We had our AMA with BabySwap đź’Ą
đź“… 6th October 2021
đź•’ 8:00AM UTC
đź“Ť https://t.me/baby_swap
The transcript of the Telegram AMA begins below:
Introduction of the project
PancakeHunny is a DeFi platform, more specifically a yield optimizer built on Binance Smart Chain (BSC). We offer one of the highest returns in the BSC DeFi space.
Our codes and smart contracts are audited by one of the most reputable blockchain audit firms, CertiK, and further enhanced our smart contract security with Certik Skynet and Certik Shield.
With the recent launch of our integrated gaming portal — HunnyPlay, users can look forward to an immersive experience, playing instantly simply by connecting your wallet to HunnyPlay.
PancakeHunny will have its own NFT marketplace and NFT games as well. This is to create an engaging ecosystem where our users can Stake, Earn & Play.
So in a nutshell:
PancakeHunny is a yield optimizer, HunnyPlay that integrates i-gaming such as slots, live games etc, and HunnyPoker. This October until the end of the year, we will be launching NFT Marketplace, NFT Staking Vault, NFT P2E game, and distributing our overall profits via HunnyJar.
Q1 Please give an introduction to yourself, what is your background that led to the development of PancakeHunny?
We are a group of developers who are very much into yield farming and trading ourselves. Before the boom of the crypto and DeFi space, we have built web and mobile applications, CRM systems, security systems, trading tools, and platforms for financial institutions And currently, we are a team of 35 and growing, covering full-stack developments from UIUX design, smart contract developments, network and security, game studio, business development, and marketing.
Since we’ve started our journey in DeFi, we have been constantly looking out for high yields, but more than that, we are always hoping for one that actually promotes experience for its users, having a token that has actual utilities and carrying the spirit of community building, at the same time, transparent, fair and sustainable.
Hence, the birth of PancakeHunny.
Q2 What is $HUNNY and how is it used on your platform?
HUNNY is our native token where users can stake on our farms to earn their favourite token and at the same time topped with HUNNY.
Our HUNNY token can also be used to stake in our native farms such as the Auto-Compounding HUNNY Hive, HUNNY-BNB LP Hive, and HUNNY ACE Hive, giving our users even more HUNNY, users can also win more HUNNY with our newly released HunnyPlay, HunnyPoker as well as the upcoming P2E game.
HUNNY doesn’t have a capped supply, however, our team aims to make deflation higher than emission by building deflationary mechanisms into PancakeHunny’s products such as our Farming Hives, HunnyLottery, HunnyPlay, HunnyPoker with more on the way.
The goal is for more HUNNY to leave circulation than the amount of HUNNY that is produced.
Q3 Tell us more on your steps to assure funds are safe with you?
PancakeHunny takes security very seriously, therefore our contracts have been audited by one of the most reputable blockchain audit firms CertiK and we are moving up a notch by taking up Certik’s security suite consisting of Certik Skynet and Certik Shield.
If you search “hunny safety score” in twitter, we have been constantly featured as one of the top highest safety score projects in bsc_daily since July. https://twitter.com/bsc_daily/status/1442867191867654145
We have also enhanced our security with Chainlink’s Price Feeds Oracles — the industry standard for decentralized price oracles to prevent flash loans due to price manipulation. This will improve the overall security and accuracy of valuing user deposits.
All deposit and withdrawal transactions are done on the blockchain, users can easily verify their transaction on-chain. That’s also the benefit of integrating blockchain into online gaming as well, it increases trust, security, transparency, and the traceability of chain data.
Q4 Can you tell us more about your farms and pools?
We are constantly curating the best yield farms for our various pools to ensure we stay competitive, our pools supported ranges from LP pools ( HUNNY/BNB, CAKE/BNB, etc.) to various single asset pools such as BNB, CAKE, BANANA, USDT, USDC pools and many more.
Recently we have included quite a few single asset farms such as BNB, CAKE, FIL, USDT, BTC, ETH, and so on.
And of course $BABY! You can now stake $BABY and earn $BABY+$HUNNY. YES WE LOVE $BABY!
As we are hunters of best yield farms, one of our latest developments is the “Hunting Mode” of our farms, re-routing our farms to those with higher yields, this is an important function being a true blue yield optimizer, giving our BNB hive over 200% APY at times. And currently, we are still one of the top farms that offer high APY for major coins.
Q5 Tell us more about your online gaming platform HunnyPlay.
HunnyPlay aims to be the most engaging and fun destination built on Binance Smart Chain (BSC). 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.
HunnyPlay is our very own gaming playground with all settlements/payments integrated on BSC (and soon, on more chains) for a transparent and secure way of online gaming.
You can find a whole load of games packed into HunnyPlay such as Slots, Bingo, Money Wheel, Deal or No Deal, Blackjack, Roulette, Baccarat, Sic Bo, Poker, RNG, LIVE games, and virtual sports games.
All earnings received from HunnyPlay games will be split into portions, one to be burnt, one to cover the cost/expenses, and the remaining will go into the HunnyJar which will be distributed amongst our valued members (BumbleBees & HunnyBees).
With our partnership with BabySwap, we are now accepting $BABY in HunnyPlay! You can take a look at BabySwap’s Playground here: https://home.babyswap.finance/playground.
Recently we have included an awesome VIP Cashback Program that can go up to 28% cashback, the highest in the iGaming scene. Players can also participate in our **Referral Program** to earn all referrals 1.5% on winnings bets. So regardless of whether you win or lose, everyone wins something.
