Egor Astanin

Paybswap is a cross-chain automated market maker on Binance chain. Paybswap is a decentralized application running on the Binance Smart Chain, Polkadot and Ethereum blockchains. PaybSwap facilitates on-chain and intrachain trading, from BSC to Ethereum by utilizing Polkadot cross-chain modules.

What Is SparkPoint Fuel (SFUEL)?

SparkPoint Fuel (SFUEL) was launched on December 20,2020 and is the governance token of SparkDeFi, Sparkpoint’s decentralized finance platform

SFUEL is a new DeFi token project by SparkPoint Technologies Inc., the same team behind SparkPoint (SRK). SparkPoint Technologies Inc. is a duly registered corporation in the Philippines under the SEC. The project aims to fast track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.

SparkDeFi is a full-service decentralized finance solution that combines a decentralized exchange (SparkSwap), liquidity (SparkStake) and pool-based (SparkPool) staking, Ethereum ERC-20 to BSC BEP-20 bridge (SparkBridge), P2P lending and borrowing (SparkLend), and DeFi assets protocols management (SparkDash) in a seamless, transparent, secure, inclusive, and interoperable platform.

The SparkDeFi platform is composed of:

SparkSwap

Automated market maker decentralized exchange that supports various cryptocurrencies similar to Uniswap but operates on the Binance Smart Chain platform. Offers users an end to end “one-stop-shop” DeFi experience.

SparkStake

Cryptocurrency staking that rewards liquidity providers with SRK or SFUEL tokens. Users can participate in different liquidity staking options.

SparkPool

Cryptocurrency staking that rewards pool stakers with SRK or SFUEL tokens. Users can participate in different pool staking options.

SparkBridge

Cross-blockchain bridging for transferring Ethereum ERC-20 SRK to Binance Smart Chain as BEP-20 SRKb tokens. Also supports other ERC-20 tokens.

SparkLend

Blockchain-based P2P lending marketplace that leverages various cryptocurrency assets and Non-Fungible Tokens (NFTs). Supports altcoins and Non-Fungible Tokens (NFTs) or cryptocollectibles such as game items, virtual estate, and digital artworks as collateral. Offers microlending to democratize finance and promote financial inclusion. Enables users to generate a constant stream of cash flow through our liquidity savings pools.

SparkDash

Aims to make DeFi easier and accessible to everyone including non-technical users. Enables seamless access to various DeFi Protocols using a powerful DeFi Protocols Management platform. Users can manage efficiently their assets portfolio and collateralized debt positions (CDPs) in a simple and user-friendly dashboard for an end-to-end DeFi experience.

SFUEL Token

The SFUEL token is SparkDeFi’s governance token that enables the delegation of governance of the SparkDeFi platform to SFUEL holders. These DAO members are responsible for the direction of the protocol through systematic voting.

SFUEL is the native governance token that is used for:

SparkDeFi DAO: decentralized governance of the SparkDeFi platform

Mode of Payment: paying for fees in SparkDeFi either in the form of interest income for the lenders and savers or interest payments from the borrowers

Staking Rewards: SFUEL tokens are used as rewards in our Liquidity Staking/Mining and Savings Pools when users stake either SRK or SFUEL pairs

Governance Incentives: SFUEL token holders who participate in SparkDeFi governance for its continued and sustained improvement and growth are entitled to SFUEL rewards

How Many SFUEL Tokens Are There in Circulation?

The SFUEL token was launched on the Binance Smart Chain mainnet on December 20, 2020 with an initial total supply of 150 Million SFUEL tokens.

Of the initial total supply, 18.8889% of the tokens are distributed to private sale participants with 6 months vesting and 16.67% monthly distribution. 1.1111% to early supporters with 3 months vesting and 33.33% monthly distribution.

50% or 75 Million SFUEL tokens are allocated for liquidity and staking rewards with a distribution period in accordance with the staking rewards program schedule.

10% is allocated to the team with 2 years cliff and 5 years vesting at 20% yearly distribution. Another 10% to marketing and community airdrops. And the last 10% is reserved as contingency and is locked for 5 years.

Who Are the Founders of SparkPoint?

