Rabbit Finance - Mining Excess Earnings Protocol Supporting 10 Times Leverage
What is Rabbit Finance?
Rabbit Finance is a leveraged cultivation protocol built on top of the Binance Smart Chain. This allows yield growers to get higher returns by opening leveraged positions.
Rabbit Finance is a leveraged cultivation protocol based on the Binance Smart Chain (BSC) released 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 wish to participate in the Defi liquidity farm, Rabbit Finance can provide up to 10 times leverage to help users get maximum revenue per unit of time while providing loan pools for users who prefer stable returns to profit.
What is the RABBIT token
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?
Protocol governance
will soon launch a governance vault that will allow community members to stake their RABBIT tokens. RABBIT Stakers will receive xRABBIT where 1 xRABBIT = 1 vote, enabling them to decide on major governance decisions. At an early stage, governance decisions will be made on a Snapshot.
Get economic benefits from the platform
Rabbit Finance protocol users (depositors and borrowers, i.e. lenders and farmers) will be provided with RABBIT tokens for their deposit and lending behavior. The Rabbit Finance platform will prepare a repurchase fund with its revenue, which will be used for deflation and appreciation of the RABBIT token. When the income is reinvested, 30% is used for the RABBIT buyback fund. 20% of the depositor's interest income is used as a market development fund. All of this will contribute to increased demand and growth in the value of RABBIT.
Capture the economic benefits of RUSD, RBTC, RBNB
The RABBIT token is a shareholder rights token of the stable coin algorithm RUSD, RBTC, RBNB etc. Whenever RUSD etc. It is inflationary, members who pledge RABBIT tokens to the meeting room will distribute additional RUSD as a dividend to share the benefits of green growth. For more details, please pay attention to our follow-up announcement.
Strength and vision
Rabbit Finance fully leverages and adopts project benefits in the market, using agricultural products that produce more with the benefits of Alpaca Finance and Badger Finance, creatively incorporating an algorithmic stable currency mechanism to increase the RABBIT token. Across the economic ecology of Rabbit Finance, the RABBIT token, complemented by several application scenarios, represents not only the governance rights and interests of the leveraged farming protocol, but also the shareholder rights and 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 for people of all social strata and groups in need. financial services. Rabbit Finance is not a simple 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.
RABBIT distribution
Community pool
79.75% of the total offer, around 159,500,000 KELINCI.
RABBIT will be released for two years on an emission reduction schedule and will be distributed evenly throughout the ecosystem as a community reward.
Institutional set
5.25% of the total offer , 10,500,000 RABBIT
Provides investment fees of 5.25% to 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 in 300 days (about 10 months). The specific time to be determined, please pay attention to the follow-up announcement.
- 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 issued for listing, auditing, third party services and partner liquidity fees.
Community Base Shedding Program
The RABBIT token will be released over two years with a rotting emission program 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 few weeks. Below are our planned block reward programs. On that basis, it is possible to track the profile of current RABBIT offers.
To conclude
Leveraged Farming is a DeFi app that allows people to maximize their income per unit of time when their funds are scarce. And Rabbit Finance is one that has adopted this protocol. With Rabbit Finance, users can get 10 times greater leverage when their funds are insufficient, this allows them to receive the maximum revenue per unit of time. And if users want a stable profit, they can participate in the loan pool provided by Rabbit Finance. It is a plant growing platform that humans use for people all over the world.
You can view more detailed information about this project below:
WEB SITE: http://rabbitfinance.io/
TWITTER: https://twitter.com/FinanceRabbit
TELEGRAM GROUP: https://t.me/RabbitFinanceEN
GITHUB: https://github.com/RabbitFinanceProtocol
DISCORD: https: // discord.gg/tWdtmzXS
WHITEPAPER: https://app.gitbook.com/@rabbitfinance/s/homepage/
CONTRACT: https://app.gitbook.com/@rabbitfinance/s/homepage/resources/contract-information
AUDIT: https://app.gitbook.com/@rabbitfinance/s/homepage/resources/audit-report
Author: Homio
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2865336
My BSC Wallet Address: 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09
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