Senin, 03 Mei 2021

Soku Swap

 

Soku Swap is a Decentralized Exchange (DEX)

What is Soku Swap?

Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum Network and the Binance Smart Chain. DEX uses automated market maker smart contracts to create a liquidity pool from ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using an algorithm versus the order book used on conventional exchanges.

The platform is designed to be easy to use, support privacy, lower fuel costs. Soku Swap is designed for traders and performs very well as any other smart contract component that requires guaranteed on-chain liquidity.

How does it work?

This allows users to trade using an algorithm versus the order book used on conventional exchanges. The price is determined using the formula x * y = k (x token x coins and y token coins y, and always maintains the invariance that x ∗ y = k for some k constant), and this ensures the reserve remains in relative balance. Soku Swap reserves are pooled among the liquidity providers who supply the exchange with tokens in exchange for a portion of the transaction fees. Soku Swap uses registry contracts to facilitate exchange between different currencies. The system mechanics ensure trading between cryptocurrencies is based on their relative supply.

Features

1. More Ways to Earn

Soku Swap offers many ways for users to earn money. From providing liquidity to trading or taking advantage of abitrage using flash loans. Imagine making arbitrage trades with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy to use Flash Loan System.

2. Not Just a Trader Here, You’re More Like an Owner

With SOKU, our governance token, you can help decide the future of the exchange. And if you make a few trades each week you’ll also get a small portion of the trading volume. The more the exchange grows, the more your payments grow. Plus you get to make decisions about what services should come first. If you stash enough of those SOKU, we might have to get you a parking spot with your name on it.

3. Two Networks, One Exchange

On Soku Swap, you can make trades on the Ethereum Network and the Binance Smart Chain. Ethereum being the largest decentralized network in the world of blockchain, it’s impossible to run an exchange without using it. But along with size comes other problems. Binance Smart Chain came along recently and helped alleviate those issues. With faster trades and lower fees, Binance is definitely one to watch out for. We feel that they are both important and want to make sure our users have the options to make their trades wherever they’d like.

4. Crypto Classes Are My Favorite!!

Have you ever had to try to explain crypto to somebody? I’m sure you have, we all have. We know it’s a headache but we try to educate the people we know because we care about them. Well imagine if you could send them a link to some free crypto classes, and the more classes they do the more you both earn. And don’t worry, we’ll keep them short and fun. We want to make learning easy and profitable for everybody.

5. Suko Swap Live Onscreen Chat

What’s the one thing people really hate about crypto exchanges? Is it the major lack of customer service? I know that was one of our teams major complaints. So we decided to fix that. We’re going to have live chat 24 hours a day to make sure that you never have a question that you can’t get answered. No matter where in the world you might be, there will be someone one click away to help if you ever need.

6. No KYC = Privacy

Centralized exchanges require all customers to fill out forms identifying themselves. You need to provide your name, date of birth, Social Security, blood type, dna sample, etc, etc. You get my drift. Crypto was born to be a decentralized currency that couldn’t be controlled and monitored. With the freedom of the DEX, you just need to connect your wallet and make your trades.

What is a Decentralized Exchange (DEX)?

A decentralized exchange is a type of cryptocurrency exchange that allows direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for intermediaries.

In centralized crypto exchanges, most of the control over your account remains with the third party running the exchange. On the other hand, with decentralized exchanges, all account control remains with you

The advantages of DEX

No KYC – KYC / AML compliance is the norm on many exchanges. For regulatory reasons, individuals must frequently submit identity documentation and proof of address. This is a privacy issue for some and an accessibility issue for others.

What if you don’t have valid documents? What if the information gets leaked? Since DEX is unlicensed, no one checks your identity. All you need is a cryptocurrency wallet.

No Counterparty Risks – The main attraction of decentralized cryptocurrency exchanges is that they don’t hold customer funds.

Unlisted Tokens – Tokens that are not listed on a centralized exchange can still be traded freely on DEX, provided there is supply and demand.

