BUNNY Adventures

I just came across this article explaining how Bunny Finance got hacked earlier today. Apparently no funds have been stolen from the vaults and the Team Bunny claim that they will be able to recover everything in short term. Funny thing for me is that only a couple of hours ago I made somewhat unsuccessful attempt to join the bunny platform. I was tempted bu this pool:

According their wiki:

The Maximizer farms takes the profits that come out of the original compounded Pancakeswap farm, and puts it into the CAKE auto-compounding farm, in order to give you a higher apy, while protecting your principal.

I'm not sure how good I understand this, but it seemed that I'll get BUNNY and CAKE from staking bUSD-BNB and that's realy sweet.

Another interesting feature is the 'Zap' - this is like 'Swap' on other DeFis but it can convert a single asset to LP token. Thus I could buy BUSD-BNB LP using my BUSD without having to convert half of them to BNB. A really nice feature which I plan to use in the future

One very big problem appeared when I tried to deposit to the vault. Everything looked like all other pancake clones - approve contract, then click 'max' and 'deposit' - except one little detail - the gas fee for the deposit was 0.04 BNB or almost $15! I thought that gas fees were supposed to be small in BSC, but today I learned that some contracts can be really expensive. Luckily I didn't have enough BNB in my wallet, otherwise I would have probably confirmed it without thinking. Now I gave up depositing in this vault and I'm yet to decide what to do with my LP tokens. And I must remember to pay attention to gas fees even on BSC

Posted Using LeoFinance ^Beta