What is Rocket Vault (RVF) | What is Rocket Vault token | What is RVF token
In this article, we’ll discuss information about the Rocket Vault project and RVF token
Rocket Vault — Simplifying Crypto Value Investing
The user don’t have to worry about which crypto assets to invest in any more and no need to spend loads of time analyzing tens of thousands of projects out there. Just deposit in the Smart Vault, sit back & watch your funds grow! Rocket Vault works hard 24x7x365 days to maximize your returns on crypto investment, even while you are sleeping :)
The problems crippling DeFi space — Ethereum has hit its limits!
From a design point of view, the current iteration of Ethereum — or Eth1 — is far too constricted because it’s not designed to scale in a significant manner. It’s a bit unusual, as the project has always been marketed as a haven for developers looking to experiment with blockchain technology. More applications, projects and services only result in more congestion, leaving users dissatisfied.
Considering how this network is the main hub for financial innovation, a different approach is warranted. While Ethereum technology is flexible and modular in some ways, it is also home to failures, hacks, unsafe code and so forth. Moreover, few projects extend beyond Ethereum itself even though cryptocurrency is so much bigger than the Ethereum ecosystem itself.
This becomes apparent when looking at the current DeFi landscape. Hundreds of projects have come and gone, yet few remain standing.
Let us take a deeper look at the problems that are making the DeFi projects non-viable for retail investors:
o High gas fees
With the Ethereum network becoming congested with the increased number of Dapps and transactions, the gas fees are sky rocketing and literally making these applications nonviable and non profitable for retail investors. Imagine a small investor who wants to deposit a $1000 in DeFi investment applications need to pay $50–100 gas fee upfront and similar amount again when the user need to withdraw to exit the pool, when the APY drops significantly or to avoid impermanent losses. Considering an avg. of $75 gas fee per transaction, the user ends up paying $150 just to enter and exit a specific investment option. Just to recover the gas fees one needs to earn 17.6% (with investment of $850, excluding $150 in gas fees).
o Inconsistent APY
Yield farming used to be so much lucrative in the initial days of DeFi, where users used to be rewarded with high returns. Gone were the days when there were only a handful of Dapps offering yield farming options with high APY. The DeFi craze has led to a number of Dapps offering similar services. As the users flood to the highest yielding pool and as the TVL increases, it leads to a crash in the yield. The users are then forced to search for another high yielding project and switch pools.
o Rug pulls
With the increasing number of scam projects, bug exploits and anon teams, the investor is always at the risk of losing 100% of his investment.
What if I tell you that Rocket Vault Finance addresses all of these problems with a unique approach and a unique product offering leveraging the latest technologies?
Rocket Vault (RVF) — The future of crypto investing
o Not impacted by high gas fees
As RVF adopts the unique approach which is not dependant on Ethereum network to generate rewards, there is no impact due to insane gas fees.
o Consistent APY
Rocket Vault adopts a unique approach to generate consistent returns over a period of time irrespective of the number of users or the increasing TVL.
Team RVF have been developing, testing and fine tuning proprietary AI-ML based strategies since late 2019 that are able to consistently generate over 100% APY. RVF uses advanced AI predictive analytics and ML pattern recognition algorithms to come up with strategies to:
§ Predict accurately to reduce the uncertainly
§ Minimize risks — by avoiding risky pairs & diversifying portfolio to the minute possible level
§ Maximize returns — by booking profits on a regular basis and have stable coin reserve to (a) re-invest or (b) DCA as the need arises
§ Generate rewards in both bull and bear markets
The Smart Vault keeps learning from historic data and becomes more intelligent every passing day to generate more accurate predictions and hence improved returns on investment.
o No impermanent losses
RVF generates rewards in stable coins (USDT, USDC etc). So no LP pool needed to convert/liquidate the rewards. Simply put impermanent losses are not in picture.
o Not impacted by rug pulls & FUD
As the Smart Vault diversifies the portfolio to the minute level possible, a few assets impacted due to the rug pulls or price fluctuations of a few assets to any kind of FUD have a little impact on the overall portfolio.
o Creating a level playing field
RVF strives to leveling the playing field giving everyone the equal opportunity to benefit from crypto value investing leveraging the advancements in technology and making it available to the common man with best user experience.
o Transparent team
The team has rich experience in Financial Services Industry and provided custom solutions to complex problems to Financial Institutions all over the world. The team is balanced with SME, statistical analysts, developers with different skills varying from python, AI&ML, UI expert, security experts among others.
