# sRABBIT

<figure><img src="/files/p5iDQTg61ToW9DP6y20D" alt=""><figcaption></figcaption></figure>

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`sRABBIT` is the liquidity-wrapped version of `$RABBIT`, designed to make staking, rewards, and trading more flexible across the RabbitSwap ecosystem.

### What is sRABBIT?

* A token received when you **stake $RABBIT** into the RabbitSwap Pool.
* Fully **tradable** on the secondary market.
* Accrues **passive rewards** from emissions and protocol incentives.
* Represents your share of the $RABBIT in the liquidity pool.

### How to Get sRABBIT

You can obtain `sRABBIT` it in two ways:

1. **Convert $RABBIT to sRABBIT**\
   Your sRABBIT amount is based on the pool’s total stake and supply at the time of conversion.
2. **Buy on Secondary Market**\
   The exchange rate is determined by:
   * Total $RABBIT in the pool
   * Total sRABBIT in circulation

### Reward Mechanisms

Two streams fund sRABBIT rewards:

* **Base Rewards**:
  * Ongoing $RABBIT emissions to the pool
  * Begins **Monday, 22 September 2025**
  * Emission rate: **10M $RABBIT/year**

**Formula**

$$
sRABBIT \space Received =\frac {x\space RABBIT} {(Staked \space RABBIT + Emission \space Rewards + Extra \space Rewards - Locked \space RABBIT) ÷ Total \space sRABBIT \space Supply}
$$

* **Top-Up Rewards**:
  * Additional incentives, like trading fees

<figure><img src="/files/ue84jOn7bvpuRcVTWoJP" alt=""><figcaption></figcaption></figure>

{% content-ref url="/pages/Fn5uP1m1f6bXzB2JexAh" %}
[How to Stake sRABBIT](/rabbitswap/user-guides/srabbit/how-to-stake-srabbit.md)
{% endcontent-ref %}

{% content-ref url="/pages/C9qTqmvNshVmKOANpne8" %}
[How to Redeem](/rabbitswap/user-guides/srabbit/how-to-redeem.md)
{% endcontent-ref %}

{% content-ref url="/pages/nsD13a9cCiYcg6srHtrW" %}
[How to Withdraw](/rabbitswap/user-guides/srabbit/how-to-withdraw.md)
{% endcontent-ref %}


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