Strategies For Success
Last updated
Last updated
Congratulations for making it this far! Now that you're ready to start using MyRabbitFarm to earn some great yields, let's look at some basic strategies you can follow. We'll break things down by complexity and relative risk, so feel free to mix and match elements according to your own level of experience, goals, and risk tolerance.
The strategies described here are intended only to illustrate how to use the MyRabbitFarm protocol and do not constitute financial advice. Always do your own research and make your own decisions with regard to how you use MyRabbitFarm
When the protocol launches, the genesis pools will be live for 5 days. By depositing wFTM, USDC, BOO and/or EGG, you will continuously receive RABBIT tokens as rewards! We strongly encourage all participants to partake in the genesis pools as early as possible, as this is a risk free way to earn RABBIT tokens.
Moreover, you may also equip 1 of our special NFTs to increase your yields during this period. Please refer to the section for more details
The LP pools will open 3 days after the genesis pools open. Take your RABBIT rewards from the genesis pools (and/or ) and pair it with FTM to receive RABBIT-FTM LP tokens. (Refer to the section for instructions on how to do this). You can then stake those LP tokens in our Farms to earn BUNNY tokens as rewards. Furthermore, you can withdraw your BUNNY token rewards and pair it with FTM to receive BUNNY-FTM LP tokens (Refer to the section for instructions on how to do this). Stake those LP tokens in our Farms to earn even more BUNNY. Talk about compounding gains!
You can also use your BUNNY rewards from farming (and/or ) to stake in the Hatchery to earn additional RABBIT when above peg and the Hatchery is printing
As you accumulate BUNNY, you can also use them to mint limited edition RABBIT NFTs. The RABBIT NFTs will have long-lasting financial utility within our gaming ecosystem and can immediately be listed on our for sale. Alternatively, you will also be able to continuously level up your NFT's skills over time to make them even more valuable