Sunday, March 13, 2022

My Rabbit Farm - The First Algorithmic Token Pegged to $FTM on the Fantom Opera Network - YouTube

My Rabbit Farm - The First Algorithmic Token Pegged to $FTM on the Fantom Opera Network - YouTube:

Description: With RABBIT comes the continued expansion of a NFT & Metaverse gaming ecosystem layered on top of a seigniorage protocol, built by a team of senior blockchain engineers. Our vision is to develop a NFT-based MetaVerse gaming ecosystem around the protocol. With MyRabbitFarm comes the continued expansion of our gaming ecosystem, initially brought to life by MyChickenFarm. Having already released utility NFTs and an NFT marketplace within the span of less than 1 month, we will now continue progressing towards our vision of creating an unified farming ecosystem with interconnected protocols and a highly functional free-market economy by launching MyRabbitFarm. As our algorithms are continuously refined, we will release innovative products including but not limited to NFTs with upgradable skills, consumable items, and a Play-to-Earn NFT-based fighting game, all the while providing tremendous yield generating opportunities.

Strategies For Success

Genesis Pool Strategy

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.

Farming LP Strategy

The LP pools will open 3 days after the genesis pools open. Take your RABBIT rewards from the genesis pools (and/or buy some on SpookySwap) and pair it with FTM to receive RABBIT-FTM LP tokens. (Refer to the Provide Liquidity 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 Provide Liquidity section for instructions on how to do this). Stake those LP tokens in our Farms to earn even more BUNNY. Talk about compounding gains!

Hatchery Staking Strategy

You can also use your BUNNY rewards from farming (and/or buy some on SpookySwap) to stake in the Hatchery to earn additional RABBIT when above peg and the Hatchery is printing

NFT Minting Strategy

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 in-house NFT marketplace for sale. Alternatively, you will also be able to continuously level up your NFT's skills over time to make them even more valuable


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