PancakeBunny Devs Launch Mound Finance Vaults

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.

By
Dardania Havolli
on
September 11, 2021
Category:
BSC News

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. 

“Hey Bunny Fam! MND Vault is now open for claiming,” the PancakeBunny team tweeted. “Please visit the link below to claim yours! https://mndvault.mound.finance.”
Source

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. 

About PancakeBunny

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)/

Find PancakeBunny at these links:

Website - Telegram - Twitter - Medium

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Dardania Havolli

Dardania is an experienced researcher, editor and writer who is currently completing his PhD in Creative Writing. He is passionate about blockchain technology and the impact it will go on to have on our lives.

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