RIDE WITH US
Autonomous yield and liquidity generation protocol. Simply hold ROCKETRIDE in your wallet and you will get more. On each transaction the protocol automatically distributes rewards to holders as well as auto-locks liquidity forever.
ROCKETRIDE is programmed to reward holders while increasing in both liquidity and value.
Static Rewards, LP Acquisition, Manual Burn
A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (liquidity provider) in a farming reward generator. With the explosion of DeFi we have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty damn tempting to jump in. However, almost always the token suffers from the inevitable valuation bubble, which is then followed by the burst and the impending collapse of the price. This Is why we have seen the mass adoption of static rewards, also known as reflection, a separate concept that seeks to eliminate the troubles caused by farming rewards.
Supply and demand for the ROCKETRIDE token, and just how holding $RKR tokens earns you more $RKR!
500,000,000,000 RKR (50%)
90,000,000,000 RKR (9%)
50,000,000,000 RKR RESERVE FOR DAILY MANUAL BURN
MARKETING & BOUNTY WALLET
10,000,000,000 RKR (1%)
PUBLIC LIQUIDITY (RKR/BNB)
400,000,000,000 RKR (40%)
DAILY MANUAL BURN FROM DEV WALLET FOR 100 DAYS
500,000,000 RKR (EARN BURNING TRANSACTION FEE BY HOLDING RKR)
STARTING ON 1ST MAY 2021
ROCKETRIDE employs 3 simple functions: Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 10% fee, which is split 2 ways.
5% fee = redistributed to all existing holders
5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the ROCKETRIDE tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap
MUST Set Slippage to 12-13%
ROCKETRIDE Automatic Liquidity WORKS
Automatic LP is the secret sauce of ROCKETRIDE. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor. Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of ROCKETRIDE as a reward for the holders. In theory, the added LP creates a stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the tokens overall LP and supporting the price floor of the token. This is different from the burn function of other reflection tokens which is only beneficial in the short term from the granted reduction of supply. As the ROCKETRIDE token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function. All of this is an effort to alleviate some of the troubles we have seen with the current DeFi reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons
LP tokens were burned thereby locking initial liquidity away forever. Fair distribution for Holders and DEV team. Active and engaged team, ready to answer any questions.