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

pid 1 = RBX-WETH TraderJoe LP, Initial Reward Allocation 42000000000000000000000

pid 2 = RBD (Team Allocation)

pid 3 = RB-ARB Camelot LP, Initial Reward Allocation 10500000000000000000000

pid 6 = Curve 2Pool, Initial Reward Allocation 2000000000000000000000

pid 7 = Curve TriCrypto, 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