The greater ecosystem of decentralized finance (DeFi), particularly the yield aggregators, experienced very significant growth in 2020. From there, optimization opportunities emerged that the team felt poised to innovate upon.
The Bunny protocol was created to provide users with an easy way to automatically compound the returns of their investments made through the Binance BSC Smart Chain (BSC) and more recently the Polygon Chain.
Optimizing returns with the Bunny protocol
The yield farming service provided by Bunny is enabled by the use of ‘Pools’, in which individuals stake their crypto tokens.
Through automation, Bunny enables individuals to participate in pools, farm yields, and enjoy the benefits of compound interest without having to go through several complex steps. Bunny calculates the most optimal compounding frequency and automatically reinvests tokens via smart contracts.
The BUNNY token doesn’t have a max supply. For every 1 BNB earned in the performance fees, 40 BUNNY is minted, so supply is not capped at the moment. We may establish new strategies to limit the cap or burn some tokens, however currently we are focused on the growth of the BUNNY token. You can earn BUNNY by using the farms, or you can buy BUNNY through our zap function. Roughly 13% of all BUNNY mints will go towards development to ensure rapid innovation.
Honest $cake Farmers: Deposit CAKE-BNB LP and reap the benefits of the compounding effect. With Simple Interest, the APY is 150% for CAKE-BNB, however, if this gets compounded it becomes 347% APY. The assumptions are the following: 1) initial capital is $1m, 2) transaction cost: $1, 3)Compounded Once Daily. The transaction cost assumes it takes 4-5 steps for Pancake Bunny to compound deposits. Around 25% of Bunny’s profits will be bonuses. Some percent of the farming profits will be saved as BNB in the BUNNY Reward Pool.
Degens: Buy BUNNY at the start of launch. Sell when the price becomes high enough to fulfill your greedy desire. The Probability of BUNNY dropping below the initial price of $3 is very low. 1) Presale Participants bought BUNNY at $3 and will not sell below that price at a loss. 2) As BUNNY Price goes up, Bunny issued volume will decrease.
Smart Investors: Stake BUNNY long-term. The APY of BUNNY Pool is amazing and real! The meaning of BUNNY Pool’s APY 100% is if you buy $10 worth of BUNNY now and stake it for 1 year, you will receive $10 worth of BNB. If you sell the remaining BUNNY on the market, you can also capitalize on profits there. If you are a wise investor, you would meticulously analyze the APY of the staking pool and earn profits not only from the BNB rewards, but also from selling the BUNNY as well.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.