RABBIT FINANCE | Leveraged yield farming by the people,for the people
Rabbit Finance is a leverage yield farming protocol built on the Binance Smart Chain. It allows yield farmers to earn higher return by opening a leverage position. BUT FIRST, WHAT IS CRYPTOCURRENCY? Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service. Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, ...