BunSwap!
Familiar with PancakeSwap? Then you’ll have no issue grasping BunSwap. Both are incredibly similar in design.
BUNS is a Governance token for BunSwap, soon to be launched. A community owned Decentralized Exchange combined with many features.
The Exchange
BunSwap uses an automated market maker (AMM) model same with pancakeswap. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.
Those pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
Farming and Staking
But wait, there’s more! BunSwap also allows you to farm a secondary token – PATTY. If you stake BUNS you will recive PATTY
So you’ve deposited some funds to receive LP tokens, and you’ve used them to farm BUNS. From there, you can stake your BUNS tokens to receive PATTY, which will have further functionality as governance tokens (and as tickets in an upcoming lottery mechanism).
According to the site, newly-minted BUNS is issued in the following manner:
75% is allocated to token farmers
25% is allocated to PATTY holders
Using BunSwap
You’ll notice, if you visit https://bunswap.app/ that many features are inaccessible until you Unlock Wallet. Click on a button prompting you to do so, and you’ll be met with two options: MetaMask, and WalletConnect. But wait, we hear you say, isn’t MetaMask an Ethereum wallet?
Yes it is, but the architecture of Ethereum blockchain is such that you can use MetaMask to interact with ETH DApps. If you choose to use MetaMask, we suggest you check out the How to Use MetaMask guide, then follow the steps in the Ethereum Chain Docs to hook it up with Ethereum blockchain.
Once you’ve got that set up, you can unlock your wallet to reveal additional information.
PRESALE LIVE
To participate visit: https://bunswap.app/BUNS-Presale
Note: Need Metamask, TrustWallet or any dApps browser.
▶️Contract Address: https://etherscan.io/token/0xe2da9c548261dc39fedee88b3c4a50c8f681b0b2
1 ETH = 35,000 BUNS
Minimum ETH: 0.1ETH
Maximum eth: No Limit
For every BUNS token you hold, you will receive a PATTY token automatically once the dapps is ready & deployed. Ratio will be 1:1 (1 BUNS = 1 PATTY). PATTY token can be used for farming and other exciting features. HOLD your BUNS until December 15, 2020 for you to qualify and there will be a snapshot after the said date.
https://docs.google.com/forms/d/e/1FAIpQLSfh2Ws7GmLfx3N-mX_ZwhE-2aWmCpIepS4pPN7KMMPvPzwcpg/viewform
🌐Official Links:
🍔Telegram Community: https://t.me/bunswap1
🍔Telegram channel: https://t.me/Bunswap3
🍔Twitter: https://twitter.com/Bun_Swap
🍔Medium : https://bunswapgovernance.medium.com/
🍔Reddit : https://www.reddit.com/u/Bun_Swap