Rabbit Finance




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 is the RABBIT token 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.

RABBIT distribution

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 emission 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:

Deploy the RABBIT

1. Communal pool

79.75% of the total supply, around 159.5 million KELINCI.

RABBIT will be released for two years on a shrinking emission schedule and will be distributed evenly throughout the ecosystem as a community reward.

2. Institutional collections

5.25% of the total supply, 10.5 million KELINCI

Provide investment quota of 5.25% for established organizations 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 exact time will be determined, please pay attention to the following announcement.

Hard hat: 10,500,000 RABBIT = 525,000 USDT
Exchange rate: 1 RABBIT = 0.05 USDT

3. Development Fund

10% of the total supply, about 20,000,000 RABBITS

10% of the tokens distributed will be used to fund team development and expansion and will be subject to the same two-year transition as tokens from fair launch distribution.

4. Yayasan Varchest

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.
Officially launched

Leveraged farms have been launched, farmers can open positions to grow leveraged crops and receive the RABBIT prize.
When we complete the smart contract audit, we will unlock the leverage growth function, thereby completing the service cycle. Our current estimate is for the end of April 2021.
We will make a separate announcement to the community ahead of time before the Phase 2 launch.

The bonus period lasts about one week, after the project officially starts, the Rabbit distribution plan will be updated as follows:
40% distributed to liquidity providers for the RABBIT pool on PancakeSwap
25% distributed to lenders who deposit BNB or BUSD and other tokens in our vaults - the prizes will be divided equally among the pool.
35% is distributed among users who have open positions for growing crops - the reward will be calculated depending on the loan amount; only leveraged positions (> 1x) will be rewarded

Distribution of Bases
Below is the distribution of points for each base, which determines the distribution of prizes.
Bonus period

Open deposit vaults and pancake liquidity pools, electronic mission rate: 42 RABBIT / block. This should take about a week.
Pools - RINGS / blocks

Deposit Group ： ibBNB - 2.52 Deposit Group
： ibBUSD - 2.52 Deposit Group
： ibUSDT - 2.52 Deposit Group
： ibUSDC - 2.52 Deposit Group
： ibDAI - 2.52 Deposit Group
： ibBTCB - 2.52 Deposit Group
： ibETH - 2.52 Deposit Group
： ibCAKE - 2.52
Pancake exchange RABBIT-BNB LP-21.84

To conclude

Rabbit Finance fully utilizes and utilizes projects in the market, utilizing excessively leveraged agricultural products with the benefits of Alpaca Finance and Badger Finance, creatively incorporating an algorithmic stablecoin mechanism to empower RABBIT tokens. Across the economic ecology of Rabbit Finance, the RABBIT token, endowed with a large number of application scenarios, represents not only the right to manage and the interests of the leveraged agricultural protocol, but also the rights and shareholder interests of the RUSD stablecoin algorithm.

Rabbit Finance can provide up to 10x leverage to help users maximize revenue per unit of time, while providing a loan pool for users who prefer stable income to generate profits.

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