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RKT Token
RKT token is designed to be a utility token, aimed to reward all our clients and ambassadors through its unique design.
-Redeemable for renting WAX through the RocketCPU platform
-Dynamic rates for renting: ensuring loyal clients will always get the best service and rewards!
Total supply: 1 000 000 tokens
CPU processors: CPU processors are explained in another section of the WP. Processors will mine RKT token and will be sold as a drop. Their mining activities correspond to 40% of the total supply of the token and will have over 2 years of mining activities before the pool gets emptied.
After 2 years, processors will be given a new use case that will be revealed closer to the time of expiry.
Rewards: 30% of the total supply is aimed to reward our customers. You will be eligible to obtain RKT if you are a client of RocketCPU or you form part of our ambassador program. Out of this 30%, 70% will be destined to clients of RocketCPU and 30% will be allocated to members of the ambassador program. These rewards will be carried on 24 hours cycle and will consider the contribution of each user to the project. The bigger you rent, the bigger your reward!
During the early stages of the project, RKT rewards will be proportional to the amount of customers and WAX circulating through our system. This way we avoid early whales obtaining and hoarding massive amounts of RKT that will surely effect the price in the future.
Liquidity pool rewards: Any good token requires a solid LP. We understand this at RocketCPU and that’s why we have allocated 10% of the total supply to reward LP providers of the pair WAX/RKT. Liquidity will also be provided by the RKT team through the sale of the processors and VIP passes.
Initial supply and Marketing: The initial supply of RKT will be airdropped to beta testers and early adopters of our services. RKT will also be obtainable through special events, however there will be more information on this in the future.
Team: 15% of the token are allocated to RocketCPU team, they will be locked in a separate wallet and will be gradually released over a period of 8 months.
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