BunnyPark Weekly Events: BunnyParkSwap Launched + 200,000 USDT to Repurchase $BP in CEX + BP-BNB Farm Launched on BunnyParkSwap
This week was all about BUIDLING a better BunnyPark platform and market value management for $BP.
In fact, some sections were majorly revamped to create a better ecosystem and experience for all bunnies. Let’s find out more about the details below.
15th to 21st January Event Highlights:
▪️ BunnyParkSwap launched (20th January)
▪️ 200,000 USDT allocated from team’s fund to repurchase $BP in CEX (21st January)
▪️ BP-BNB Farm launched on BunnyParkSwap (21st January)
#1 BunnyParkSwap Launched (20th January)
Tadaa! BunnyPark has its own Swap now!
Isn’t this amazing? Now, bunnies can choose to either swap their coins and tokens on BunnyParkSwap or PancakeSwap.
That is not all.
The AMM (automated market maker) that makes up the DEX is trustless and permissionless, where trading orders are executed based on predetermined conditions as long as there is sufficient liquidity in the pool.
With the revamped swap function, bunnies are provided with the options to adjust their slippage tolerance and transaction deadline in the ‘Settings’ regardless if they choose BunnyParkSwap or PancakeSwap.
#2 A Total of 200,000 USDT Allocated from Team’s Fund to Repurchase $BP in CEX (21st January)
As part of $BP’s market value management practice, a total of 200,000 USDT has been allocated from the team’s fund to repurchase $BP in CEX.
Click here for more details.
#3 BP-BNB Farm Launched on BunnyParkSwap (21st January)
To encourage bunnies to add liquidity to BunnyParkSwap, a brand new BP-BNB Farm was launched on top of the existing BP-BNB Farm for PancakeSwap.
This time, $BP rewards for Liquidity Providers will be allocated from the team’s fund, as no $BP will be minted as part of the output reduction plan.
This is your chance to farm without breaking sweat, bunnies. Let’s go!