Rabbit Finance
Rabbit Finance is a mining super profit protocol that supports 10x leverage
Well, the Binance Smart Chain is here to change that, a new blockchain with a complete environment for developing high-performance decentralized applications. It was built for cross-chain compatibility with Binance Chain to ensure that users get the best of both worlds.
What is Rabbit Finance?
Rabbit Finance is a Binance Smart Chain (BSC) Protocol based on the Leveraged Production Protocol and published by Rabbit Finance Lab. It supports users who participate in liquidity farming through excessive borrowing and leverage to earn more income.
When users do not have sufficient funds but want to participate in DeFi's liquidity farm, Rabbit Finance can provide up to 10 times leverage to help users get maximum revenue per unit of time, and at the same time provide a pool of loans for users. who prefer stable returns. to make a profit.
Rabbit Finance is a leveraged farming protocol built on top of the Binance Smart Chain. This allows yield farmers to get higher returns by opening leveraged positions.
Rabbit Finance's Financial Features Rabbit Finance is a leveraged yield farming protocol built on a BSC platform that makes it fast, secure and affordable. With the leveraged yield farming feature provided by Rabbit Finance, it allows users to achieve revenue per unit of time when their funds are insufficient and at the same time provide loan facilities for those who want stable returns. In this way, it allows global users to be able to maximize their profits easily and affordably.
Here are Rabbit Finance's features:
- Flexible deposit options: Rabbit Finance designs the vault optimally converts user-stored assets and borrows BNB or BUSD. So that users don't need to do the conversion themselves.
- Auto Bet: Rabbit Financial Mechanism allows betting of LP tokens for users on certain platforms (PancakeSwap, etc.) automatically. So that users can get rewards as soon as possible.
- Sustainable compounding: Bounty hunters have the role of monitoring the number of gifts earned in each group and helping farmers to reinvest them.
- Claim RABBIT rewards anytime: Rabbit Finance allows users to claim their bonus prizes at any time.
How to participate?
There are four different ways to participate in Rabbit Finance as us:
- Lenders: Rabbit Finance allows you to earn income from your core assets by storing them in our vaults. These assets will then be offered to yield farmers to strengthen their position.
- Farmer: As a farmer, you can get higher returns by opening a leveraged position with Rabbit Finance. Of course, this carries a bigger risk: liquidation, variable loss, etc.
- Liquidator: Monitoring pond for underwater and liquidation positions.
In the example below, we show how each participant works together in our ecosystem:
- Cora, the lender keeps its BNB in our vault; assets become available for borrowing by yield farmers; it's attractive to provide that liquidity.
- Dunn, yield producer wants to open leveraged agricultural positions in the BTC / BNB pair; he borrowed his BNB from the vault and benefited from more agricultural produce.
- Rabbit Finance's smart contracts handle all the behind-the-scenes mechanisms, transfer assets optimally at the right ratio, provide liquidity to the pool, and stake LP for Pancake Rewards.
Rabbit Finance's strength and vision are fully leveraging and adopting project benefits in the market, using agricultural products that produce more with the benefits of Alpaca Finance and Badger Finance, creatively combining an algorithmic stable currency mechanism to increase the RABBIT token. Across Rabbit Finance's economic ecology, the RABBIT token, complemented by multiple application scenarios, represents not only the governance rights and interests of the leveraged farm protocol, but also the rights and shareholder interests of the tokens from the cage. coin algorithm from RUSD. Whenever the RUSD experiences inflation, members who pledge R tokens to the board will distribute additional RUSD as a dividend to share the benefits of green growth.
Rabbit Finance believes that the leveraged yield farming platform will be the next killer app in the Defi field after a decentralized exchange and lending platform. He also believes that the stable coin algorithm is the final holy grail in the Defi field. They are and will be the most important infrastructure in the world of Defi.
Rabbit Finance's vision is to become the Federal Reserve of the Defi world, based on the principles of equal opportunity and business sustainability, and to provide accurate and cost-effective financial services to people of all social strata and groups in need. financial services. Rabbit Finance is not a simply leveraged farming platform or an algorithmically stable coin system. It will be a decentralized and inclusive financial services infrastructure with sustainable hematopoiesis capabilities and based on blockchain technology. Compared to the role of the Fed itself, what Rabbit Finance expects goes far beyond the role of the Fed in the world economy.