SOKU Tokens

Name: Soku

Base price: $0.88

Blockchain: BSC

Total Token Supply: 222,222,222

Symbol: SOKU

Total tokens available for Sale: 111,111,111

Type: BEP-20

Purchase methods: BNB, ETH, BTC and USDT

Softcap: 100,000 SOKU

Hardcap: 1,000,000 SOKU

Roadmap

Team

Ryan White: Founder/CEO

Dr. Nisheta Sachdev: Marketing Specialist

Sammy Arora: Marketing Specialist

Demari Cameron: Front-End Lead

David Lee: Back-End Lead

Ferdinand Smith: Communities Manager

Katie Chau: Advisor

Ron Belk: Advisor

Jeffrey Commons: Advisor

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113

BEP-20 Address: 0xf5cb6D3A257EE23E7Db6422aA5BE6094cDe97BE8

JUMBLE CASH

 

EMPOWERING USER PRIVACY FOR BNB TRANSACTIONS

About

Jumble cash is a platform that brings privacy to BNB transactions on the binance smart chain. Jumble Cash’s mission is to develop and deploy financial instruments that offer privacy within open finance. With some ~85 billion USD in latent value in BNB, they believe that supporters of BNB deserve peace of mind in regards to their financial history, wealth trace, previous and upcoming transactions. Jumble Cash pools represent privacy but more importantly, an easy-to-use interface to commit private transactions.

They have a total supply of 100,000,000 with initial circulating supply of 42,175,000. Token name is JUM.

With Jumble, your transaction behaviour does not change but your privacy increases.

Jumble effectively breaks the on-chain link between transaction sources and destination addresses by leveraging privacy focused architecture and algorithms, keeping your data secure and anonymous.

ADVANTAGES

  • Jumble pool offers a browser wallet with inherent privacy.
  • A familiar user experience with complete privacy.
  • Jumble hides your financial data by mixing transfers with funds in Jumble pools, ensuring that all subsequent transfers remain anonymous. Each time you withdraw, Jumble ensures you use a fresh address.
  • Keep your wealth hidden
  • Conceal the source of your assets
  • Hide your trading activities

SECRET MIDDLE POOL

Jumble Pools is used in transactions with wallets. Jumble Pools uses a private transaction protocol that is completely decentralized and autonomous for BNB (BEP20). This ensures the privacy of transactions on the Binance Smart Chain (BSC) using a privacy-focused algorithm to effectively break the chain link between the source of the transaction and the destination address. Users interact with their wallets in the same way as using MetaMask. The mix works wonders in the background to enhance and protect your privacy.

Non-Jumble users can also use the pool directly over the Internet, which further increases the privacy that everyone enjoys.

How Jumble Cash maintains user privacy and encourages acceptance.

Since the transition from an exchange token to a complete blockchain, they have seen many projects on Ethereum transitioning to the Binance Smart Chain (BSC). Engineers and projects who decide to share their existing codebase must do so with a view to upgrading the original. Not only to be a cat copy, but also to ensure user privacy for BNB transactions!

Project Objective

Jumble Cash’s focal objective іѕ tо mаkе аnd pass оn financial instruments thаt offer insurance іnѕіdе open cash. Wіth ѕоmе ~85 billion USD іn idle worth іn BNB, wе acknowledge thаt partners оf BNB merit real sensations оf quietness соnсеrnіng thеіr money related history, bounty follow, раѕt аnd impending trades. Jumble Cash pools address security аnуwау mоrе essentially, аn easy to-use interface tо submit private trades.

Token Detail

Supreme Supply : 100,000,000

Starting Circulating Supply : 42,175,000

Ticker : JUM

IDO round

IDO dispatch on BSC Starter : 30,000,000 JUM

Date : 28th April 14:00 UTC – 30th April 14:00 UTC

JUM cost : 0.0004 BNB

Vesting : 100% opened

Responsibility money related norms : BNB

Jumble Cash Distribution Breakdown

Seed : 37.50 %

BSC Starter (IDO) : 30 %

Liquidity : 12 %

Improvement : 5 %

Team : 5 %

Advancing : 11.50 %

Seed Rоund Scattering Nuances

37 аnd а hаlf percent оf thе reserve wаѕ dedicated tо thе seed round. Thеѕе аrе а segment оf оur longstanding partners аnd key intrigues thаt wе wоuld соnѕіdеr “sharp money” whо hаd thе option tо contribute early. Thеіr duty аnd backing tеndѕ tо оur normal vision fоr thе endeavor. Thе distributed 37.5m tokens address 37.50% оf irrefutably thе stock. 25% оf thе seed rоund wіll bе opened оn posting, bу thеn 25% reliably post posting. Fоr thоѕе considering, thе seed rоund іѕ closed.

