Rabbit Finance – Agricultural Revenue Leveraged by the People and for the People

In the world of crypto, the fact that an investor is always looking for ways to increase profits or increase the number of coins he has in the form of trading, there is a fairly new concept that helps to increase coins that is “Farm of Yield”.

The financial output farming project which is one of the Defi (Decentralized Finance) running on the Binance Smart Chain file, the exchange blockchain, has become the spotlight of investors.

Many developments in the crypto space promise faster transaction settlement systems with the added benefit of smart contract implementation. Among the projects is Binance Smart Chain, or BSC. The platform is designed to be fully compatible with the Ethereum blockchain with a more decentralized consensus mechanism, for more details, please contact the outstanding company below:

What is Rabbit Finance?

Rabbit Finance-Sheer Leveraged Yield Farming Pleasure
Rabbit Finance is a Binance Smart Chain (BSC) -based agricultural produce protocol released by Rabbit Finance Lab. It supports users who participate in liquidity farming through over -borrowing plus leverage to earn more income.

When users have insufficient funds but want to participate in DeFi liquidity farming, Rabbit Finance can provide leverage up to 10X fold to help users earn maximum revenue per unit time, while at the same time providing a pool of loans for users who prefer stable returns. to make a profit.

What is Rabbit Finance?

Rabbit Finance is a leveraged farming protocol built on the Binance Smart Chain. This allows yield farmers to gain higher profits by opening leveraged positions.

Rabbit Finance is a leveraged yield farming protocol based on Binance Smart Chain (BSC) released by Rabbit Finance Lab. It supports users who participate in liquidity farming through over -borrowing plus leverage to earn more income.

What is a RABBIT Token?

The RABBIT token is a governance token of the Rabbit Finance platform. This 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?

Protocol Governance

immediately launched a governance vault that will allow community members to stake their RABBIT tokens. The RABBIT stack will receive xRABBIT where 1 xRABBIT = 1 vote, allowing them to make major governance decisions In the initial phase, governance decisions will be made on Snapshot.

Capture the Economic Benefits of the Platform

Rabbit Finance Protocol users (depositors and borrowers, i.e. lenders and farmers) will be given RABBIT tokens for their deposit and lending behavior. The Rabbit Finance platform will set up a buyback fund with its earnings, which will be used for deflation and appreciation of RABBIT tokens. When the income is reinvested, 30% of it is used to fund RABBIT’s repurchase funds. 20% of depositary interest income is used as market development funds. All this will contribute to increased demand and value growth of RABBIT.

Reap Economic Benefits from RUSD, RBTC, RBNB

RABBIT tokens are shareholder rights tokens of stable coin algorithms RUSD, RBTC, RBNB, etc. Whenever RUSD etc. experiences inflation, members who pledge RABBIT tokens to the meeting room will distribute additional RUSD as dividends to share in the benefits of ecological growth. For more details please see our follow -up announcement

Strengths & Vision of
Alpaca Finance + Badger Finance + Algorithm StableCoin
leveraged lending + Yield Farming + Algorithm Mechanism
Rabbit Finance fully leverages and adopts the benefits of projects in the market, using excessively leveraged agricultural products with the advantages of Alpaca Finance and Badger Finance, creatively combining algorithmic stable coin mechanisms to empower RABBIT tokens. Across the economic ecology of Rabbit Finance, RABBIT tokens, blessed with more application scenarios, represent not only the rights and governance interests of the leveraged agricultural protocol, but also the rights and interests of token shareholders from the RUSD algorithm stable coin. Whenever RUSD experiences inflation, members who pledge R tokens to the meeting room will distribute additional RUSD as dividends to share in the benefits of ecological growth.

Rabbit Finance believes that a yield farming platform with leverage will be the next killer application in the field of DeFi after a decentralized exchange and lending platform. He also believes that the coin stable algorithm is the last Holy Grail in the field of DeFi. They are and will be the most important infrastructure in the world of DeFi.

Rabbit Finance’s vision is to be the Federal Reserve of the DeFi world, based on the principles of equality of opportunity and commercial sustainability, and to provide appropriate and cost-effective financial services to people of all social strata and groups in need of 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 far goes far beyond the role of the Fed in the world economy.

How to Participate?
1, As a user, you can participate in Rabbit Finance in four different ways:

• Lender: Rabbit Finance allows you to earn income on your underlying assets by depositing them in our safe. These assets will then be offered to yield farmers to improve their position.
• Farmers: As a farmer, you can get higher returns by opening leveraged positions in Rabbit Finance. Of course, this has greater risks: liquidation, irregular losses, etc.
• Liquidators: Monitor ponds for underwater positions and liquidate them when they become too risky.
• Bounty Hunter: Bounty hunter in the pool and executing reinvestment, 30% of the bounty pool is used as buyback funds to promote the value of tokens. For this service, he takes 0.4% of the bounty pool as a gift, the remaining 69.6% will be converted into a group LP and promises again to get a combined return.
  At launch, we will support the two core assets of BNB and BUSD, and integrate our leverage farming with PancakeSwap.

