Platform
- Epoch duration: 6 hours
- Any interaction with the Hatchery (staking/unstaking BUNNY or withdrawing RABBIT rewards) will lock your staked BUNNY for 6 epochs and RABBIT rewards for 3 epochs.
- Distribution of RABBIT during Expansion90% as Reward for Boardroom BUNNY Stakers 5% goes to Community fund5% goes to DEV fund
- Epoch Expansion: The current expansion cap is based on the currently circulating RABBIT supply (see below for details). If there are bonds to be redeemed, 65% of minted RABBIT goes to the treasury until its sufficiently stocked to satisfy future bond redemption
RABBIT Circulating Supply | Max RABBIT Minted |
|---|---|
Up to 1.5M | 3% expansion |
Up to 5M | 2.5% expansion |
Up to 10M | 2% expansion |
Up to 20M | 1.5% expansion |
Up to 50M | 1.25% expansion |
50M+ | 1% expansion |
The Hatchery does not print any rewards for BUNNY stakers when the Hatchery TWAP < 1.01.
Next Epoch indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
APR refers to the simple returns in USD value relative to the amount of BUNNY staked (USD value).
Note: APR fluctuates from time to time and is dependent on certain factors such as:
- Price of RABBIT
- Price of BUNNY
- Amount of BUNNY staked in Hatchery (Locked Value)
A debt phase takes place during expansion epochs that start after a contraction period where there are still RBOND to be redeemed.
65% of expansion during a debt phase is allocated to the treasury fund to prepare for subsequent RBOND redemption down the road. This amount is always reserved, regardless of whether RBOND holders are redeeming bonds or not.
Once enough RABBIT is sufficiently stocked in the treasury to satisfy the redemption of all circulating RBOND, expansion rates will resume to normal.
To incentivize healthy liquidity pools for the MyRabbitFarm protocol tokens, our LP farms have been seeded with BUNNYs to be distributed as rewards to LP stakers across a time period of 12 months. The total BUNNY rewards are distributed from each farm as follows:
- RABBIT-FTM LP: 30,000 BUNNY
- BUNNY-FTM LP: 20,000 BUNNY
The LP farms are broken down into 3 Tiers: Gold, Silver, and Bronze. Higher tiers have longer lock-up periods and significantly higher reward allocation. Simply visit the Synthetic Exchange and swap 1:1 your RABBIT-FTM LP and/or BUNNY-FTM LP tokens according to your selected Tier. Now you can farm those Gold/Silver/Bronze tokens in the LP Farms!
RBOND (bond tokens) are available for purchase when RABBIT falls below the 1 FTM peg. If RABBIT's TWAP is between 1.00 and 1.01, neither RBOND nor RABBIT will be issued.
Last modified 10mo ago