Dear DeFi Hunnies,
Last week, we released an overview of PancakeHunny, including the high-level details behind the HUNNY token and different ways to boost your PancakeHunny incentives. The HUNNY token is essential to accomplishing our vision of being the most engaging and fun DeFi destination.
HUNNY is our native currency and will provide adequate liquidity on PancakeHunny by attracting users who are interested in gamification with the first being HunnyPoker and HunnyLottery as well as an NFT e-mall known as HunnyMall where our unique non-fungible HunnyBunnies are up for sales. We do aim to provide Initial Hunny Offering, a platform for good projects to fund raise and list on our DEX in the very near future. Of course, our main job here is to curate and provide farms with high yields coupled with optimization strategies to create lucrative and attractive rewards to all of our Hunnies!
We’re thrilled to bring you the upcoming pre-sale details of the first DeFi destination with Poker, Lottery, and NFTs.
Pre-Sale Details of PancakeHunny
📢 Pre-sale Announcement
Date: 21 May 2021 UTC 08:00–31 May 2021 UTC 08:00
Target: To raise 200,000 BUSD equivalent of BNB (Public)
Completed: Raised 300,000 BUSD equivalent of BNB (Private)
Allocation: 500,000 BUSD worth of BNB
Returns: 50% in LP token + 50% stake in Hunny Hive
Max allocation per participant: 4 BNB per wallet address
Pre-sale price: 0.1 BUSD/HUNNY.
🍯 Intended Uses
1. HUNNY-BNB Liquidity Pool
Assuming the price of BNB is 400 USD; upon creating the liquidity pool on PancakeSwap, 2,500,000 HUNNY and 625 wBNB will be added into the PancakeSwap Liquidity Pool, with an estimated value of $250,000 (we have completed a round of private sales of value $300,000 which will be added and distributed evenly in HUNNY LP and Hunny Hive equally, all LP token received will be locked away).
LP tokens will be issued to users who purchased Hunny during the pre-sale.
2. HUNNY HIVE
Hunny Hive is the liquidity mining pool that issues wBNB as a reward for staking HUNNY.
When the pool gets created, the presale participants’ 2,500,000 HUNNY will get staked.
625 wBNB will be staked for rewards and these rewards will be distributed to all respective LP holders over a span of 90 days.
There will be a HUNNY lockup for pre-sale participants. Following the launch, the pre-sale HUNNY tokens will be unlocked equally according to the amount of new HUNNY tokens issued.
90 days of continuous staking will be allowed for a full withdrawal of 625 wBNB.
Getting Started with Pre-Sale
Pre-sale is a fundraising vehicle utilized to launch new tokens and bring liquidity to those tokens. In general, you need BNB to participate in this presale. The presale will start on the 21st of May and end on the 31st of May.
We will be listing $HUNNY in PancakeSwap on the 1st June 2021.
When you participate in our presale by putting in BNB, 50% of the BNB will go into HUNNY-BNB liquidity pool (LP) on PancakeSwap, whereas the other 50% will go to Hunny Hive.
How to participate in Presale?
To participate in HUNNY Presale, a URL link will be given on the 21st of May to the community. Stay tuned to our announcement!
To get prepared for the sale:
1. Purchase $BNB tokens.
2. Go to our Presales URL and connect your external wallet (Metamask, TrustWallet, MathWallet, and WalletConnect)
What to do during the sale:
1. While the sale is live, commit your BNB tokens via our website presale page. the presale URL will be announced in our telegram group.
What to do after the sale:
1. When the sale is complete, check the balance in HUNNY-BNB Pool and HUNNY Hive pool. 50% of the tokens will go into HUNNY-BNB liquidity pools(LP), and 50% will be staked in the Hunny Hive.
The HUNNY Pre-sale will be available to everyone. Following the HUNNY Pre-sale, HUNNY will be listed on PancakeSwap.
Updated: How to Participate in PancakeHunny presale: https://medium.com/pancakehunny/hunny-token-pre-sale-how-to-participate-early-e76e1670d52b
About PancakeHunny
🍯 PancakeHunny aims to be the most engaging and fun DeFi destination built on Binance Smart Chain (BSC). On top of that, we are developing a brand new and unprecedented gamified farming playground ♠️♥️♣️♦️ 🎰🎲 where every user can enjoy high yields and exciting games at the same time.
🌐 Website: https://pancakehunny.finance/
💬 Telegram: https://t.me/pancakehunny
🐦 Twitter: http://twitter.com/pancakehunny
👾 Reddit: https://www.reddit.com/r/PancakeHunny/
📝 Medium: https://medium.com/pancakehunny
📄 Whitepaper: https://docs.pancakehunny.finance/
👨💻 GitHub: https://github.com/pancakehunny
