# Platform Overview

RB Finance introduces its native token $RB which will be pegged to $ARB token using Tomb Protocol mechanics. Liquidity for $RB token will be added on popular a dex on arbitrum with $RB-$ARB pairing. RB Finance introduces its native share token $RBX which can be deposited in the boardroom to earn $RB during every epoch. RB Finance introduces its bond token $RBB which can be redeemed for $RB when right conditions are met.

### Genesis

Genesis starts on 1680105600 (**March 29th 16:00 UTC**) & runs till 1680278400 (**March 31th 16:00 UTC**).

Genesis is the initial phase of RB Finance launch & will last 2 days from start. During this period users can deposit whitelisted tokens into genesis pools to farm $RB token. The following genesis pools would be available.

$ARB, $USDC, $ETH, $RB - $ARB LP on Camelot Dex, $GRAIL

Genesis will emit a total of **27500 $RB tokens** as per the distribution below.

**ARB - 7.5%, WETH - 7.5%, USDC - 5%, GRAIL - 5%, RB-ARB LP - 75%**\
**ARB - 2062.5, WETH - 2062.5, USDC - 1375, GRAIL - 1375, RB-ARB LP - 20625**

There will be deposit fees of 0.5% for the genesis deposits.

### Farms

Farms with $RBX rewards will start at **1680285600** (2 Hrs after Genesis ends, 18.00 UTC) \
RBX/s emissions will be 3486000000000000 (0.003486 per second) \
A total CAPPED supply of **50k $RBX** will be distributed over **166 days**.\
\
We will be enabling new pools as we go forward thus **allocating & reallocating rewards to each pool as needed**. As we used Camelot for the Genesis Rb-ARB LP & would like to slowly migrate to Trader Joe, we will have 2 LP pools for RB both of which will be rewarded. **We will gradually reduce the rewards for the camelot LP assigning those to Joe LP**. RBX-ETH LP on TraderJoe will be the third farm pool. There will be other non native pools enabled later.

pid 0 = RB-ARB TraderJoe LP, Initial Reward Allocation [17500000000000000000000](https://arbiscan.io/unitconverter?wei=17500000000000000000000)

pid 1 = RBX-WETH TraderJoe LP, Initial Reward Allocation [42000000000000000000000](https://arbiscan.io/unitconverter?wei=42000000000000000000000)

pid 2 = RBD (Team Allocation)

pid 3 = RB-ARB Camelot LP, Initial Reward Allocation [10500000000000000000000](https://arbiscan.io/unitconverter?wei=10500000000000000000000)

pid 6 = [Curve 2Pool](https://curve.fi/#/arbitrum/pools/2pool/deposit), Initial Reward Allocation 2000000000000000000000

pid 7 = [Curve TriCrypto](https://curve.fi/#/arbitrum/pools/tricrypto/deposit), Initial Reward Allocation 2000000000000000000000

**All Non Native Pools will have an initial deposit fees of 1% subject to change.**

### Boardroom

Starts 36hrs after Farm starts. Apr 2 08.00 UTC

Epoch duration: 6 hours

Deposits / Withdrawal of $RBX share token into/from Boardroom will lock $RBX for 4 epochs and $RB rewards for 2 epochs. $RB rewards claim will lock staked $RBX for 4 epochs and the next $RB rewards can only be claimed 2 epochs later.

Boardroom will **not** mint any $RB while TWAP is below 1.01.

Debt Phase take place on the expansion epochs that start after a contraction period where there are still $RBBs to be redeemed. 65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the $RBB Redemption. This amount is still reserved whether or not $RBB holders are redeeming bonds or not.

Once $RB in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal. $RBB emitted per epoch during contraction periods can be found in Bond page.

$RBB (bond tokens) are available for purchase when $RB falls below the 1 $ARB peg. If $RB TWAP is between 1.00 and 1.01, neither $RBB nor $RB will be issued.

e.g. if $RB TWAP < 1, exchange $RB for $RBB will be in a 1:1 ratio.

$RBB (bond tokens) are available for redemption when $RB goes above the 1 $ARB peg.

To encourage redemption of $RBB for $RB when $RB TWAP > 1.1 and incentivize users to redeem at a higher price, $RBB redemption will be more profitable with a higher $RB TWAP value, of which $RBB to $RB ratio will be 1:X, where X can be calculated in the formula as shown below:

X=1+\[($RB(​twapprice)−1)∗coeff)]  Where coeff = 0.7


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