BucksCake - Decentralized Financial System Based on Decentralized Blockchain


Hello everyone, this time I will introduce a project on decentralized finance with decentralized blockchain-based services, for more details let's just go straight to the review:

About BucksCake

BucksCake aims to offer our users a decentralized financial system by offering blockchain-based services that are decentralized, more transparent and economically viable in lieu of services traditionally provided by centralized institutions. We face challenges and uncertainties on a daily basis as a result of global events that cannot predictable which causes 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, cryptocurrency and decentralized financial systems prove that there is an impartial alternative to traditional financial services provided to everyone, especially those who need them.

WHY BKC?

BKC is a DeFi protocol that aims to provide maximal recoil of the Ethereum ecosystem for everyone with access to the internet.

BKC is unique by it's providing a completely secure
and transparent experience proved by smart contracts and a powerful token system. BKC offers a lot of services, ranging from staking and yield farming, that users can got access on the unified BucksCake platform.

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.

COMMUNITY CONTROLLED
BKC holders will be able to vote on various proposals as long as they have staked liquidity in the pools. Community will decide everything from developer fees and site design to access to specific farming options.

BKC Token

BKC is an ERC20 token and is used in every service available on BucksCake. Maximum supply is 450,000 BKC tokens. 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.


ROADMAP


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Author : cold_murchete

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