BUCKSCAKE OFFERS DEFI SERVICES IN ONE ECOSYSTEM
While there may be nothing like the Next Big Thing in the cryptocurrency industry, there are projects that are worth the hype.
Ever since Decentralized Finance (DeFi) became popular, it has been one innovation after another.
Currently, more hands are needed on deck to improve the fortunes of the DeFi ecosystem.
I am pleased to introduce you to a platform that offers most of the DeFi services you need. That platform is called BucksCake.
This platform wants to offer you a full-scale DeFi service.
So, if you have been looking for where to get DeFi services in a box, you know where to look for it.
PROJECT MISSION
Decentralized Finance (DeFi) is a budding financial ecosystem within the cryptocurrency industry. It is one of the cryptocurrency ecosystems that work and implements the core of cryptocurrency payments, which is decentralization.
BucksCake works on that same framework by launching an inclusive ecosystem that houses most of the Decentralized Finance (DeFi) instruments you need.
Read on to learn more about this project, as well as some of the benefits you will derive from capitalizing on all that it presents.
BUCKSCAKE RETURNS CONTROL TO THE COMMUNITY
Cryptocurrencies do not only empower you to control your finances. You will also be allowed to control other important aspects of your financial life, including control over the decentralized system.
That is the first thing that BucksCake does – returning control of the DeFi ecosystem is set up for the community. This means that as a holder of the BucksCake token (BKC), you are automatically qualified to contribute meaningfully to the governance of the broader BucksCake ecosystem.
UNIQUE TOKEN DISTRIBUTION
The distribution process of crypto tokens is very important because it forms part of the Fundamental Analysis (F.A.) metrics used for adjudging the continued increase in the value of such a crypto token.
BucksCake is one of the cryptocurrency projects that take the token distribution mechanism seriously. This is evident in the unique token distribution process.
Starting from the circulating supply of the BucksCake token (BKC) to the distribution model, everything is done in a way that the value will be projected to increase in the coming months and years.
For example, the token supply is limited to around 450,000 units. This is impressive, considering that some crypto tokens issue up to 500 million units. Yet, those crypto-tokens continue to do well in the market. I believe that the limited supply of the BucksCake token (BKC) is one of the core metrics that will bolster the adoption of the token, as well as the increased value over time.
Second, the BucksCake token (BKC) uses a Deflationary Mechanism, which is a tactical way of reducing the supply of the token. Over time, the more transactions are conducted using the BKC token, the more the supply rate of the token will diminish. In a couple of years, we will only have a few BucksCake tokens (BKC) in circulation. That would, in turn, trigger an increase in the demand for the token.
CONCLUSION
BucksCake has a visionary approach to how Decentralized Finance (DeFi) should be accepted and used across different industries.
From the varieties of services and innovations, it is looking to implement, BucksCake will set a new standard for DeFi for other DeFi-centric projects to either imitate or improve on.
USEFUL LINKS
BucksCake's Telegram Group: https://t.me/BucksCakePublicChat
BucksCake's Telegram Channel:
https://t.me/BucksCakeHub
BucksCake's Homepage:
https://buckscake.com
BucksCake's Twitter:
https://twitter.com/bucks_cake
AUTHOR
Bitcointalk Username: Intertek
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2760026;sa=summary