Description: Stake your ROCKET-FTM LP in the Launchpad to earn SROCKET rewards. Then stake your earned SROCKET in the Factory to earn more ROCKET! We have been around this industry for several years and started looking into yield farming around 1 year ago analyzing what can we do for a single coin farm not to die in the first couple of hours, and you just found out our main goal. Why we start with 0 Liquidity and Genesis farming? Because we hate bots that ruin every launch of every project that has an initial liquidity.
The Big Picture
The $ROCKET algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Fantom Opera Mainnet. The protocol's underlying mechanism dynamically adjusts $ROCKET's supply, pushing its price up or down relative to the price of $FTM. Inspired by the idea behind the well known project on Fantom Opera Mainnet Tomb Finance, the ROCKET protocol consists of three tokens: ROCKET ($ROCKET), Rocket Share ($SROCKET) and Rocket Bonds ($RBOND).
What differentiates $ROCKET from other algorithmic tokens?
Unlike previous algorithmic tokens, $ROCKET is not pegged to a stable coin— it is instead pegged to $FTM. Following a similar protocol to Tomb. Due to the success of Tomb Finance we have decided to replicate their protocol, for the people who were too late on Tomb and missed out on the biggest rewards, because algorithmic tokens have higher rewards when they are starting out. One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the ROCKET team will maintain a focus on innovation around enhanced functionality and use cases as well as implementing some new functionalities which will drastically benefit long term holders.
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