BUCKSCAKE | Decentralized Finance (DeFi) Platform offering decentralized, more transparent and economically viable blockchain-based services

BucksCake aims to offer the users decentralized financial system by offering decentralized, more transparent and economically viable blockchain-based services in place of the services traditionally provided by centralized institutions.

BUT FIRST, WHAT IS CRYPTOCURRENCY?

Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Counterfeiting and anonymous transactions are impossible to achieve.

INTRODUCING BUCKSCAKE

BucksCake have the real use-case platforms which is the best thing of this project. The platform is the most useful part of this project which push BKC to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the BucksCake this will be the best in the crypto industry. The project is very promising for solution today and in the future.

BucksCake aims to offer our users decentralized financial system by offering decentralized, more transparent and economically viable blockchain-based services in place of the services traditionally provided by centralized institutions. We face challenges and uncertainties every day as a result of unpredictable global events that cause economic turmoil and instability. So there is a growing need for a decentralized, comprehensive and reliable financial system that works for everyone. Still in their infancy, cryptocurrencies and decentralized financial systems are proving that there is an impartial alternative to traditional financial services that are provided to everyone, especially those who need them. We believe that our user is main active for our success. This belief naturally means the importance of providing quality decentralized financial services, security, transparency and ease of use.

Advantages
BucksCake offers users the ability to earn money by Staking, Yield Farming and Cloud Mining on our single platform without risk of losing their funds. The security of our users' funds is a biggest priority for all our team. We believe that our user is main active for our success. This belief naturally means the importance of providing quality decentralized financial services, security, transparency and ease of use.

Their Unique Features

Ultra - Liquid
Users are interested in placing their tokens with the liquidity provider Uniswap. Commissions from these tokens are farmed. The percentage of these commissions is distributed according to an autonomous strategy, like the liquidity of the LP token, and is converted into (ETH-BKC) buyback (increasing the price). Any purchased BKC tokens will be delivered to stakers/farmers.
InflationProof
BKC has a strong impact on every token. Every time BKC token is transferred, a small commission is charged straightly by the farmers. This mechanism of work encourages holding and farming. The maximum number of BKC tokens is 450,000 units. And there will never be more of them.
Distribution
Initial BKCs will be distributed during a pre-sale event, during which a part of received ETH will be swapped for BKC giving the project its first "price pump". After the pre-sale ends, Unsold BKCs will be distributed between users as a one-time subsidy. As marked earlier, BKC doesn't have mining capability, the BKC cap (450,000) is fixed forever. There is no way to release more BKC. Part of unsold BKCs will be used to add liquidity to other DEX platforms such as SushiSwap, and some of them will be handed out as Airdrop to first investors and media partners and some will be burned.

STAKING

Participants can stake BNB, BKC, USDT, DAI, USDC, WBTC, ETH and other ERC20 tokens in DApp found at http://buckscake.com/staking. These tokens are locked for 72hours with a fixed rate of return.

The staking process is fast and easy. Users have full control over their assets through the DApp which is connected to their wallet and can easily take back their funds at the expiration of the staking period. The commission earned by an investor can be influenced by the volume of investors in the pool.

This process reduces the amount of BKC tokens in circulation and improves the value of the tokens.

YIELD FARMING

This is an integral part of Defi that generates funds for investors through mining. BKC farming accepts deposits from investors into their liquidity pool (farmed in Uniswap). The investors earn profit from Uniswap commissions in proportion to the amount of tokens provided.

Investors get UNI2 tokens which are credited to their wallet, in exchange with funds provided. This token gives them access to the Uniswap pool, where they can farm to earn BETH2 tokens which will be converted into ETH2 tokens.

Token Details

Name : BucksCake Token
Symbol : BKC
Type : ERC 20
Total Supply : 450000 BKC

Token is deflational and the burning
mechanism will destroy the tokens that are on farming and staking after a while, leaving the final number of tokens (450,000-90,000) tokens. In total, up to 90,000 tokens will be removed from the ecosystem and a report on this will be published in our communities.

Token Distribution

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%

Roadmap

Q1
Pre-sale of BKC creations
Launching of Staking and Farming Pool
Liquidity Marketing Key
Register on Exchange
Cloud Mining Launch
Q2
Audit
ETH Marketing 2.0
BKC Burn & Buyback Bet
Q3
Audit
New Partnership
Electronic Commerce
Agricultural Expansion
Q4
Partners / Marketing Out of range
Concept Ideas / Audit Projects Product Research