Rabbit Finance is a mining super profit protocol that supports 10x leverage
introduction
Rabbit Finance is a Binance Smart Chain (BSC) based agricultural product protocol released by Rabbit Finance Lab. It supports users participating in liquidity farming through excess borrowing plus leverage to earn more income.
When users have insufficient funds but want to participate in DeFi’s liquidity farm, Rabbit Finance can provide up to 10X the leverage to help users earn maximum revenue per unit of time, and at the same time provide loan pool for users who prefer stable returns. to make a profit.
What is rabbit finance?
Binance’s Rabbit Finance is a leveraged yield farming protocol built on smart chains. This result allows the farmer to get higher profits by opening the leveraged conditions.
Rabbit Finance is a Rabbit Finance Chain (BSC) issued by Rabbit Finance Lab. It supports users who participate in liquidity cultivation through excessive borrowing plus leverage to earn more income.
When users have insufficient funds, but Defy wants to participate in liquidity investment, Rabbit Finance can provide users up to 10X profit to help them achieve maximum income per unit of time, and also that Provides a loan pool for users that offers stable returns. To make a profit.
What are RABBIT tokens?
The RABBIT token is the Rabbit Finance platform governance token. It will also capture the economic benefits of the platform. There will be a maximum of 200 million RABBIT tokens.
What are the RABBIT tokens used for?
The protocol regime will
soon launch a governance vault that will allow community members to stake their RABBT tokens. RABBIT Stakers will receive xRABBIT where 1 xRABBIT = 1 vote, enabling them to decide on major governance decisions. In the early stages, snapshots will be governed by rules.
Capture the economic benefits of the
Rabbit Finance Protocol platform Users (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 buyback fund with the proceeds, which will be used for deflation and appreciation of the RABBT token. When income is restricted, 30% of it is used in the RABBIT buyback fund. 20% of the depositor’s interest income is used as a market development fund. All of this will contribute to an increase in demand and an increase in the price of RABBIT.
Capture the economic benefits of RUSD, RBTC, RBNB
Token RABBIT RUSD Algorithm, RBTC, RBNB, etc. Are the exact tokens of fixed coin shareholders. Whenever there is RUSD inflation, etc., Members who give RABBIT tokens to the meeting room will distribute additional RUSD as dividends to share the benefits of ecological development. . For more information, please pay attention to our follow-up announcements.
Strength and vision
Rabbit Finance fully adapts and adapts to project advantages in the market, taking advantage of over-exploited agricultural products together with the advantages of Alpaca Finance and Bagger Finance, algorithms for strengthening RABBIT tokens, using a creative stable coin-linked mechanism. Across the economic ecology of Rabbit Finance, the RABBIT token, endowed with more application scenarios, represents not only the governance rights and interests of the leveraged farm protocol, but also the algorithmic coin rights token and shareholder interests. RUSD. Whenever the RUSD experiences inflation, members who pledge R tokens in the meeting room will distribute additional RUSD as dividends to share the benefits of ecological development.
Rabbit Finance believes that the leveraged yield farming platform will be the next killer app in the Defy field after a decentralized exchange and lending platform. It is also believed that the algorithm is the final holy grail in the fixed coin Defy field. They are and will be the most important infrastructure in the Dafi world.
Based on the vision principles of Rabbit Finance, Equal Opportunity and Commercial Sustainability, Defy is to become the world’s Federal Reserve, and provide fair and effective financial services at affordable costs to people of all social classes and groups who need financial services. . Rabbit finance is not a simple leveraged farming platform or an algorithmic static coin system. It will be a decentralized and inclusive financial service infrastructure based on sustainable hematopoiesis capabilities and blockchain technology. Compared to the same role as the Fed, Rabbit Finance expects that role outside the Fed in the world economy.
The community pool
is 79.75 %% of the total supply of approximately 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 collections
is 5.25% of the total supply, 500 10,500,000 RABBIT
Provide investment quota of 5.25% for well-known institutions and investors. After the investment is complete, 245,000 RABBIT will be issued every 7 days, and 10,500,000 RABBIT will be issued in 300 days (about 10 months). The specific time to be determined, please pay attention to the follow-up announcements.
Hard cap cap 10,500,000 RABBIT = 525,000 USDT
Exchange Ratio: 1 RABBIT = 0,05 USDT
Development Fund
5% of the total supply, 000 around 10,000,000 RABBIT.
5% of the tokens distributed are reserved for future strategic spending. In the first month, 250,000 tokens were issued for listing, auditing, third party services and partner liquidity fees. RABBIT token
The community pool release program will be published over a two year period with a decay emissions schedule, and will be distributed evenly throughout the ecosystem as a community reward. In total, there will be 159,500,000 RABBITS. To encourage 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. For more information, visit the link below:
RABBIT distribution
Community Pool
79.75% of the total supply, around 159,500,000 RABBIT.
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 Base
5.25% of the total supply, 10,500,000 RABBIT
Provide investment quota of 5.25% 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 to be determined, please pay attention to the follow-up announcements.
Hard hats: 10,500,000 RABBITS = 525,000 USDT
Exchange rate: 1 RABBIT = 0.05 USDT
Development 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.
Community collection release program
The RABBIT token will be released over a two year period with a rotting 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 Sequence
We will launch our services in the following order to ensure the smoothest experience for all users.
Bonus Period
Open the deposit vault & pancakeswap liquidity pool
Users can start saving their assets to our vault
We will seed the PancakeSwap RABBIT-BNB so that people can start acquiring Rabbits as soon as
this phase is designed to ensure that we have a healthy amount of assets to borrow and liquidity to trade Rabbit for the next stage
To make sure we give it time sufficient preparation to everyone, we will start the distribution of our prizes in block 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
Officially Launched
Leveraged yield farming is launched, farmers can open leveraged yield farm positions and earn RABBIT prizes.
- When we complete our smart contract audit, we’ll unlock the leveraged farm function, thus completing our round of services. Our current estimate for this is the end of April 2021
- We will make a separate announcement to the community in advance before launching Phase 2
The bonus period lasts approximately one week, after the project officially starts, the Rabbit allocation plan will be updated as follows:
- 40% is distributed to liquidity providers for the RABBIT pool – at PancakeSwap
- 25% distributed to lenders who deposit BNB or BUSD and other tokens into our vaults – prizes will be divided equally among the pool
- 35% distributed to users who open a position to farm the crops – the reward will be calculated based on the loan amount; only leveraged positions (> 1x) will receive the prize
Links to our community
● Rabbit Finance website: http://rabbitfinance.io/
● Github: https://github.com/RabbitFinanceProtocol
● Twitter: https://twitter.com/FinanceRabbit
● Telegram: https: // t. me / RabbitFinanceEN
● Dispute: https://discord.gg/tWdtmzXS
● Contract information: https://app.gitbook.com/@rabbitfinance/s/homepage/resources/contract-information
● Audit report: https: / / app .gitbook.com / @ rabbitfinance / s / homepage / resources / audion-port
by ;ahjushi link: https://bitcointalk.org/index.php?action=profile;u=2579936
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