PancakeBunny is a decentralized finance (DeFi) yield aggregator and optimizer for the BNB Chain, which is used for PancakeSwap (CAKE) and Venus (XVS). The PancakeBunny protocol gives farmers the opportunity to multiply their tokens.
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.
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 DeFi industry — especially yield aggregators — experienced a major surge of activity in 2020.