PancakeBunny’s Mound Vault has officially opened with the aim of capturing and distributing the full value of their ecosystem expansion straight to the PancakeBunny Community.
Mound Vault Launch Aims to Invigorate Community
The Mound Vault has arrived, and it will deliver claiming functionality and allow prospective users to get the most from the MND they have staked.
In an announcement on PancakeBunny’s Medium page on the 10th of September the team explained that on the same day at 06:00 UTC the claiming period had been opened.
Those that already have MND staked will be able to begin claiming immediately, according to the announcement. The annual percentage returns are currently over 100%, so users will certainly be rewarded handsomely.
Claiming Details Explained
The Mound Vault harvests every two hours, meaning that only two hours after having staked MND you will be eligible to claim. You are of course able to claim at any point after and are not specifically required to claim within two hours.
The team explains that the first claim will be solely in BUNNY. The accumulated farming profits from the original BUNNY contribution by the team and the BUNNY swapped by the community are available to claim over a 30-day period.
The team has already underlined that once 1 million polyBUNNY has been minted, the team will commit its polyBUNNY contribution to the Mound Vault where farming will begin. Upon farming profits becoming available for claiming, users will have to switch networks on the Mound Vault page in order to be eligible to claim.
PancakeBunny is a decentralized cross-chain yield aggregator. The platform, which runs on both Ethereum and Binance Smart Chain networks, uses various strategies and rewards to enable investors to optimize their yields. PancakeBunny is one of hte largest yield aggregators across ETH and BSC. The platform is used for both PancakeSwap (CAKE) and Venus (XVS)/
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Source : bsc.news
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