY is down 0.68% in the last 24 hours. The current CoinMarketCap ranking is #2912, with a live market cap of not available. The circulating supply is not available and a max. supply of 12,511,727 HUNNY coins.
PancakeHunny Defi aims to provide users the easiest way to join the bandwagon of the DeFi world, built on top of PancakeSwap, giving you the tastiest CAKEs topped with HUNNY. They support the underlying DeFi technology and ecosystem to compound user yields through the Binance Smart Chain (BSC).
They have seen a huge surge in DeFi activity in 2020 since the rise of Yield Aggregator projects on different blockchain networks with existing protocols such as MakerDAO, Aave, Compound, and etc. As a Yield Aggregator with a vital role in the yield farming economy, they are leveraging different DeFi protocols and strategies to maximize user profits.
Optimise Your Yield with PancakeHunny
The best reason to do Yield Farming on BSC is the low gas fee and create a low barrier of entry for individuals to come into the enchanting DeFi space and able to earn good returns harvesting the crops with little capital. Through smart contracts, PancakeHunny allow individuals to reap the fruits of compounding without any hassle as we calculate the best compounding frequency and automatically compound users’ tokens.
PancakeHunny does yield farming with the leading DeFi players in the market such as PancakeSwap, Venus, PancakeBunny, etc. since they are one of the leading and innovative platforms around. PancakeHunny is dedicated to curating new and better Yield Optimization Strategies. Currently, we have HUNNY Hive, CAKE Hive, BANANA Hive, HUNNY-BNB HIVE, CAKE-BNB, BUNNY-BNB, BANANA-BNB, LINK-BNB, USDT-BNB, BUSD-BNB, DOGE-BNB Hives to satisfy your appetite for higher yields.
If you love Texas Hold’em, try your luck to win more HUNNY from HunnyPoker. Through HunnyPoker, we want our community to come together to bond and unwind. The rakes received from all poker games will be split into portions, one to be burnt, one for the dev team and the remaining will go into the HunnyJar which will be distributed amongst our valued members (BumbleBees & HunnyBees).
Earn More HUNNY by Playing With Your Friends
Connect your wallet to PancakeHunny Defi , a random username will be assigned to you which you may change thereafter. Our system will create a referral code so that users can refer their friends to play. You can also set up a private VIP room in HunnyPoker to have a round of poker with only invited friends! Based on the number of friends that the user has introduced to play HunnyPoker together, he/she stands a chance to earn additional rewards from HunnyJar.
For the poker games, as mentioned earlier, there is a total of 5% rake collected from each game, of the 5%, 2% goes into the HunnyJar (including a portion of the HunnyLottery earnings). There are 2 ranks that users can strive to achieve for more rewards: HunnyBee and BumbleBee.
To be promoted to be HunnyBee, users will need to refer 20 users to join HunnyPoker. 60% of the HunnyJar will be distributed amongst HunnyBees.
To be promoted to be BumbleBee, users will need to refer 200 users to join HunnyPoker, 40% of the HunnyJar earned will be distributed amongst BumbleBees.
Upon creating the liquidity pool on PancakeHunny Defi , 2,500,000 $HUNNY and 625 $BNB will be added into the PancakeSwap Liquidity Pool, with an estimated value of $250,000 (we have completed a round of private sales of value $300,000 which will be added and distributed evenly in HUNNY-BNB LP and HUNNY Hive equally, all LP tokens received will be locked away). LP tokens will be issued to users who participated in the pre-sale.
The core HUNNY pool a.k.a HUNNY+ Hive is the main pool whereby users will be rewarded with wBNB for staking $HUNNY. During the pre-sale, we will have received another 625 BNB, issuing 2,500,000 $HUNNY as LP tokens to users.
HUNNY+ Auto Compounding Hive
In this hive, users can stake using their $HUNNY tokens, while getting back wBNB. The APR for this farm is dependent on the performance of all the other farms, since the 30% performance fees on other farms are what is collected and given out as the reward/ROI for the HUNNY pool.
CAKE Hive & Rest of Single Asset Hives
Stake $CAKE or respective tokens in our Hives, and be rewarded in $CAKE (or respective tokens) + $HUNNY. There should be a withdrawal fee of 0.5% if withdrawn within 48 hours. With the auto-compounding farms, users can claim their profits, without exiting the farm.
Rest of PancakeHunny Farms
Currently, PancakeHunny have CAKE-BNB, BUSD-BNB, USDT-BNB, DOGE-BNB Hives on PancakesHunny. The smart contracts automatically compound your investments, giving you a higher APY. For these pools, as profit you will be getting the respective tokens of the pool, as well as $HUNNY. 30% of profits will be collected and given as $HUNNY tokens. You can claim all of your profits, without exiting the farm.
Hive Profit Breakdown
All profits earned in all farms are being compounded before any withdrawals, you may withdraw your tokens anytime bearing in mind that there will be a 0.5% fees if withdrawal in made within 48 hours. Upon withdrawal, 30% of the farming profits will be calculated as per the price of $BNB. Every 1 $BNB collected, 1200 $HUNNY will be minted for distribution. What you see on the PancakeHunny display is only an estimation and will only be affirmed on the exact time of profit claims or withdrawal.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.