  • Liquidity оn posting : 12,000,000 JUM
  • Date : 30th April 14:01 UTC
  • JUM cost : 0.0005 BNB
  • Pair : BNB

$JUM HODLers саn stake thеіr tokens. 80% оf аll costs accumulated bу thе show (in BNB) wіll bе appropriated month tо month tо people whо аrе checking $JUM. Thе extra 20% wіll bе uѕеd tо hеlр hold steady nеw development аnd improvement.

Roadmap

Conclusion

Jumble Pools utilize a totally decentralized and independent show for private trades for BNB (BEP20). It enables trade insurance on Binance Smart Chain (BSC) using security focused estimations to suitably break the on-steel between trade sources and target areas. Customers speak with their wallet definitely like using MetaMask. Jumble accomplishes something astonishing in the background to improve and get your security. Non Jumble customers can in like manner use the Pools clearly through web and further addition the level of safety valued by everyone. With Jumble, your trade lead doesn’t change yet your security increases.

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113

BEP-20 Address: 0xf5cb6D3A257EE23E7Db6422aA5BE6094cDe97BE8

SAFECOVID

 

Blockchain of the NFT Platform for Games

What is SafeCovid?

SaveCovid is a very unique, powerful and transparent project. on the one hand SaveCovid can also be said to be like “SafeStore” or a fun gaming platform and the historic NFT market around Covid-19 with automatic donations to UNICEF. the team presented this big project for future needs. The presence of a project like this will certainly attract a large market investment, so what are you waiting for? Opportunities are right before your eyes, don’t waste this golden opportunity and it’s time for us to build a SafeCovid Family! don’t forget to join and be a part of this Great project

Displays SafeCovid

Auto-Staking by fighting Covid-19 anxiety.

SafeCovid is a three-level automated custody protocol on the Binance Smart Chain.

The reward on each transaction is

2% for holders, 2% auto-liquidity

Three Tier Auto Bet The

more time you have, the more you will earn. With each new level, your rewards increase.

NFT Covid-19 History Museum

NFTs Community Museum around Covid-19 to commemorate this historic period.

Play and donate

Play, earn and donate. 20% of game transactions are automatically donated to UNICEF

Milestone

13 Airdrops Waterfall is linked to achieving market capitalization. (please see the Airdrop table at the bottom)

FEATURE

SafeCovid is a fun and enjoyable platform game that allows users to play against covid-19 anxiety and earn rewards. SafeCovid is built on top of the Binance Smart Chain platform, which enables the platform to operate fast, low cost, securely, and is supported by the well-known Binance ecosystem. SafeCovid has a three-tier auto-staking protocol, which allows users to earn more tokens if they have more tokens. But not only that, there are still a few other SafeCovid features:

  • Prizes for each transaction: SafeCovid distributes 2% prizes to holders and 2% auto-liquidity.
  • NFTs Historical Covid-19 Museum: NFTs are trending right now. SafeCovid will provide a special NFT museum around Covid-19 to commemorate our memories of Covid-19.
  • Airdrop milestone: SafeCovid conducts an airdrop program to promote platforms and services.
  • Play and donate: Users can play games and get prizes. Later, 20% of game transactions will be automatically donated to UNICEF.
  • World Mini-games Platform: Users can get more SFC by playing mini-games created by developers around the world.

SafeStore

SafeStore is a mini-game platform. Soon, all developers around the world will have access to it, as a result all SFC holders can play and earn SFC.

Initially, game publications will be pushed manually. Later, automatic protocols will allow it in Safestore.

The first game developed by the team is LuckyDraw, a simple lucky draw (every 8 hours).