Q6 Can you share more on the vision and future plans of PancakeHunny?
PancakeHunny was created with the vision of being the one-stop DeFi platform built on BSC, offering users one of, if not, the best yields in the farming scene while providing a unique and entertaining experience where users can try their luck at HunnyPlay, offering a wide array of games of chance.
Users can also participate in our attractive referral campaigns and ongoing promotions. On top of that, users can build their way up to become a HunnyBee/BumbleBee where they will own a share of HunnyJar, a collective pot of funds gathered from all sources of revenue from PancakeHunny and HunnyPlay.
Next up, we will be launching our NFT marketplace where users can own their favourite HunnyBunnies and these NFTs can be used in our upcoming P2E game. This NFT platform also allows users to buy/sell/auction external NFTs, create and mint their own NFTs as well!
Next month we will launch our HunnyPoker V2.0, which is a P2P version of poker where you can start a table to play with your friends. Here’s a sneak peek to our HunnyPoker v2.
Future plans would include the expansion of our farms, offering cross-chain farming options, and creating further diversified farming pools where users can have a more balanced portfolio within a single pool.
We will also be expanding on our overall P2E game infrastructure as well as increasing more games, features, and functions within HunnyPlay.
We aim to be the leader in the space of DeFi yield farming, more than that, we want to present to the world an unprecedented DeFi ecosystem consisting of farming, gaming, and all other investment possibilities built on-chain.
For more information on our roadmap, you can refer to this image
Q7 Tell us more about your upcoming NFT plans.
We know all Hunnies have been waiting for this since day 1! We are super hyped for Hunny NFTs and hope we are still in time for the NFT hype, and can’t wait to tell you what we’re working on! There will be 3 different types of NFTs:
(1) Collectible NFTs
(2) Staking NFTs via NFT Vault
(3) Gaming p2e NFTs
(1) Collectibles NFTs: To satisfy your obsession with our HunnyBunnies, we are going to pre-mint only 300 Hunny collectible NFTs for our first series.
For the first batch, we will have 50 pieces of 6 HunnyBunnies from the Original (OG) series in Phase 1 with different sets of attributes to define their rarity. We will have other collections such as Cyber Hunnies, Collab series, Real Hunnies series coming soon after Phase 1.
(2) Staking NFTs gameplay with NFT Vault: Our team has worked really hard (and smart) on this staking gameplay to make it more interactive for all Hunnies!
There will be 3 different decks i.e. Gold, Silver, and Bronze, each deck comes with 52 cards, which will give a total number of 156 Unlimited Cards. 13 Hunnies were also selected to be included in these decks. (Psst!….in each deck, there will also be 1 extra special card 🤡!)
Start collecting your favorite cards, more to be revealed soon!
Hint: If you know how to play poker, you will know what to collect.
Stake your cards in the NFT Vault and start earning BNB + CAKE + HUNNY! Isn’t this the dream combination of earnings??
(3) Gaming NFTs: We’ll also be dropping gaming NFTs for our Play-To-Earn game soon!
Amidst the development of the game, our developers are also building on cross-chain capabilities and we will release more information once details are confirmed. So stay tuned to our social media for more updates.
We are ready to launch both the NFT and NFT P2P Marketplace in mid-October. Once you buy the NFTs, you can list them on our Hunny P2P Marketplace where other Hunnies can offer to buy from you.
P.S. Load up some BNB first cause you’ll be spending BNB in your wallet to buy your favorite HunnyBunnies that you’ve been eyeing on for so long!
Q&A
Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Our platform is designed to appeal to a wide range of users, whether they’re familiar in the DeFi space or not. We do understand some users are pretty new in the Defi Space, so we have prepared a short video guide to new users.Getting Started (Video Guide) docs.pancakehunny.finance
Do you have any Coin Burn / BuyBack systems and mechanisms or any $Token Burn plans to increase the value of Token & attract Investors to invest?
Apart from our buy back and burn from our farms and HunnyLottery, we also have buyback and burn ongoing every month from the profits of HunnyPlay to reduce the circulation and maintain the price of Hunny. This burn report is happening as we speak for the month of Aug. We are tabulating for Sept and will be announced very soon.
Could you please provide the project roadmap and tell us a little about your plans for 2021 and your plans for the next year 2022?
We will be launching our NFT marketplace and our upcoming P2E game. This NFT platform also allows users to buy/sell/auction external NFTs, create and mint their own NFTs as well!
Next month we will launch our HunnyPoker V2.0, which is a P2P version of poker where you can start a table to play with your friends.
Future plans would include the expansion of our farms, offering cross-chain farming options, and creating further diversified farming pools where users can have a more balanced portfolio within a single pool.
We will also be expanding on our overall P2E game infrastructure as well as increasing more games, features, and functions within HunnyPlay.
What is the most important difference between your project and its competitors? Why should we choose your project?
I believe our core attraction would be the utilities that we bring to our users, more importantly, the experience users will have with Hunny. A one-stop destination where you can farm for more profits, win some Hunny in HunnyPlay if you’re feeling lucky and through our upcoming NFT marketplace, you can store, buy/sell, auction your favourite NFTs, not only that, you can create and mint your own NFTs and get them up for sale at marketplace. If you are passionate about Yield farming, trying your luck at HunnyPlay.com, enjoy a game of wits through Poker, and even NFTs. You should definitely check out HUNNY!
