Mound Weekly Bulletin 12/10
Hey Mound Fam,
Welcome to our weekly dev blog where we keep the Community up to date about what to expect in the coming week, and provide a quick recap of the previous week.
We’re nearing our launch for leveraged yield farming on PancakeBunny. Leveraged yield farming is a mechanism that allows farmers to increase their farming position by first supplying a supported token, and then borrowing external liquidity to stake an increased amount.
We’ll have a breakdown of the UI and parameters as well as documentation prior to our target launch of December 15th. Apologies for the delays.
Qubit — X-Collateral
Qubit’s X-Collateral is coming! This is a new feature that allows investors to borrow from one chain with assets from another chain as collateral.
The key use case is for Ethereum holders to supply their ETH and then borrow on the tokens BSC in order to invest without dealing with the typically high gas fees on the Ethereum network.
This is one of our team’s most anticipated features and a landmark step for the ecosystem. We’ll be ready to launch by the end of next week.
Last week recap:
Bunny x Trefethen NFT Collaboration
You only have a few days to bid on the Crypto Heroes Cab collection on Cantata. Winners will receive the bottle with the corresponding NFT printed on the label (ETA early 2022 for custom printing). Our team is also working on entitlements such as whitelisting for subsequent drops or other privileges. Read the official post here. You can also visit Trefethen’s information page here.
MOUND is the innovative team behind Pancake Bunny, one of the leading DeFi platforms on BSC. Team MOUND is composed of developers and entrepreneurs with extensive experience across games, social platforms, quantitative financial services, and blockchain projects.
Official Bunny Finance Channels
One of the most popular auto-compounding yield aggregators on the Binance Smart Chain. https://pancakebunny.finance/