Game reward transactions will be allocated according to this model:

– 70% for players

– 20% for UNICEF

– 5% for game developers

– 5% for liquidity

NFT Marketplace

The market place will be open to all NFT builders if at least one creation is related to the COVID theme. The NFT will be used first on the Binance Smart Chain and afterwards on the Elrond Network. Each sale will be allocated according to the below model:

– 70% for sellers

– 20% for UNICEF

– 5% for creators

– 5% for liquidity

Museum Covid NFT

Every week, one NFT will be selected by the community to integrate the NFT Covid Museum from the selection determined by the team.

Later, the NFT decentralization selection will be submitted with the votes of the holders. The NFT of the week will be displayed forever on NFT Covid Museem with a collection of values ​​for creators and owners.

Roadmap

Tokenomics

Total Supply : 7,000,000,000

Circulating Liquidity : 4,500,000,000 (64,28%)

Team : 1,200,000,000 (17,14%)

Airdrops Milestone : 650,000,000 (9,28%)

Marketing : 350,000,000 (5%)

Games: 300,000,000 (4,29%)

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113

BEP-20 Address: 0xf5cb6D3A257EE23E7Db6422aA5BE6094cDe97BE8

Minggu, 02 Mei 2021

Digital Bureaucracy

 

Digital Bureaucracy with Blockchain Infrastructure

About Digital Bureaucracy Blockchain

Digital Bureaucracy is a public blockchain designed for the mass adoption of blockchain technology by Countries, institutions, enterprises, or individuals of all sizes. It can be driven, fast, secure and requires appropriate processing costs. It is intended to form the basis of a Bureaucracy blockchain ecosystem.

Technically, the Digital Bureaucracy blockchain is built on proven existing blockchain innovations and new technologies is created to drive mass adoption.

What is DBC?

DBC is the first Decentralized Bureaucracy System that simplifies and standardizes data using blockchain technology. We facilitate bureaucracy across Individuals, Institutions, and Countries on the Blockchain Network.

What is DBCChain?

DBCChain is an Artificial Intelligence (AI) software developed by the Digital Bureaucracy team in open source. In order to make the use of DBCChain software specific to countries, institutions, and companies a very simple process, our team continues to work. We aim to ensure that it can be installed on all your devices with just one click, but also become very simple to use.

How does DBC Work?

Digital Bureaucracy is making our lives difficult. It is instated everywhere and is carried out by the Municipality. Official documents, Invoices, Home and Vehicle purchase and sale, School and Education, Health and Hospital, Finance and Business, Customs procedures, Passport and Identity procedures are just some of the areas of example.

The DBC Project has made it possible to manage the tedious document transactions that causes complexity in our lives. For a moment, imagine that paper is not used within the World. With DBC, you will be able to send and receive your invoices, official documents, insurance and hospital documentation, customs and tax transactions, home, and car buying/ transactions, international, official, or personal information/documents using a single click encrypted over the Blockchain Network.

  • Combine the structure of Artificial Intelligence and Blockchain, allowing you to trade securely and quickly.
  • Bureaucratic procedures will rely on the help of Artificial Intelligence completely. It is a great project that will ensure swift and reliable transfers over the blockchain network.
  • Dependable and rapid payments. You will be able to send even the highest payments at the lowest cost.
  • Safe storage of school and hospital transactions on the Blockchain network. It enables making an action or obtaining information simpler with just a click.

To facilitate the blockchain network in our daily lives, DBC started to develop its own Blockchain infrastructure to provide convenience in the listed areas below:

DBC Solution

The DBC token has been created to be used in the Digital Bureaucracy Infrastructure and to become the currency of the future. DBC token is the Crypto Currency that will be used in your bureaucratic transactions around the world.

What is DBC Token?

DBC Token is a virtual currency created to cover the Blockchain network fees of the Digital Bureaucracy system. Efforts are underway for our project to take party in many Exchanges according to our DBC Token Target table.

DBC Token will be used to cover Digital Bureaucracy Blockchain Network fees. Binance Smart Chain (BSC) Manufactured using BEP20 Smart Contract.

03-55-57-DBC.jpg

• Token Symbol Name: Digital Bureaucracy

• Short Token Name: DBC

• Token Standard: BEP20

• Blockchain Platform: Binance Smart Chain

• Total Supply: 200,000,000 DBC

DBC Token Sale

The DBC token was created using Binance Smart Chain (BSC) BEP20 Smart Contrac. The token’s third party service wallets, exchanges, etc. It provides compatibility with and easy-to-use integration.