SparkPoint is the brainchild of Andrino Agnas, a CPA and cryptocurrency investor based in the Philippines. Andy currently serves as the Chief Executive Officer of SparkPoint. Rico Zuñiga, a serial tech entrepreneur and early advisor of SparkPoint, currently serves as its Chief Technology Officer. Rico has been in the tech industry for more than 16 years and is one of the pioneers in the Philippine tech startup industry.

SparkPoint started with a staff of 2 in 2018 and was able to grow to 17 full-time and 5 part-time employees in Q1 2021. The company continues to rapidly expand and grow to ensure the delivery of its roadmap.

SparkDeFi is a flagship project of SparkPoint with a long-term roadmap that spans from 2020 to 2022.

Fluity Protocol is a friendly fork of Liquity Protocol on Binance Smart Chain. Fluity is committed to Liquity's vision of providing a decentralized borrowing protocol with interest-free loans, high capital efficiency, and censorship-resistant stablecoins. This type of friendly cooperation is similar to that of Ellipse and Curve.

What Is PancakeBunny (BUNNY)? PancakeBunny is a decentralized finance (DeFi) yield aggregator and optimizer for the Binance Smart Chain, which is used for PancakeSwap (CAKE) and Venus (XVS), and will soon launch on Polygon (MATIC). The PancakeBunny protocol gives farmers the opportunity to reap the benefits of auto compounding.

PancakeBunny is one of the largest yield aggregators across ETH and BSC, in terms of TVL. Farmers at PancakeBunny get permission from private individuals for automatic summation and reinvestment of yield on their behalf through mono-contracts. Users can farm on their own, but doing so involves a complex process of determining the optimal frequency and time at which to increase and reinvest profitability. With PancakeBunny users can delegate this process. The actual farming takes place on PancakeSwap and Venus.

The primary goal of the platform is to support the DeFi ecosystem by providing users with an easy way to automatically increase their profitability on Binance Smart Chain. The team has a mission of lowering the barrier to entry to DeFi.

Who Are the Founders of PancakeBunny?

PancakeBunny is built by MOUND. MOUND is the innovative team behind Pancake Bunny, one of the leading Defi platforms on the Binance Smart Chain. MOUND is dedicated to putting compounding, high-yield returns in the palm of everyone’s hand. Team MOUND is composed of developers and entrepreneurs with extensive experience and success in games, social platforms, quantitative financial services, and blockchain applications. Team MOUND is committed to creating value through product innovation (such as $BUNNY tokenomics and the Cake Maximizer) and an unrelenting focus on the user. Team MOUND’s impressive product portfolio includes Single Asset Smart Vaults, ETH-BSC Cross-Chain Farming, and a new Lending Service called Qubit. The team is working on expanding to Polygon, introducing an innovative financial product called the MND token, which will allow users to reap the benefits of all the different projects created by MOUND, by holding just a single token. Mound has a strategic investment partnership with Binance Labs.

What Makes PancakeBunny (BUNNY) Unique?

Owners of BUNNY tokens control the ecosystem of PancakeBunny and receive most of the profits from farming rewards. BUNNY holders place their tokens in the BUNNY staking pool to claim the profit, which is sent to the pool in the form of Binance Coin (WBNB) rewards. The share of profit received by a participant is proportional to the size of their BUNNY stake: the more tokens you stake, the higher your impact on the ecosystem. BUNNY holders can also vote on various proposals on the snapshot page to voice their opinions.

How Many PancakeBunny (BUNNY) Coins Are There in Circulation?

The BUNNY token doesn’t have a maximum supply. Instead, every time the 30% performance fees are collected and distributed to BUNNY holders, the protocol mints 36% in Bunny at the market price, to ensure competitive compensation to liquidity providers.

The token’s fee structure is as follows: 30% is allocated as a performance fee for the processing of BUNNY transactions and 0.5% is charged as a withdrawal fee if the withdrawal takes place within 72 hours of deposit.

The 30% performance fee is given to the BUNNY stakers. Ultimately, all fees are used as rewards for staking BUNNY — an approach that is expected to ensure the sustainability and longevity of PancakeBunny. In exchange for paying the 30% performance fee, users of non BUNNY pools receive 36% of profits in BUNNY at the time of claim or withdrawal, giving a 6% bonus incentive.