Presale for $ Rocket tokens starts today
Today’s analysis of the current price development of Cardano looks bearish. The point-and-figure chart strongly suggests that Cardano is about to turn around, which has led investors to invest more in Cardano-based projects. Rocketpad an IDO launchpad on the Cardano blockchain is booming in the sky as pre-sale for $ Rocket tokens begins today. To participate, click on the link: https://www.rocketpad.community/seed-sale-page
Rocketpad is a community IDO platform based on the Cardano blockchain. At its core, Rocketpad was created to enable startups and new businesses to raise capital to scale their operations in a decentralized and transparent manner. To accomplish this lofty mission, the Rocketpad team is proud to announce the release of its MVP. The pre-sale was christened “A story about to repeat itself.” Those who did not have the opportunity to take part in the seed sale can now take part in the Rocketpad project. In the coming weeks Rocketpad should be listed on major stock exchanges, the announcement should be made shortly.
The utility token
$ ROCKET is the utility token from ROCKETPAD and its diverse use cases are based on the Cardano blockchain, which drives the ROCKETPAD ecosystem. $ ROCKET Token is used as a subscription token to navigate our Rocketpad IDO Launchpad.
Several use cases of $ Rocket are as follows:
Rocketpad creates a fair and fully decentralized IDO launchpad platform that token holders benefit from. Users are whitelisted based on the amount of $ Rocket in their wallet. The more $ Rocket the user owns, the greater the chances of getting whitelisted. We protect the community and prevent rug pulls by using secure entries. Review of critical information such as B. Metrics for the project, who is responsible for them? Tokenomics, An Overview and Examples of Its Use. The latest development updates. A summary of current events and the surrounding communities would be carefully examined.
Staking from $ Rocket:
With staking, tokens are delegated in wallets for a certain period of time in order to participate in the governance of the network. Staking is common in Proof-of-Stake (PoS) projects, where transactions are validated on the respective network protocol, a new block is created, and newly minted coins are distributed as staking rewards. The tokens are withdrawn from circulation and the event is used to collect value for them. Therefore, $ ROCKET tokens can be used in the staking contract to receive more tokens as a reward.
Liquidity is the ability of one asset to be easily exchanged for another without affecting its value. $ Rocket tokens can be exchanged for other tokens on the blockchain, allowing players to provide liquidity and create a market. Swappers are charged a small fee to purchase $ Rocket and liquidity providers receive a return on their deposit in return. There is an auto-liquidity feature that adds a certain percentage of each transaction to the provided liquidity.
Rocketpad will implement a manual token burn in its functions. Burning tokens involves permanently removing existing $ Rocket tokens from circulation. This is a pretty weird feature in the Cardano ecosystem and so $ Rocket is designed to outperform others.
$ Rocket is a Rocketpad utility token that gives users voting and administrative power. This is extremely important in a DeFi situation where power balance is required. You can vote on proposals for an IDO with $ Rocket tokens. Rocket as a governance token ensures that the perspectives of the blockchain participants are heard when decisions are made about co-debase and its management. These tokens can also be used to set the rules that govern how blockchain performs transactions and block verification. Therefore, it is also possible to use $ Rocket to vote on patches and updates for current programs.
Rocketpad offers investors a guaranteed allocation. Because they use a pool weighting system to determine the size of the allotment for each participant. In short, the fundraising goal for the project is shared by the pool collection of all participants, each receiving a fair share in relation to the weight of their pool to the original.
It uses the animal system to determine the contribution amount. For example, people at the top level of the launchpad can group larger pool weights because they are at the top level of the launchpad. In other words, the higher your level and the more money you can contribute to starting the new initiative. The greater the pool weight, the higher the percentage of the IDO that you can purchase from ADA Cardano.
More details at: https://app.rocketpad.community/tier-system.html
The $ ROCKET token is a native Cardano token. So you can participate by sending ADA to the pre-sale address with all Cardano supported wallets that include, but are not limited to, the following.
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