How can I participate in the DBC Token sale?

DBC token is issued decentrally. It is a unique platform; completely user friendly that is secure, smart, and easy to use. You can buy the tokens from the ‘Token Sales’ section of our website. You are also able to have DBC Tokens free of charge by following our Social Media accounts.

Start: 2021-04-30

Total Supply: 200.000.000 DBC

umber of tokens for sale: 25.000.000 DBC

Tokens exchange rate: 1 DBC = 0.010 USD

Acceptable currencies: ETH, BNB, BTC, USDT

Minimal transaction amount

1000 DBC / 10 USD

ICO and Presale

Stage A – Presale Global

  • Date: 30 April 2021 – 31 July 2021
  • Bonus: 1% – 5,000 DBC+ 2% – 10,000 DBC+ 3%
  • Stage A Sales: 25,000,000 DBC ($250,000)
  • Stage A sales price: 0.010$
  • Investor Data (KYC): NO (can be purchased anonymously)
  • DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.

Stage B – Presale Global

  • Date: 1 August 2021 – 31 October 2027
  • Bonus: 1% – 5,000 DBC+ 2% – 10,000 DBC+ 3%
  • Phase B Sales: 25,000,000 DBC ($1,250,000)
  • Stage B sale price: 0.050$
  • Investor Data (KYC): NO (can be purchased anonymously)
  • DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.

Stage C – Presale Global

  • Date: 1 November 2021 – 31 January 2022
  • Bonus: 1% – 5,000 DBC+ 2% – 10,000 DBC+ 3%
  • Phase C Sales: 25,000,000 DBC ($3,750,000)
  • Stage C sale price: 0.15$
  • Investor Data (KYC): NO (can be purchased anonymously)
  • DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.

Stage D – Presale Global

  • Date: 1 February 2022 – 30 April 2022
  • Bonus: 1% – 5,000 DBC+ 2% – 10,000 DBC+ 3%
  • Phase D Sales: 25,000,000 DBC ($5,000,000)
  • Stage D sales price: 0.20$
  • Investor Data (KYC): NO (can be purchased anonymously)
  • DBC Token Distribution: All DBC Tokens will be distributed when the ICO Expires on April 30, 2022.

Team

The Digital Bureaucracy team aims to eliminate the difficulties in your life by bringing together Artificial Intelligence and Blockchain. Our Project is created in an open-sourced way completely. You can contribute to the development of our project by joining our team.

03-59-13-Tim.jpg

Team Management Structure

The Digital Bureaucracy team is a non-profit team dedicated to the development, management, and progress of the block chain ecosystem. The decentralized operating mechanism of blockchain technology provides our team with a unique management structure. Since the current bureaucracy structure has become a problem in everyone’s life. Our team members act with a common sense and a new-minded view. All decisions to be made in the areas of project or progression, development, and promotion. With the DBC software we are working on, the issue of elections taking place on the block chain. The team then decides the decisions about the selections of the project.

04-00-09-struktur+tim.jpg

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113

BEP-20 Address: 0xf5cb6D3A257EE23E7Db6422aA5BE6094cDe97BE8

Minggu, 18 April 2021

Rabbit Finance

 

Leveraged Yield Farming by the People, for the People

What is Rabbit Finance?

Rabbit Finance is a leverage yield farming protocol built on the Binance Smart Chain. It allows yield farmers to earn a higher returns by opening a leverage position.

Rabbit Finance is a leveraged yield farming protocol based on Binance Smart Chain (BSC) released by Rabbit Finance Lab. It supports users participating in liquidity farming through over-lending plus leverage to get more revenue.

When the user has insufficient funds but wants to participate in Defi liquidity farming, Rabbit Finance can provide up to 10X the leverage to help users obtain the maximum revenue per unit time, and at the same time provide a borrowing pool for users who prefer stable returns to earn profits. 

The DeFi space is gradually growing, and is making waves in the financial system of the world. Decentralization is now a concept that most businesses and individuals are familiar with, and they have started adopting it in their different ways of living. Centralized financial system is slowly fading away now that individuals have found a better way to go about any financial activity with peace of mind(decentralized finance).

