Rabbit Finance
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Global Parameters

RABBIT, the farming reward

Rabbit Finance Protocol is built based on the Tokenomics of RABBIT. The governance token RABBIT would be the reward in the whole ecosystem. There are 3 ways to obtain RABBIT reward,
As Liquidity Provider -Provide liquidity for RABBIT/BUSD trading pair on MDEX, stake LP to farm RABBIT
As Lender -Deposit BNB/BUSD/BTC/ETH/USDT/CAKE/MDX and variety of tokens to get RABBIT reward
As Borrower -Farm in dozens of trading pairs LP pools underlying MDEX and PancakeSwap to get RABBIT reward
As Trader -Buy or sell BTC/ETH/BNB on margin and get RABBIT reward depending on position value.
For pool allocation, please check the link below👇

Interest rate model

We employ a triple-slope interest rate model to determine the borrowing interest rate with detail below:
Interest = m * utilization + b
Utilization Range
Interest rate at min. range
m
b
0% - 80%
0 - 10%
0.125
0
80% - 90%
10%
0
0.1
90% - 100%
10 - 60%
5
-4.4

Bank——Deposit Reserve

Deposit user do not have any principle or trading fee cost, 20% of deposit interest is deducted as deposit reserve, stake the ibToken will be rewarded with RABBIT, 50% of deposit reserve will be used for RABBIT buy back and burn.

Farm——Auto Compound Reserve

Open and close leveraged position is free, no cost besides debt interest. Apart from RABBIT reward, 30% of MDX or CAKE farmed will be used as Auto Compound Reserve, this part has already been deducted from displayed APR. This Reserve will be used for RABBIT buy back (burn or marketing), reward pool in the Garden, provide liquidity for CARROT and 3rd party cooperation expenditure.

Margin Trading—— Rabbit M Fee

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    1.
    A fixed trading rate of 0.1% will be charged when opening or closing position with the same rate based on the position value.
    2.
    No trading fee would be charged for margin call. However the trading rate for closing position is calculated by position value including the added collateral fund.
    3.
    Rabbit M is based on the depth and liquidity of DEX pools, and the DEX trading fee rate is calculated based on the actual transaction part (the borrowing funds).

Liquidation Reserve

In order to ensure high-risk positions are liquidated on time and for asset safty reason, we use liquidation bot to excute liquidation. 5% of the positions liquidated will be paid to the platform as liquidation fee. 50% of this part of reserve will be used as high Provision for underwater liquidation in the event of fluctuations in the market.

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Last modified 1mo ago