The first all-in-one BSC-powered DEX is launching IDO on the Red Kite launchpad by
As an integral part of the Decentralized Finance (DeFi) ecosystem, Automated Market Maker (AMM) based Decentralized Exchanges (DEXs) has attracted an enormous amount of tractions competing with other book exchanges. A number of the foremost prominent AMMs are Uniswap, PancakeSwap, SushiSwap, Curve, or Bancor. Each has different communities and yields farming incentivization methods but shares the same limitations in liquidity pools and dumpers.
Bunicorn will be the first all-in-one AMM DEX to solve these problems. They support flexible pools with up to 8 tokens at any weight and stable pools with super low slippage and high capital efficiency for stablecoins. Furthermore, thanks to the innovative NFT based vesting model, liquidity providers can profit from Bunicorn Yield Farming and get protection against token pumps and dumps. The project is developing phase 1 on the Binance Smart Chain network, and phase 2 will be on Polkadot via PolkaFoundry.
Following the successful private sale recently, Bunicorn will hold its IDO on the Red Kite launchpad by PolkaFoundry this June. Please stay tuned on PolkaFoundry’s official communication channels to receive details of the $BUNI token sale on the Red Kite launchpad.
Just Get Started with Red Kite?
Participants will join pools on Red Kite by staking $PKF, passing KYC, and applying whitelists. According to the tier system, the more $PKF you stake, the more allocation you get. Please refer to the COMPLETE GUIDE for more details.
Bunicorn is an automated market-making decentralized exchange that is built on the Binance Smart Chain (BSC). Bunicorn inherited all of BSC’s strengths while being powered with advanced features.
- Flexible AMM pools with up to 8 tokens, any weights.
- Amplified pools that allow swapping between stablecoin pairs with lower slippage and higher capital efficiency.
- Liquidity Bootstrapping Pools, a fair token distribution model against front-running bots.
- Smart order routing that automatically splits your swap across several pools for optimized price.
- Dynamic fees adjusted based on the underlying volatility.
- Liquidity providers can also join multi-token pools with a single asset.
- New innovative yield farming model that vests the earned reward and wraps them into NFT collectibles.
Learn more about Bunicorn:
Telegram Chat: https://t.me/bunicornswap_en
Telegram Announcement: https://t.me/bunicornswap
Testnet app: https://staging.buni.finance/
About Red Kite
Red Kite is a cutting-edge launchpad powered by PolkaFoundry as a part of the growing $PKF ecosystem. We solve two significant problems of early-stage projects: limited marketing and lack of investors due to fraud concerns. Projects on Red Kite are carefully hand-picked through a vetting process that considers everything from the project teams’ origin to legitimacy and execution capability. These projects are also supported by a network of our tier-1 marketing partners, top influencers, and interactive communities to help them soar.
Need more information about Red Kite? Follow us on PolkaFoundry’s official groups and channels so you won’t miss anything!