The project has:
§ Registered company and
§ Gives utmost importance to adhere to the regulatory compliance
§ Highest Security Standards for investor privacy
§ Most of the funds RVF invests in CEX that are backed by Insurance. Funds are SAFU.
What is Rocket Vault ($RVF)?
We are delighted to introduce the first ever Vault project that offers the best APY in stable coins. Our proprietary strategies are consistently able to generate 100+% APY**. We achieve this by using advanced AI & ML algorithms.
Smart Vaults Minimizes risk:
Our strategies identify the best performing pools and auto invests in all the best performing pools. It also identifies the risky pools and avoids them to reduce the risk exposure.
Our Smart Vaults Minimizes Risk
Maximizes gains with intelligence:
With machine learning we identify patterns and behaviors in historical data and learn from it. Our strategies automatically identify the best investment opportunity based on the historical patterns. It also identifies the best selling point to protect the gains and move to Treasury to auto-deploy the funds when the strategies signal the optimal investment opportunity.
Our Vaults Maximizes Gains in an Intelligent manner
Hedging: Our vaults currenlty employ DCA as 1 of the hedging strategies. More strategies are being worked out as we speak.
Arbitrage Bot: This is a straight forward scenario where the vault keep monitoring for any arbitrage opportunities and executes the orders to capture the opportunity.
Treasury: Smart Vault strategies automatically book profits and a % of the profits are reserved in treasury in stable coins and the vault keeps monitoring for the best opportunity to execute the buy order to maximise the gains.
Our strategies keep learning and become more intelligent by the day to automatically minimize risks and maximize gains by learning from the historical data.
All this is an automated process where our vault strategies keep working 24x7x365, even while you are sleeping, to work hard for you to make maximum gains for your investment.
This is applicable only for the “eligible whitelist” addresses that is mentioned in the official telegram chat t.me/rocketvault
- Go to https://rocketvaults.io/app and sign up with your email id.
- Please read the “Token Sale” terms & conditions and accept the same and enter OTP received in your email to procced to contribute in token sale.
-Please avoid using “Hotmail” ids as we noticed some users are facing issues with receiving OTPs
2. Click on “Token Sale” and click on “Connect Wallet”. This is the same address in which you receive the RVF tokens as per vesting schedule.
3. Currently ONLY Metamask wallet is supported. IF your wallet address is not whitelisted, you see below message and “Contribute” button will be disabled:
4. Ensure you have enough USDT in your wallet to contribute. You may choose if you want to contribute 250 USDT in each of SEED and PRIVATE round or contribute only to 1 of the rounds with min. 100 USDT and max. 250 USDT. Please check the vesting schedule of each of the rounds on website:
5. Choose the round you want to contribute from dropdown:
6. If you wish to contribute in SEED round, choose it and fill the amount you want to contribute:
Click on “Contribute” and authorize the transaction in metamask. Please ensure to cross check the contribution address mentioned in email along with OTP with the address mentioned in metamask screen before approving it.
Once you approve the transaction, you can see the link to transaction on etherscan to check the status. You will also be able to see the transaction details below the “Contribute” button for reference at any point of time.
7. If you want to proceed with contribution towards PRIVATE round, please select from dropdown and proceed in similar way as described above:
You should be able to see ALL transactions displayed under the “Contribute” button for future reference.
How and Where to Buy Rocket Vault (RVF)?
RVF is now live on the Ethereum mainnet. The token address for RVF is 0xdc8af07a7861bedd104b8093ae3e9376fc8596d2. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy RVF token
Contract: 0xdc8af07a7861bedd104b8093ae3e9376fc8596d2
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once RVF gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information RVF
☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Documentation ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post is my OPINION and not financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
#blockchain #bitcoin #rvf #rocket vault
