Description
Rabbit Finance is an innovative leveraged yield farming protocol on the Binance Smart Chain, enabling users to amplify their yield farming results with leverage up to 10x. This allows even those with limited funds to participate in DeFi liquidity farming, maximizing revenue potential. The platform features an automatic leverage adjustment mechanism to manage risks and includes a unique liquidation process to protect users’ positions. Users can also stake the RABBIT token for rewards and governance involvement. Despite having no current supply, Rabbit Finance is actively traded across 24 markets, with fluctuating prices and trading volumes occasionally exceeding $1,500 daily. Launched in 2021, it has garnered backing from 12 prominent capital funds and exchanges, including FBG Capital and Horizon Capital, bolstering its standing in the web3 space. More details can be found on their official site, rabbitfinance.io. The protocol aims to optimize profitability for its users, ensuring efficient risk management and stable returns through a dedicated borrowing pool.
Rabbit Finance is an innovative leveraged yield farming protocol on the Binance Smart Chain, enabling users to amplify their yield farming results with leverage up to 10x. This allows even those with limited funds to participate in DeFi liquidity farming, maximizing revenue potential. The platform features an automatic leverage adjustment mechanism to manage risks and includes a unique liquidation process to protect users’ positions. Users can also stake the RABBIT token for rewards and governance involvement. Despite having no current supply, Rabbit Finance is actively traded across 24 markets, with fluctuating prices and trading volumes occasionally exceeding $1,500 daily. Launched in 2021, it has garnered backing from 12 prominent capital funds and exchanges, including FBG Capital and Horizon Capital, bolstering its standing in the web3 space. More details can be found on their official site, rabbitfinance.io. The protocol aims to optimize profitability for its users, ensuring efficient risk management and stable returns through a dedicated borrowing pool.
