Rabbit Finance (RABBIT) is a Binance Smart Chain-based protocol facilitating lending, borrowing, yield farming and margin trading. More
| Fully Diluted Valuation | $73,087 |
|---|---|
| 24H Trading Volume | $123 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 106.45M |
| Total Supply | 179.06M |
| Max Supply | 203.00M |
| Categories | Decentralized Finance (DeFi) 3 more |
|---|---|
| Founder | Michael M Steibl |
| Website | certik.org |
| Socials | 3 more |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Binplorer 2 more |
| Contracts |
0x95a....e1b41
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| Name | Pair | OG Score |
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Rabbit Finance is a DeFi platform operating on the Binance Smart Chain. It offers various financial services like lending, borrowing, yield farming, margin trading, and governance to cryptocurrency users.
Lending and Borrowing:
Rabbit Finance allows users to lend and borrow cryptocurrency assets. This means users can provide their assets to the platform and earn interest, or borrow assets by providing collateral.
Yield Farming and Liquidity:
The platform enables yield farming, where users can earn rewards by providing liquidity to decentralized finance protocols. Rabbit Finance also emphasizes increasing liquidity, making it easier for users to buy and sell assets.
Margin Trading:
Rabbit Finance provides margin trading services, allowing users to trade cryptocurrencies with borrowed funds. Users need to provide collateral to cover the borrowed amount and any associated risks.
Yield-Bearing Token Model:
Rabbit Finance has its native token called RABBIT, which rewards users for holding it. This encourages users to stake their tokens and participate in governance decisions.
Governance and RabbitDAO:
Rabbit Finance operates with a decentralized governance model through RabbitDAO. Users who hold Rabbit tokens can vote on platform decisions and earn rewards by staking their tokens.
Future Initiatives:
The platform plans to introduce NFT-driven gameplay called "Rabbit vs. Zombies," where token holders can use their tokens to purchase in-game characters.
Conclusion:
Rabbit Finance offers a range of financial services within the DeFi space, aiming to provide users with opportunities to earn rewards and participate in platform governance. With its user-friendly interface and focus on simplicity, Rabbit Finance is poised to make a significant impact in the decentralized finance sector.
Rabbit Finance stands out for its comprehensive suite of DeFi services, including lending, borrowing, yield farming, margin trading, and governance, all on the Binance Smart Chain, offering users a one-stop solution for their cryptocurrency needs.
Rabbit Finance was founded by Rabbit Finance Lab, with the platform launching on January 6, 2022, aiming to innovate within the DeFi space and provide users with enhanced financial opportunities.
You can buy Rabbit Finance (RABBIT) on PancakeSwap (v2), Mdex BSC cryptocurrency exchanges.
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