Yield farming is a project under DeFi, and it seems to be one of the best ways for traders to easily generate income for themselves. However, the Decentralized exchanges and lending protocols(which this particular project has) is first in line. Rabbit Finance, a levered yield farming project is also a distributed platform of DeFi, and is here to give users more income when they trade with a higher leverage(10x) on their platform. The platform offers users a 10x leverage, which would result in higher profits for the traders.

10x leverage is a way for traders to trade more than they have. This means that their expected profit will be ten times their invested capital, although, users should note that losses can also be found in any typical DeFi project.

How to Make Use of Rabbit Finance and Earn Profits?

Users can either be a lender, a bounty hunter, a liquidator or a farmer. All of these would surely bring in profits for them, no matter what. They have different roles to play in any pool, and different rewards to receive.

Strengths & Vision

Rabbit Finance fully draws on and adopts the advantages of the projects in the market, uses the over-leveraged yield farming products with the advantages of Alpaca Finance and Badger Finance, creatively combines the mechanism of algorithm stable coin to empower the RABBIT token. In the whole economic ecology of Rabbit Finance, the RABBIT token, which is endowed with more application scenarios, not only represents the governance rights and interests of the leveraged yield farming protocol, but also the shareholders’ rights and interests token of algorithm stable coin of RUSD. Whenever RUSD is inflationary, the members who pledge R token to the boardroom will share the additional RUSD as dividends to share the benefits of ecological growth.

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

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 effective financial services at an affordable cost for people of all social strata and groups who need financial services. Rabbit Finance is not a simple leveraged yield farming platform or algorithmic stable coin system. It will be a decentralized and inclusive financial services infrastructure with the ability of continuous hematopoiesis and based on blockchain technology. Compared to being the same role as the Fed, what Rabbit Finance expects goes well beyond The Fed’s role in the world economy.

What is RABBIT Token?

RABBIT token is a governance token of the Rabbit Finance platform. It will also capture economic benefits of the platform. There will be a maximum of 200 million RABBIT tokens.

The feature and value of Rabbit Finance

Cora

the lender deposits his BNB into our deposit vault; his asset becomes available for a yield farmer to borrow; he earns interest for providing this liquidity.

Dunn

the yield farmer wants to open a leveraged yield farming position on the BTC/BNB pair; he borrows BNB from the vault and enjoys higher yield farming rewards.

Rabbit

Finance’s smart contract takes care of all the mechanics behind the scenes optimally switching assets to the right ratio, providing liquidity to the pool, and staking LP for Pancake Rewards

Gary

the liquidator monitors the health of each leveraged position, and when it goes beyond designated parameters, she helps liquidate the position, making sure lenders such as do not lose their capital. For this service, she takes a 5% reward from the liquidated position.

James

the bounty hunter monitors the amount of rewards accrued in each pool and helps reinvest it back, compounding returns for all farmers. For this service, he takes 0.4% of the reward pool as a reward. 30% as buyback fund, which will be used for RABBIT’ buyback and deflation. The remaining 69.6% will be converted into LP of the pool and pledged again to obtain compounding returns.

rabbit-finance-3.png

Besides, when the bounty hunter pitches on the pool and executes the reinvestment, 30% of the bounty of the pool is used as buyback funds to promote the value of the token.

Why does reinvestment raise the value of the token? This can be explained by the supply and demand relationship in economics. When the demand exceeding the supply, the value of the asset is bound to raise. According to the deflation mechanism of Rabbit Finance, the 30% of reinvestment earnings is used to repurchase fund to realize the continuous deflation of the token. In the author’ perspective, the deflation mechanism of Rabbit will become the vital factor for realizing the price of token. Continuous buyback and dispose make it possible for the volume of token supply to decline on a limited scale. These will drive the token to be increasingly precious. When Rabbit achieves its implementation, the price of the token is expected to rise correspondingly.

The 30% of the bounty of the pool is used as buyback funds to promote the value of the token. For this service, 0.4% of the bounty pool is directly given to the bounty hunter as a reward, the remaining 69.6% will be converted into LP of the pool and pledged again to obtain compounding returns. The huge power gifted by repeated investment makes it possible for investors to make more profits.

fe2952094fadc8bfdd75a.png

Except for the value increase driven by the token deflation, Rabbit has some other values. For example, before Rabbit coming into being, gun pool tokens can do nothing but to govern. However, Rabbit holders can mortgage their stakes to the board to share bonuses. As long as Rabbit Finance is profitable, its holders are given the right to share the bonus as shareholders and make easy money.

