RocketFi on BNB Chain

Introducing RocketFi (ROCKETFI): A New Arrival on the BNB Chain

Welcome to the detailed profile of RocketFi (ROCKETFI), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, RocketFi (ROCKETFI) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about RocketFi (ROCKETFI) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about RocketFi (ROCKETFI) and find answers to some frequently asked questions.

Token description

### What is the Arbitrage Mining Engine? Arbitrage Mining in RocketFi is the process of generating reward streams via its Mining Reward Engine from market activity across RocketFi’s Decentralized Arbitrage Network. RocketFi is the original project that coined the term “Arbitrage Mining,” introducing it as a decentralized way to convert market movement into frictionless rewards. ⸻ How It Works •RocketFi maintains multiple liquidity pairs across major blue-chip assets (BNB, ETH, BTC, etc.) and connects with partner projects through its Arbitrage Network. •When traders or bots move between these LPs to capture price differences, the system collects a small fee from participating trades (usually the larger blue-chip LPs). •RocketFi/partner pairings and RocketFi/Ultra pairings are typically tax-free to incentivize holders and encourage more arbitrage volume through the network. •These collected fees flow into RocketFi’s Mining Reward Engine and are distributed as frictionless reward streams that can be diversified, further enriching your portfolio through its flexible reward system. ### What's next for RocketFi? *RocketFi is transforming its dApp with a full migration to a modern React Vite stack, delivering a faster, smoother experience that supports their vision for a decentralized ecosystem. Here’s what’s changing, why it matters, and what’s next.* RocketFi is committed to building a cutting-edge decentralized finance platform that’s fast, user-friendly, and ready for the future. To support their vision for a fully decentralized ecosystem, including the upcoming DAO and StakeHause projects, they’ve undertaken a complete overhaul of the RocketFi dApp. Moving from an older ReactJS and PrimeReact stack to a modernized React Vite, HeroUI, and Tailwind CSS architecture. This upgrade isn’t just a refresh, it’s a foundational leap toward realizing RocketFi’s ambitious roadmap. This migration is a critical step toward realizing RocketFi’s vision for a decentralized ecosystem. Here’s what’s coming: • StakeHause Integration: The upcoming StakeHause platform will leverage the same React Vite, HeroUI, and Tailwind CSS stack for a cohesive, high-performance ecosystem. • Website and GitBook Updates: The RocketFi website and GitBook are being revamped with improved terminology and a unified design to match the dApp’s new look. • Liquidity Mining Engine: They’re developing a new Liquidity Mining Engine contract to power upgraded Reward Streams. This engine, alongside the DAO and StakeHause, will form the backbone of RocketFi’s liquidity mining rewards system. ### What are Smart Codes? Smart Codes are a blockchain feature within the RocketFi ecosystem, designed to simplify and enhance the way users interact with crypto transactions. These human-readable codes provide an easy and efficient method for sending crypto, earning loyalty points, and more. How Smart Codes Work Smart Codes are unique identifiers attached to your wallet that can be used to initiate various actions within the RocketFi platform. They serve as a bridge between complex blockchain addresses and user-friendly interactions. Using Smart Codes Sending Crypto: Use a Smart Code to send crypto to friends or merchants without needing their full wallet address. Simply enter the Smart Code in the RocketFi dApp, and the transaction is processed seamlessly. Discounts on Swaps: When you use Smart Codes for swap transactions, your fees are automatically adjusted to a discount rate Referrals: Share your Smart Code with others to invite them to the RocketFi platform. When they use your code for transactions, you can earn additional rewards on every swap. ### What is RocketFuel? RocketFuel is a unique feature within the RocketFi ecosystem designed to enhance your earning potential and reward position. It represents a transformation of burned RocketFi tokens into a form of loyalty points that continue to work for you, even after being burned. How to Get RocketFuel To acquire RocketFuel, follow these simple steps: •Visit RocketFi dapp and connect your wallet. •Navigate to the Fuel Zone Dashlet. •Input the number of RocketFi tokens you wish to burn for RocketFuel. •Confirm the transaction. Note: Half of each Burn Play roll is transformed into RocketFuel as well. The Benefits of RocketFuel RocketFuel Rewards: By burning RocketFi tokens for RocketFuel, you earn rewards from each RocketFi trade and BurnPlay action, creating a continuous stream of earnings. Mirror Reward Position: RocketFuel enhances your reward position by acting as if the burned RocketFi tokens are still active, amplifying your rewards. *Note on the Risk of Burning Tokens Burning tokens results in a permanent loss of the token amount selected. It's important to burn responsibly and consider the long-term implications on your holdings. RocketFuel offers a way to derive value from burned tokens, but it's crucial to assess the balance between burning for rewards and maintaining your token balance.