Any Pancake Bunny Users That Can Clarify What to Do?

tunzafun001 on 23/08/2021 - 14:52

Hi all,

After starting my crypto journey in May (terrible time to start)… and even better, I held Pancake Bunny before and after the exploit.

Now my PBunny was rolled into a compensation pool, and I bought a few more in the dip. I placed the new bunny into their Bunny/wbnb pool.

After being pantsed in repeat stop losses going nowhere, I walked away from crypto for a couple of months and thought I'd just leave my PCB earning approx 200% APY.

Just logged into Pancake Bunny finance and saw the compensation pool has gone, and my other Bunny pool has stopped as well.

Looks like my compensation has been airdropped back into my wallet, in the form of a tiny bit of PCB, Cake and Mound.

I have no idea what mound even is, also there is some talk of Qbit, poly bunny. Claims of 2000% APY.??

Seems a lot happened in a few weeks. Can anyone give me a basic version of what happened, and what they recommend I should do?

The compensation looks like about 20% ..maybe and the Bunny I thought was earning APY has just stopped and the price has fallen as well. So leaving it isn't really an option.

This was a great project, but i clearly need to get back up to speed with what's going on. Cheers

Financial

Related Stores

pancakebunny.finance
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Comments

  • nocure on 23/08/2021 - 15:52
    +4

    mmmm, pancake bunnies

  • rektrading on 23/08/2021 - 16:03

    BUNNY is down 77% 90d and is looking for a floor.

    Wait for it to break the blue line (4h chart) before considering going long. The 12h line is a modest 37% gain.
    https://files.ozbargain.com.au/upload/393946/90857/screensho…
    https://files.ozbargain.com.au/upload/393946/90856/screensho…

    Make sure to use risk management. 1% allocation with 25%-50% at breakout, 25%-50% at retest, and SL 4h under previous low.

    • tunzafun001 on 23/08/2021 - 20:33

      Cheers mate, appreciate the effort for Bunny. Did you use a default indicator for the lines, or just draw them on?

      However, the compensation was paid in their new project Mound. So just wondering if anyone else is doing anything with Mound, and I also saw a Qbit lending product and ETH2.0 roll out.

      Guess look for a MND pool, and ride it out. Then try and offload it (loss or not, when alts go pair shaped again).

    • tunzafun001 on 26/08/2021 - 16:37

      So read up on some of their docs. Got some clarity, and some more confusion.

      Seems they have airdropped compensation into my wallet in the form of their new coin "Mound" and are starting a new finance loan service called Qbit.

      Mound is basically based on the value of all the value in Bunny, PolyBunny and Qbit. Almost like an ETF. But I don't get how this works when they are all their own currencies in their own right.

      The process of minting more bunny currently has me even more lost. But the underlying chatter seems to suggest that Qbit will boost up the price of mound. Hold / pool that, and wait for Qbit to take off.

  • mickyb80 on 23/08/2021 - 16:07
    +1

    Pancake Bunnies…?

    Sounds like my type of 'breakfast in bed'!!!

    LMFAO!

  • jv on 23/08/2021 - 16:08
    +6

    Any Pancake Bunny Users That Can Clarify What to Do?

    Mix SR flour with 1 egg an 1 cup milk and whisk…
    add about 1 tsp salt and 3 tbs sugar if you like.

    Let rest for approx. 30 mins before cooking.

    • brendanm on 23/08/2021 - 16:39

      Do you freehand the bunny or use a mold?

      • jv on 23/08/2021 - 16:44
        +1

        get the kids to make them.

  • brendanm on 23/08/2021 - 16:37

    Things that promise massive 200% returns are generally going to go down in value, just my (very little) knowledge on the subject.

    I suggest going all in on shib.

    • tunzafun001 on 23/08/2021 - 20:43
      -1

      Normally I'd agree with you, but the Pancake Bunny is a Binance backed Defi project, and at least they offered some compensation when they were hacked.

      As for Shib..haha…pass. Which means it will probably boom.

      I bought into ADA, ETH, BNB, Matic, SOL and yield farmed Cake and Pancake Bunny. Don't think I did too much wrong, but still down plenty.

  • Switchblade88 on 23/08/2021 - 18:49
    +3

    As a longtime crypto user, I'm scared and confused about this post…

    If you took the two uses of the word 'crypto' out of the OP's essay then anyone might think he's running some kind of farm!

    • tunzafun001 on 23/08/2021 - 21:30
      -1

      Unfortunately Pancake Bunnies success sealed it's own demise (high value made it a target for hackers).

      Two attacks in as many months and it's hanging in by a thread.

      This is pretty much why I walked away from the Crypto scene for a while. They call it a hack, but really was just someone with plenty of money (crypto) who had enough to exploit the function of an AMA, throw it out of balance and harvest the goods…then dump the lot back on the market…take profits and see ya later.
      Spent ages studying charts, just to see it crash $200 in an hr for no market reason other than someone with plenty of coin pulling the strings.

      Anyway, just trying to get back to close to what I put in.

      • serpserpserp on 26/08/2021 - 07:49
        +1

        Spent ages studying charts, just to see it crash $200 in an hr for no market reason

        I love how crypto enthusiasts try and apply some sort of technical analysis to a particular coin. TA wasn't made for it, you can't analyse something that has no rules.

        • tunzafun001 on 26/08/2021 - 16:22

          I agree. Those who think they are charting the currency itself are kidding themselves. But crypto charts are basically plots of human emotions. Humans are creatures of habit, so somewhat predictable. Even worse, everyone is following the same playbook! Base and Supports are human creations in crypto. Also, crypto (unlike shares) you can easily see what price and amount everyone else is buying/ selling at.
          Then analyse that movement data for a "trend". Nothing more than that. So yeah, you can't analyse the coin itself, but humanisms are pretty much clock work.
          EXCEPT for the big cash manipulator whales and hackers. That's the risk.

          • serpserpserp on 26/08/2021 - 18:42

            @tunzafun001: Bunch of stuff to unpick here. You aren't plotting human emotion either, because the basis of a coin move is predominantly not due to some news etc, it's because some big holders want to offload and it is generally at a random time. Sometimes that might be big enough to move all the coin markets, but it isn't human emotion driving it. A lot of people don't understand who the crypto "currencies" are controlled by, it isn't "market forces" it is pure market manipulation. Also where else can you launder money AND make a profit off of doing so? Just simply pump some unknown coin for awhile.

  • dylo on 23/08/2021 - 21:46
    +3

    I have no idea what I just read but good luck!

    • koplik8 on 24/08/2021 - 10:42
      +1

      Haha me too

  • this is us on 26/08/2021 - 18:49

    And I thought I was going to see some ideas on how to prepare pancakes… 🥞

    I'm disappointed…

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