Bunny Finance

Jun 25, 2021

2 min read

Polygon Pre-Launch Liquidity Is Ahead of Schedule!

Hey Bunny Fam! 🐰🐰🐰

Our Polygon Pre-Launch Liquidity Event started on 23 June and is currently underway. Team Bunny has been very gratified and surprised by the amazing rapidity with which the Community has contributed ETH liquidity to the project! As many of you know, it is vitally important for a project to have enough liquidity on hand when it is launched, but it is just as important for the liquidity on hand not to exceed substantially the optimum amount needed to grow TVL in the immediate term.

Team Bunny is happy to report that we are fast approaching our ETH pre-launch liquidity goal. In fact, in order to avoid exceeding the projected optimal amount of liquidity, we will need to stop accepting liquidity well ahead of our original end date. Consequently, we will be ending our Liquidity Event when the total amount of liquidity provided reaches 3000 ETH, or at 00:00 on 27 June (UTC), whichever comes first. Subsequently, the Polygon.PancakeBunny pool list will open on 29 June at 02:00 (UTC), and the polyBUNNY-ETH Pool will open for farming between 00:00–02:00 on July 1 (UTC).

Remember, as was the case with PancakeBunny last November, in order to maximize TVL growth we must limit our seed liquidity to the minimum amount necessary to jumpstart the platform. This takes especially careful calibration given the significant amount of polyBUNNY rewarded per ETH of liquidity provided. Team Bunny is truly humbled by the Community’s enthusiastic support for our Recovery Plan and the expansion of the PancakeBunny ecosystem. Please stay tuned for further details, and in the meantime, as always, Keep Calm and HOP ON!

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

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