Rabbit Finance is a yield farming project with a worth leverage for users who are interested with high profits, and great lending offers. It is founded on BSC, and introduced by Rabbit Finance Lab. It provides a means for farmers to receive profits from high leverage and over-lending. Users who have low capital can make use of the 10x leverage provided by this decentralized project, and see the results increased per unit time. The platform would also make available a borrowing pool for members who favor fixed returns to non-fixed returns(yield farming). Leverage is also known as risk level, and is used by traders when given by the broker in question. It allows traders to open a trade larger than their invested capital. 10x leverage is not usually common for platforms to give their traders, but here at Rabbit Finance, it is all about profits and the community. Rabbit Finance has taken advantages from good platforms who also offers over-leveraging on their platform such as Alpaca Finance.
All through the Rabbit Finance platform, their token, RABBIT, seems to be the service with the most use cases while providing governance rights and investors' rights. There is hope in Rabbit Finance that levered yield farming project would one day become the talk of the DeFi space. It would be in line just after the DEXs and lending projects.
Vision of the Rabbit Finance platform: The vision of this decentralized yield farming platform is to one day, be the Fed Reserve of the DeFi sector, just like the Fed reserve is important to the world economy. Rabbit Finance will assist users who do not have the financial capabilities to get involved in some effective financial services offered by them. Rabbit Finance wouldn't be like other typical levered yield farming platform, but would be decentralized as well as have the support of blockchain technology.
Participation in Rabbit Finance: Participation of users in the distributed platform comes in four different ways, which users will decide which to go for.
1. Bounty hunter: The bounty hunters simply pick a particular pool and reinvest in it. The 30% of the bounty will serve as buyback resources to increase the worth of the token. This act will serve as the bounty hunter's reward from the pool(0.4%). The remaining 69.6% will go to the LP of the pool, and staked again to earn rewards.
2. Farmer: Farmers can receive high yield when they open a leverage position on Rabbit Finance. However, risks could also be found here. It is not entirely stable, and this is the reason why some users would decide to go for the lending option of Rabbit Finance where returns are stable.
3. Lender: Income can be earned by simply putting your base assets in the platform's vault. The assets put in by lenders will be given to farmers to increase the position of their current leverage.
4. Liquidator: These set of users investigate the pool for low positions, and when they begin to act as a risk to the trade, they liquidate it. The liquidator is given 5% position reward.
Rabbit Finance has taken advantages from good platforms who also offers over-leveraging on their platform such as Alpaca Finance. All through the Rabbit Finance platform, their token, RABBIT, seems to be the service with the most use cases while providing governance rights and investors' rights. There is hope in Rabbit Finance that levered yield farming project would one day become the talk of the DeFi space. It would be in line just after the DEXs and lending projects.
Vision of the Rabbit Finance platform: The vision of this decentralized yield farming platform is to one day, be the Fed Reserve of the DeFi sector, just like the Fed reserve is important to the world economy.
USEFUL LINKS
Website: http://rabbitfinance.io/
Whitepaper: https://app.gitbook.com/@rabbitfinance/s/homepage/
Telegram group: https://t.me/RabbitFinanceEN
Twitter: https://twitter.com/FinanceRabbit
Github: https://github.com/RabbitFinanceProtocol
AUTHORS INFORMATION :
Bitcointalk Username : Pona
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2844964