Introducing… Bunny Smart Vaults!

Congrats Bunny family! 🐰🎉🐰🎉

We are pleased to announce the launch of Cross-Chain Collateralized Smart Vaults. We will first launch these unique single asset vaults for BTCB, ETH, BNB, USDT, BUSD.

The new Smart Vaults can provide the users opportunities to earn interest safely without losing their principal. The loan interest rate model follows TripleSlopeModel. (Source code for AlphaHomora v1 was forked and partially modified.) Any principal amount in these smart vaults that is not used directly for crosschain will be managed and invested in Venus. Our Smart Vault will automatically calculate the interest rate and adjust leverage dynamically. (e.g. If borrowing interest is high, we simply deposit into venus. Otherwise, we borrow again, redeposit, and repeat.)

As crosschain officially launches following the beta tests, these smart vaults will become an integral part in providing liquidity for ETH crosschain participants through collateralization.

Thank you Bunny Fam for your trust and support! The rate of innovation at Bunny Team remains high and new development updates coming very soon. Stay tuned!

If you haven’t, please join the Bunny Community to help us continue growth!

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