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

• Cora, the lender deposited her BNB into our savings safe; its assets are available for loan by yield farmers; he earns interest to provide this liquidity.
• Dunn, yield farmers want to open yield farming positions with leverage on the BTC / BNB pair; he borrowed BNB from the vault and enjoyed agricultural produce with higher yields.
• Rabbit Finance’s smart contracts handle all the behind -the -scenes mechanisms to optimally move assets to the right ratios, provide liquidity to the pool, and risk LPs for Pancake Rewards
• Gary, the liquidator monitors the health of each leveraged position, and when it exceeds the specified parameters, he helps liquidate the position, ensuring such lenders do not lose their capital. For this service, he takes a gift of 5% of the liquidated position.
• James the pay hunter monitors the amount of prizes earned in each group and helps reinvest them, combining returns for all farmers. For this service, he takes 0.4% of the gift collection as a gift. 30% as a buyback fund, which will be used for buyback and RABBIT deflation. The remaining 69.6% will be converted to LP from the group and guaranteed again to get a compound return.

What is a RABBIT token?
The RABBIT token is a 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 is the RABBIT token used for?

1. Protocol Governance
   We will soon launch a governance vault that will allow community members to stake their RABBIT tokens. The RABBIT stack will receive xRABBIT where 1 xRABBIT = 1 vote, allowing them to make major governance decisions In the initial phase, governance decisions will be made on Snapshot.
2. Capturing the Economic Benefits of
   the Rabbit Financial Protocol User Platform (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 set up a buyback fund with its earnings, which will be used for deflation and appreciation of RABBIT tokens. When the income is reinvested, 30% of it is used to fund RABBIT’s repurchase funds. 20% of depositary interest income is used as market development funds. All this will contribute to increased demand and value growth of RABBIT.
3. Capturing Economic Benefits from RUSD, RBTC, RBNB, etc.
   RABBIT tokens are shareholder rights tokens from stable coins of RUSD, RBTC, RBNB etc. algorithms. Whenever RUSD etc. experiences inflation, members who pledge RABBIT tokens to the meeting room will share additional RUSD as dividends to share in the benefits of ecological growth. For more details please see our follow -up announcement.

DISTRIBUTION OF RABBITS

1. Community Pool
   79.75% of the total supply ， approximately 159,500,000 RABBITS.
   RABBIT will be released for two years with a decaying emissions schedule, and will be distributed evenly throughout the ecosystem as a community award.
2. 
   Institutional Collection 5.25% of total supply ， 10,500,000 RABBIT
   Provides 5.25% investment quota for well -known institutions and investors. Once the investment is completed, 245,000 RABBIT will be released every 7 days, and 10,500,000 RABBIT will be released within 300 days (approximately 10 months). The specific time to be determined, please note the follow -up announcement.

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

1. Development Fund
   10% of the total supply, approximately 20,000,000 RABBIT
   10% of the tokens distributed will be used to fund development and team expansion, and will be subject to a two -year grant equal to the tokens from the Fair Launch Distribution.
2. Warchest Fund
   5% of the total supply, about 10,000,000 RABBITS.
   5% of the distributed tokens are proposed for strategic production in the future. In the first month, 250,000 tokens were released for recording, auditing, third -party services, and partner liquidity costs.

The RABBIT tokens of the community collection release program will be released over two years with a decaying emission schedule, and will be distributed evenly throughout the ecosystem as a community gift.

In total, there will be 159,500,000 RABBITS. To provide incentives to early adopters, there will be a bonus period for the first few weeks. Below is the block gift schedule we have planned. 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 deposit vault & pancakeswap liquidity pool
Users can start depositing their assets into our safe
We will sow RABBIT-BNB PancakeSwap so people can immediately start acquiring Rabbit 
This phase is designed to ensure we have a healthy amount of assets to borrow and liquidity for Rabbit Trade to next phase
To ensure we give everyone enough preparation time, we will begin distributing our prizes 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% is distributed to lenders who deposit BNB or BUSD and other tokens into our safes – prizes will be shared evenly between groups

Officially Launched

Yield farming with leverage is launched, farmers can open yield farming positions with leverage and get RABBIT prizes.

• When we complete our smart contract audit, we will open the leveraged farm function, thus completing our service cycle. Our current estimate for this is at the end of April 2021
• We will make a separate announcement to the community before launching Phase 2

The bonus period lasts about 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- group at PancakeSwap
• 25% is distributed to lenders who deposit BNB or BUSD and other tokens into our safes – prizes will be shared evenly between groups
• 35% is distributed to users who open a position to farm the harvest – the prize will be calculated based on the loan amount; only leveraged positions (> 1x) will receive the prize

To conclude
Rabbit Finance fully utilizes and adopts the benefits of projects in the market, using excessively leveraged agricultural products with the advantages of Alpaca Finance and Badger Finance, creatively combining algorithmic stable coin mechanisms to empower RABBIT tokens. Across the economic ecology of Rabbit Finance, RABBIT tokens, blessed with more application scenarios, represent not only the rights and governance interests of the leveraged agricultural protocol, but also the rights and interests of token shareholders from 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.

To conclude

Rabbit Finance fully utilizes and adopts the benefits of projects in the market, using excessively leveraged agricultural products with the advantages of Alpaca Finance and Badger Finance, creatively combining algorithmic stable coin mechanisms to empower RABBIT tokens. Across the economic ecology of Rabbit Finance, RABBIT tokens, blessed with more application scenarios, represent not only the rights and governance interests of the leveraged agricultural protocol, but also the rights and interests of token shareholders from 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.

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
• Dispute:  https://discord.gg/tWdtmzXS
• Contract info:  https://app.gitbook.com/@rabbitfinance/s/homepage/resources/contract-information
• Audit report:  https://app.gitbook.com/@rabbitfinance/s/homepage/resources/audit-report
• by Landungsarie
• link https://bitcointalk.org/index.php?action=profile;u=3166153