The
RABBIT token is the Rabbit Finance governance token. This will also capture the economic benefits of the protocol. There will be a maximum of 200 million R tokens.
What are the RABBIT tokens used for?
Protocol Governance: We will soon launch a governance vault that will allow community members to stake their RABBIT tokens. The RABBIT participant will receive xRABBIT where 1 xRABBIT = 1 vote, which will enable him / her to make decisions on major governance decisions. At an early stage, governance decisions will be made in a Snapshot.
Capture the economic benefits of the platform: Users of the Rabbit Finance protocol (depositors and borrowers i.e. lenders and farmers) will be rewarded with RABBIT tokens for their deposit and lending behavior. The Rabbit Finance platform will prepare a purchase fund with its revenue, which will be used for deflation and appreciation of the RABBIT token. When the profits are reinvested, 30% of this is used for redemption of the RABBIT fund. 20% of depositors' interest income is used as market development funds. All of this will help increase the demand for and value for KELINCI.
Get economic benefits from the RUSD, RBTC, RBNB etc .: RABBIT token is a token of shareholder rights of stable coins from the RUSD, RBTC, RBNB algorithm, etc. For more details, please pay attention to our tracking announcements.
RABBIT distribution
- Community Pool
79.75% of the total supply ， around 159,500,000 RABBITS.
RABBIT will be released over two years on a rotting emissions schedule, and will be distributed evenly throughout the ecosystem as a community reward.
Institutional Pool 5.25% of the total supply ， 10,500,000 RABBIT
Provide 5.25% investment quota for well-known institutions and investors. After the investment is complete, 245,000 RABBIT will be released every 7 days, and 10,500,000 RABBIT will be released within 300 days (about 10 months). The specific time will be determined, please pay attention to the follow-up announcement.
Hard cap: 10,500,000 RABBIT = 525,000 USDT
Exchange rate: 1 rabbit = 0.05 USDT
- Development Fund
10% of the total supply, approximately 20,000,000 RABBIT
10% of tokens distributed will be used to fund development and team expansion, and will be subject to the same two-year award as tokens from Fair Launch Distribution. - Warchest Fund
5% of the total supply, around 10,000,000 RABBIT.
5% of the tokens distributed are reserved for future strategic spending. In the first month, 250,000 tokens were released for listing, auditing, third party services and partner liquidity fees.
The community pool release program's RABBIT token will be released over two years with a decaying emission schedule, and will be distributed evenly throughout the ecosystem as a community reward.
In total, there will be 159,500,000 RABBITS. In order to incentivize early adopters, there will be a bonus period for the first weeks. Below is our planned block reward schedule. Based on this, the profile of the circulating RABBIT supply can be plotted.
Launch Order
We will launch our services in the following order to ensure the smoothest experience for all users.
Bonus Period
Open deposit vault & pancakeswap liquidity pool
Users can start depositing their assets into our vaults
We will seed PancakeSwap RABBIT-BNB so people can immediately start earning Rabbit
This phase is designed to ensure we have a healthy amount of assets to borrow and liquidity to trade rabbits for next phase
To ensure we give everyone enough preparation time, we will start our prize distribution in blocks of xxxx,000 (around April 8, 2021, 00.00 UTC time). The rabbit allocation plan will be updated as follows:
- 52% distributed to liquidity providers for the RABBIT-BNB pool at PancakeSwap
- 48% distributed to lenders who deposit BNB or BUSD and other tokens into our vaults - prizes will be divided equally among the pool
The RABBIT token will be released over a two year period with a rotting emission schedule, and will be distributed evenly across the ecosystem as a community reward.
In total, there will be 159,500,000 RABBITS. In order to incentivize early adopters, there will be a bonus period for the first weeks. Below is our planned block reward schedule. Based on this, the profile of the circulating RABBIT supply can be plotted.
Join our community
Related Links
● Rabbit Finance website: http://rabbitfinance.io/
● Github: https://github.com/RabbitFinanceProtocol
● Twitter: https://twitter.com/FinanceRabbit
● Telegram: https: // t .me / RabbitFinanceEN
● Disputes: https://discord.gg/tWdtmzXS
● Contract info: https://app.gitbook.com/@rabbitfinance/s/homepage/resources/contract-information
● Laporan audit: https: // app.gitbook.com/@rabbitfinance/s/homepage/resources/audit-report
Username: SergioRamoz
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