PancakeBunny On Polygon

Hello Bunny Fam,

Over the past month Team Bunny has made a considerable investment in the Team’s development capacity in order to deliver our Recovery Plan milestones at a significantly accelerated rate.

Consequently, and as promised in our last announcement, we are proud to announce that Team Bunny is on track to launch our Polygon fork next week! (Join the pre-Launch Liquidity event to get your bonus polyBUNNY here: polygon.pancakebunny.finance)

The strategic importance of the Polygon fork is three-fold. First, conditions on Polygon substantially recapitulate the early conditions on BSC for which the tokenomics of PancakeBunny is optimized. We expect that, subject to the effective execution of the fork, we will be able to replicate on Polygon the virtuous cycle that PancakeBunny successfully created on BSC.

Second, over time, the Polygon fork will contribute significant cross-chain liquidity and fees to the PancakeBunny ecosystem, further amplifying important product innovations such as our Cross Chain Multiplexer suite.

And finally, and only as optimal for PancakeBunny and our Polygon (and other!) fork(s), we will support the cross-chain fungibility of BUNNY and Polygon BUNNY (referred to as “polyBUNNY” for the remainder of this article) to create demand for BUNNY across the full ecosystem of secure and established blockchains.

Stake ETH to Receive Bonus PolyBUNNY

Beginning at 02:00 on 23 June (UTC) and ending at 24:00 on 30 June (UTC), users will be able to provide liquidity to support the launch of PancakeBunny’s Polygon fork and receive bonus polyBUNNY in addition to their regular farming rewards.

For each ETH staked during this pre-launch window, users will receive a bonus of 750 polyBUNNY according to the following mechanism:

1. Suppose you provide 1 ETH on PancakeBunny’s Polygon fork;
2. PancakeBunny mints 750 polyBUNNY, of which 250 polyBUNNY are directly assigned to your wallet;
3. 0.5 ETH and 250 polyBUNNY are used to create a Quickswap LP token which is also assigned to the your wallet;
4. your LP token is automatically staked in the polyBUNNY-ETH Pool to generate Polygon LP farming yields (i.e. polyBUNNY-ETH swap fees + QUICK farming yields + additional polyBUNNY rewards);
5. your 250 polyBUNNY is automatically staked in the Polygon Bunny Pool to generate polyBUNNY yields;
6. the remaining 250 polyBUNNY and 0.5 ETH are held by the Polygon Bunny Pool in the form of polyBUNNY-ETH, and distributed over the next 90 days (post-Launch) in the form of polyBUNNY (not the LP);
7. staked pre-launch polyBUNNY-ETH LP and polyBUNNY tokens are locked up for up to 90 days, subject to the ratio of pre-launch polyBUNNY to polyBUNNY minted post-launch.

Stay Tuned for Further Details!

Thank you, Bunny Fam, for your steadfast support as Team Bunny aggressively expands the PancakeBunny ecosystem to drive the recovery of the PancakeBunny Community! Please stay tuned for more details as we get closer to the launch date of our PancakeBunny Polygon fork next week. And remember, as always, Keep Calm and HOP ON!

Welcome to the Bunny Community. Join us on our Defi journey!

Twitter: https://twitter.com/PancakeBunnyFin

Discord: https://discord.gg/HUYu6UJSZy

Telegram: https://t.me/pancakebunny_fin

Telegram (Chinese): https://t.me/joinchat/CuUBxGyRs45hN2Fh