Rabbit Finance

 Rabbit Finance - Mining Excess Income Protocol





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 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.

How to participate?


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There are four different ways to participate in Rabbit Finances 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 comes with a bigger risk: liquidation, variable losses, etc.
  • Liquidator:  Monitoring pond for underwater position and liquidation.

In the example below, we show how each participant works together in our ecosystem:

  • Cora, the lender keeps his BNB in ​​our vault; the assets become available for borrowing by yield farmers; it's attractive to provide that liquidity.
  • Dunn, the yield producer wants to open a leveraged yield farm position on the BTC / BNB pair; he borrowed BNB from the vault and enjoyed the agricultural produce that produced more.
  • Rabbit Finance smart contracts handle all the behind-the-scenes mechanisms, optimally transfer assets at the right ratio, provide liquidity to pools and stake LP for Pancake Rewards.

Life

The RABBIT token is Rabbit Finance's governance token. This will also capture the economic benefits of the protocol. There will be a maximum of 200 million R tokens.

Strength & Vision

Rabbit Finance fully leverages and adopts the advantages of projects in the market, using over-exploited agricultural products with the advantages of Alpaca Finance and Badger Finance, creatively incorporating an algorithm-stable coin mechanism to empower the RABBIT token. 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 farming protocol, but also the token rights and shareholder interests of the RUSD algorithm stable coin. Whenever the RUSD experiences inflation, members who pledge R tokens to the meeting room will distribute additional RUSD as dividends to share the benefits of ecological 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. It is also believed that the algorithm stable coin is the last 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 commercial sustainability, and to provide appropriate and cost effective financial services for people of all social walks of life and groups who 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 same role as the Fed, what Rabbit Finance expects goes far beyond the role of the Fed in the world economy.


What is the RABBIT token 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 key governance decisions. At an early stage, governance decisions will be made in 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 the depositor's interest income is used as a market development fund. All of this will help increase the demand and value of KELINCI.
  • Get economic benefits from the RUSD, RBTC, RBNB etc .:  RABBIT token is a token of shareholder rights from stable coins of 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 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 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.

To conclude

Rabbit Finance fully utilizes and adopts the advantages of projects in the market, using over-leveraged agricultural products with the advantages of Alpaca Finance and Badger Finance, creatively incorporating an algorithm-stable coin mechanism to empower the RABBIT token. 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 farming protocol, but also the rights and interests of token shareholders of the RUSD algorithm stable coin.

Rabbit Finance can provide leverage of up to 10X to help users earn maximum income per unit time, and at the same time provide a pool of loans for users who prefer stable returns to make a profit.

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