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Pancake Bunny Defi Coin Review: No Loss Jackpot For Bunny Lovers

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About Pancake Bunny Defi

Pancake Bunny Defi 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.

Project Pancake Bunny Defi Facts

FrontierFacts
Defi Coin NamePancake Bunny
Short Name BUNNY
Circulating Supply510,232.00 BUNNY
ExploreClick Here To Visit Explore
Chat Option Click Here To Visit Chat
Total Supply910,789
Official WebsiteClick Here To Visit

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.

Track Your Crypto Portfolio From Anywhere

If you have a hardware wallet, Crypto Pro lets you connect it to the app to track your portfolio. You can also choose which crypto exchange the tracker pulls data from, making it the most accurate and customizable crypto portfolio tracker available.

If you don’t want to constantly monitor the crypto markets, then you should consider using Crypto Pro. Crypto Pro is a portfolio tracker, and it can send you notifications when there are major spikes in volatility. You can adjust these notifications, so you’ll only get notified on price movements that are relevant to your portfolio.

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.

Is Pancake Bunny a Good Investment?

Much of Pancake Bunny’s price is due to speculation, but the project is far more developed than other platforms on the Binance Smart Chain. If you believe that more users will continue to adopt BSC as Ethereum transaction fees continue to rise, then BUNNY may be a good investment for you. 

How Many PancakeBunny (BUNNY) Coins Are There in Circulation?

The BUNNY token doesn’t have a maximum supply. Instead, for 1 BNB earned in performance fees, 5 new BUNNY are minted via a smart contract. There is a maximum supply of 1,000,000 tokens; no circulating supply data is available as of March 2021.

The token’s fee structure is as follows: 30% is allocated as a performance fee for the processing of BUNNY transactions and 0.5% is charged as a withdrawal fee if the withdrawal takes place within 72 hours of deposit.

The 30% performance fee is given to the BUNNY stakers. For as long as the price of BUNNY is above 1BNB/10, participants are making money via the performance fee system. Ultimately, all fees are used as rewards for staking BUNNY — an approach that is expected to ensure the sustainability and longevity of PancakeBunny.

Leverage your Crypto & Earn Interest

Looking to leverage your cryptocurrency positions? BlockFi offers cryptocurrency collateralized loans to its users, without needing any approval whatsoever. To secure a loan, you must collateralize your cryptocurrency. This way, if you default on your loan, BlockFi will be paid back with your collateral.

Bullish cryptocurrency investors can use BlockFi to increase their profit potential. You can use the loan for whatever you want, but most investors use it to increase their cryptocurrency positions.

If you’re a risk-tolerant investor, then leveraging your crypto assets may not be for you. In addition to offering loans, BlockFi offers cryptocurrency savings accounts, and they offer competitive interest rates much higher than traditional bank accounts. Depending on the cryptocurrency you deposit to your account, you can earn anywhere from 5% to 15% annual interest, paid in crypto.

Price

The live Pancake Bunny price today is $17.25 USD with a 24-hour trading volume of $6,478,923 USD. Pancake Bunny is down 2.39% in the last 24 hours. The current CoinMarketCap ranking is #879, with a live market cap of $8,799,401 USD. It has a circulating supply of 510,232 BUNNY coins and a max. supply of 1,000,000 BUNNY coins.

How Is the PancakeBunny Network Secured?

The PancakeBunny code has been audited by Haechi Labs, a smart contract auditing firm headquartered in South Korea.

Pancake Bunny Markets

Pancake Bunny Defi Coin Review: No Loss Jackpot For Bunny Lovers

Where Can You Buy PancakeBunny (BUNNY)?

BUNNY tokens can be traded on the PancakeSwap decentralized exchange. First time buying Bitcoin or other cryptocurrencies? Click here to read the detailed guide.

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