MyRabbitFarm
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  • MYRABBITFARM PROTOCOL
    • Genesis Pools
    • Tokens & Allocation
    • NFTs
    • Platform
    • Bond Mechanism
    • Strategies For Success
    • Contracts & Wallets
  • GUIDES
    • Adding FTM Chain to your Metamask wallet
    • Bridging to FTM from Other Chains
    • FTM to wFTM (Wrapping FTM)
    • How to Buy RABBIT/BUNNY
    • How to Provide Liquidity
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  • Nest (Boardroom)
  • Hatchery UI Information
  • Hatchery Debt Phase
  • Farm
  • Bond
  1. MYRABBITFARM PROTOCOL

Platform

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Last updated 3 years ago

Nest (Boardroom)

  • 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 Expansion

    90% as Reward for Boardroom BUNNY Stakers 5% goes to Community fund

    5% 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.

Hatchery UI Information

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)

Hatchery Debt Phase

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.

Farm

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

Bond

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.

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 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!

Check out the section for a detailed breakdown of how bonds work.

Synthetic Exchange
Bonds Mechanism