RocketDoge promises to be a coin that brings a lot of value in the future. Along with potential and clear development directions, it will bring many significant benefits.
This meme token has now transformed into a decentralized ecosystem. As predicted, this is going to be the DogeCoin killer in the future. With more purpose and technical capability than Dogecoin, RocketDoge promises to bring a lot of profits & will become one of the top decentralized exchanges of the world.
"Doge barking at the moon", US billionaire Elon Musk posted a status line with a painting of the same name by artist Joan Miro on Twitter on April 16. The tweet caused the price of Dogecoin to increase by more than 100% in just one day, reaching an all-time high, one Dogecoin for approximately 0.3 USD.
We can see how Elon Musk has brought the value of this meme Coin up in the past year, with just one status line, as well as accompanying comments on the future of this cryptocurrency.
With what has happened in the past and expected in the future, RocketDoge aims to get similar success and become a favorite cryptocurrency for all billionaires in the world, expressed in their tagline - “RocketDoge - Rocket To The Moon”.
Regarding technical purposes, RocketDoge can completely become a decentralized exchange platform (DeFi) and eliminating weaknesses and inheriting strong points from such platforms as uniswap, pancakeswap, bakeryswap.…
How does it work?
RocketDoge is a decentralized exchange that runs on Binance Smart Chain. It works on the automated market maker (AMM) model instead of the traditional market model, in which there is a seller and a buyer. In the AMM model, traders trade digital assets using permissionless liquidity pools.
People deposit their funds in these liquidity pools. They receive an LP (liquidity provider) token in return. They also receive a fee for making their assets available for lending.
Liquidity Provider receives an amount of 3% when others contribute. RocketDoge has no rewards program but receives contributions from the ecosystem. On the other side, people who want to use this liquidity pay a fee to the DeFi platform.
This fee is later distributed among people who have contributed to the pool. Out of this pool, a nominal amount is kept in the RocketDoge treasury to maintain the platform.
The AMM model lets you earn by creating liquidity for the pool. The more you contribute, the more you get in return. You can trade LP tokens for profits. In addition, they can be farmed in another type of liquidity pool to earn RocketDoge’s native BEP-20 tokens known as ROCKETDOGE. People can stake their tokens to earn even more rewards from the liquidity pools.
What can you do?
The first thing you need to do on the RocketDoge platform is to add liquidity to the pool. People invest in the liquidity pools and collect a fee and $ROCKETDOGE in exchange. These are all BEP-20 standard tokens. Investors use these tokens in various ways to earn profits on the RocketDoge.
Trading: It supports trading in BEP-20 tokens. It is very similar to crypto trading.
Farming: The LP token rewards earned previously can be farmed in the RocketDoge platform, which provides a way to collect its own governance coin called RocketDoge.
Staking: You can stake RocketDoge coins in the liquidity pools to earn even more rewards. Once you decide to cash in the rewards, you have to harvest the crop. You end up locking in your investment for a fixed time. Staking is a lot simpler for beginners, as you don’t need to do everything on your own. Once you have staked your ROCKETDOGE, you can relax and earn a passive income.
RocketDoge operates on the Binance Smart Chain (BSC) platforms. Make transactions faster and cheap. It will offer decentralized finance services with much lower transaction costs and faster transaction speeds. In addition, RocketDoge Swap Function is through Liquidity Pool.
The advantage of using liquidity pools is that it does not require a buyer and a seller to decide to exchange two assets for a given price, and instead leverages a pre-funded liquidity pool. This allows for trades to happen with limited slippage even for the most illiquid trading pairs, as long as there is a big enough liquidity pool.
Staking program is applied for Staking holders of $ROCKETDOGE & other tokens in the ecosystem like $WEDOGE, $SUPERDOGE. At RocketDoge, you can receive an interest of more than 200% APY for staking the ecosystem tokens & other BEP-20 tokens. The staking interest and capital can be withdrawn at the discretion of the client.
Moreover, the RocketDoge platform is a completely upgraded version of the rest of the platforms, it has its advantages, and eliminates unnecessary disadvantages. This will make users feel like they have found a project that really has strong growth potential, which results in the long-term value of its token RocketDoge. In addition, RocketDoge holders also earn compound profit when the price increases in the future.
RocketDoge is the BEP-20 standard native RocketDoge token. RocketDoge generates $ROCKETDOGE to reward people who contribute to the liquidity pools through various methods. $ROCKETDOGE can either be further pooled into Liquidity Pools or traded on the exchange.
? Token sale on RocketDoge:
? Whitelist form (Seed round) : Click here for registration
? Seed round: 1000 MEMBERS ONLY. LIMITED TIME. HURRY UP!
8 Sep 2021 ~ 15 Sep 2021
Min 500 BUSD ~ Max 5,000 BUSD
? Pre-sale :
16 Sep 2021 ~ 15 Oct 2021
? Public Sale Round 1 :
16 Oct 2021 ~ 15 Nov 2021
? Public Sale Round 2 :
16 Nov 2021 ~ 15 Dec 2021
Unlock on : December 16, 2021
? Token sale Direct Referral Bonus: 10%
? Market price: ~$0.0000001+
Besides, RocketDoge has an Airdrops Program up to 10 Trillion $ROCKETDOGE (~$1,000,000) via https://t.me/rocketdoge_airdrop_bot
- Reward: 250 Million ROCKETDOGE (~$25)
- Referral : 100 Million ROCKETDOGE (~$10)
In conclusion, RocketDoge inherits the same beginnings as DogeCoin, but with a professional staff, as well as pre-defined directions, it is expected to be a potential project in the future, and have a chance to achieve the same achievements as DogeCoin. It will be a profitable opportunity for investors, as well as for Liquidity Providers in the future.
Telegram channel: https://t.me/rocketdoge_globalchannel
Telegram group: https://t.me/rocketdoge_globalchat
RocketDoge contract address : 0x2270528dd9c3aa19906c501aDb279bF88292fA1f
Disclaimer: This is a paid post and should not be treated as news/advice.
The post RocketDoge: Transforming a meme token into a decentralized ecosystem appeared first on AMBCrypto.
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