NFT (Non-fungible Token) is an emerging niche market for nearly everyone to take his chance. It is predicted by the specialist that NFT has its potential to become one of the world’s biggest market. The authority of the Rabbit has given much thought to its token. Rabbit Finance Lab will continuously empower Rabbit token, for example, Rabbit holders can snap up irregular issued NFT artwork, and the Rabbit will be automatically locked up during this period. Its circulation will be blocked and its value is expected to be pulled up in a short term. Holding NFT can accelerate mining, empowering the NFT with value with the help of Rabbit.

These two parties are of reciprocal relationships, that is to say, holding Rabbit makes it possible for holders hold NFT, the appreciation of NFT token reacts on the appreciation of Rabbit.

What is the RABBIT Token Used For?

Protocol Governance

soon launch a governance vault that will allow community members to stake their RABBIT tokens. The RABBIT staker will receive xRABBIT where 1 xRABBIT = 1 vote, allowing them to decide on key governance decisionsIn the initial phase, governance decisions will be made on Snapshot.

Capture Economic Benefits of the Platform

Users of Rabbit Finance Protocol (depositors and borrowers, i.e. lenders and farmers) will be rewarded with RABBIT token for their deposit and borrow behaviors. Rabbit Finance platform will set up a buyback fund with its income, which will be used for deflation and appreciation of RABBIT token. When earnings is reinvested, 30% of that is used to RABBIT repurchase fund. The 20% of the depositor’s interest income is used as market development fund. All of these will contribute to RABBIT’s demand increase and value growth.

Capture Economic Benefits of the RUSD, RBTC, RBNB

RABBIT token is the shareholders’ rights token of algorithm stable coin of RUSD, RBTC, RBNB etc. Whenever RUSD etc. is inflationary, the members who pledge RABBIT token to the boardroom will share the additional RUSD as dividends to share the benefits of ecological growth. For more details, please pay attention to our follow-up announcement.

RABBIT Distribution

1. Community Pool

79.75% of total supply,about 159,500,000 RABBIT

RABBIT will be released over two years with a decaying emissions schedule, and will be evenly distributed to the entire ecosystem as a community reward.

2. Institutional Pool

5.25% of total supply,10,500,000 RABBIT

Provide 5.25% investment quota for well-known institutions and investors. After the completion of the investment, 245,000 RABBIT will be released every 7 days, and 10,500,000 RABBIT will be released within 300 days (about 10 months). Specific time to be determined, please pay attention to the follow-up announcement.

  • Hard cap:10,500,000 RABBIT = 525,000 USDT
  • Exchange ratio: 1 RABBIT= 0.05 USDT

3. Development Fund

10% of total supply,about 20,000,000 RABBIT

10% of the distributed tokens will go towards funding development and expanding the team, and will be subject to the same two-year vesting as the tokens from the Fair Launch Distribution.

4. Warchest Fund

5% of total supply,about 10,000,000 RABBIT

5% of the distributed tokens is reserved for future strategic expenses. In the first month, 250,000 tokens were released for listing fees, auditing, third-party services, and liquidity of partners.

Conclucion

Rabbit Finance fully draws on and adopts the advantages of the projects in the market, uses the over leveraged yield farming products with the advantages of Alpaca Finance and Badger Finance, creatively combines the mechanism of algorithm stable coin to empower the RABBIT token. In the whole economic ecology of Rabbit Finance, RABBIT token, which is endowed with more application scenarios, not only represents the governance rights and interests of the leveraged yield farming protocol, but also the shareholders’ rights and interests token of algorithm stable coin of RUSD.

Rabbit Finance can provide up to 10X leverage to help users obtain the maximum revenue per unit time, and at the same time provide a borrowing pool for users who prefer stable returns to earn profits.

Author: Foto lama

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113

BSC Wallet Address: 0xf5cb6D3A257EE23E7Db6422aA5BE6094cDe97BE8