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About Bunicorn
Key Points:
- Bunicorn is an automated market-maker (AMM) and decentralized exchange (DEX) built on the Binance Smart Chain (BSC).
- Launched in July 2021 with a unique combination of flexible Balancer AMM-style pools for BEP-20 tokens and stablecoin AMM pools.
- Offers yield farming with vesting rewards as non-fungible token (NFT) collectibles.
Founders:
- Phuc Nguyen – Co-founder and CEO
- An Nguyen – CTO
- Vincent Vu – Game Designer
Unique Features:</h
About Bunicorn: A Revolutionary Gaming Ecosystem
Introducing Bunicorn (BUNI): A Revolutionary Digital Asset
Bunicorn is an innovative automated market-maker (AMM) and decentralized exchange (DEX) built on the Binance Smart Chain (BSC), launched in July 2021, boasting a distinctive fusion of flexible Balancer AMM-style pools for BEP-20 tokens and stablecoin AMM pools.
Beyond its DEX capabilities, Bunicorn pioneers a novel yield farming concept, where vesting rewards are issued in the form of unique, non-fungible token (NFT) collectibles. The project boldly describes itself as “an intense DeFi Game platform that revolutionizes the DeFi and blockchain gaming experience, propelling it to unprecedented heights.”
The Visionary Founders Behind Bunicorn
Phuc Nguyen, a distinguished entrepreneur, is the co-founder and CEO of Bunicorn. Notably, he emerged victorious in the prestigious Google Summer of Code Samsung Smart App Challenge and has held the esteemed position of CTO at a prominent CEX under the umbrella of Bitmex’s portfolio.
An Nguyen, the CTO, boasts an impressive background, having served as the lead engineer at DeNA, a prominent gaming giant in Japan. He subsequently assumed the role of CTO at SotaTek, Vietnam’s premier blockchain hub.
Vincent Vu, a seasoned game designer with over 11 years of experience in the gaming industry, boasts an impressive portfolio. Notably, he contributed to the development of Scopely’s WWE Champions and collaborated with Vietnamese Noble Games. Moreover, he created the wildly successful Impostor Solo Kill, which achieved a staggering 30 million downloads within a mere three months.
Unveiling the Unparalleled Attributes of Bunicorn
Bunicorn transcends the realm of a mere NFT platform or blockchain game, embodying a rich tapestry of innovative experiences.
As a decentralized exchange (DEX), Bunicorn offers robust support for both flexible liquidity pools, accommodating up to 8 tokens with customizable weight allocations, and stable pools, characterized by exceptionally low slippage and high capital efficiency, optimized for stablecoin transactions.
Bunicorn revolutionizes the decentralized finance landscape by tackling the perennial issue of impermanent loss that has long plagued Automated Market Makers (AMMs), achieving this feat through the innovative deployment of flexible AMM pools that accommodate a customizable array of assets and weights within a single pool.
Similar to other decentralized Automated Market Makers (AMMs), Bunicorn mitigates the risks associated with third-party or centralized oracles. Moreover, its amplified pools take it a step further, enabling the seamless swapping of stablecoins with reduced slippage and enhanced capital efficiency.
What Is the Circulating Supply of Bunicorn (BUNI) Coins?
The native token of Bunicorn, BUNI, is presently being issued through an initial coin offering (ICO), with a total of 6,666,666 BUNI tokens slated for allocation in the ongoing public sale.
A total of 1 billion BUNI tokens will be distributed as follows: 24.43% will be reserved for the Foundation, subject to a 3-month lock-up period after launch, followed by a 48-month unlocking schedule; 24% will be allocated to the Bunicorn Ecosystem, with a 1-month lock-up period, subsequently unlocked over 48 months; 20% will be designated for liquidity mining, to be unlocked over a 48-month period; 14% will be reserved for network operation; 7.5% will be issued during a private sale; 5.9% will be reserved for the development team; 3.5% will be allocated for marketing and listing purposes; and 0.67% will be issued as part of a public IDO sale.
The Security Architecture of the Bunicorn Network: A Robust Framework
The community assumes a pivotal role in the governance of Bunicorn, facilitated through liquidity mining. As a token of appreciation, the governance token BUNI is bestowed upon members of the Bunicorn Network who stake their tokens, thereby incentivizing their participation.
Staking can be facilitated through two distinct avenues: utilizing BUNI, either directly or via the inaugural BUNI pool, or alternatively, through BPT (Buni Pool Token). Notably, individuals who contribute liquidity to an Automated Market Maker (AMM) pool are rewarded with BPT instead of BUNI.
To mitigate the risk of liquidity providers unloading the token, Bunicorn has pioneered a novel liquidity mining model, wherein farming rewards are encapsulated within unique NFT collectibles. Users have the option to either await the vesting period, thereby enabling the conversion of their NFTs into the actual BUNI tokens, or to auction them off on prominent NFT marketplaces.
The project has successfully undergone rigorous smart contract audits by the esteemed Hacken.io, and its security has been further bolstered by the esteemed Certik and Immunefi.
Where to Acquire Bunicorn (BUNI) Tokens
The inaugural token offering of BUNI is presently underway, with each token being offered at a competitive price point of $0.030000. During this ongoing ICO launch, prospective investors can acquire BUNI tokens via Poolz using BNB or through Red Kite with BUSD.
BUNI tokens are presently listed and actively traded on prominent cryptocurrency exchanges, including PancakeSwap (V2), Bunicorn, MEXC, and Hotbit, offering users a range of platforms to buy and sell the token.
Stay abreast of the latest developments with our updates on the highly anticipated Bunicorn ICO launch.
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Associated Resources:
Delve into the intricacies of Binance Smart Chain by exploring our in-depth analysis
here
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Discover the intricacies of Automated Market Makers (AMMs) and delve into their operational dynamics
here
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Delve into the realm of decentralized exchanges (DEX) and discover their intricacies by clicking
here
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Discover the essence of Liquidity Token Provider Tokens.
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