Binance Smart Chain-powered Launchpad for on-chain token pools, giving projects the possibility to raise capital in a decentralized and secure way on BSC.
The current issues about ETH DeFi ecosystem and what BSC is trying to accomplish.
In the last few months the Binance Smart Chain ecosystem has seen exponential growth, this is due to the low commissions and the extreme rapidity of the transactions. This has resulted in the migration of both developers and retail investors from the ETH DeFi ecosystem to the lower-cost and at the same time more powerful option: BSC.
Exorbitant gas fees have nearly caused new project launches to stall and existing projects to lose user engagement — staking, claiming, and normal trades are costing ETH users hundreds of dollars in transaction fees.
The Binance Smart Chain is currently seeing transaction volume per day higher than Ethereum. Currently, ETH is performing approximately 1,200,000 transactions per day whereas the Binance Smart Chain is performing over 1,660,000 transactions per day, up from only 300,000 in early January. The total value locked on BSC has increased from 1.3B USD to 5.7B USD in under 10 days.
Rocketpad introduction
This is one of the most popular ways developers scam users of their funds. To protect investors’ funds, and to save legitimate projects from unnecessary hurdles of presales, Rocketpad offers a safe ecosystem where the communities of projects are in total control of the presale processes. DeFi means developers can set their terms, whether favorable or not to the users. Although, reputable DeFi protocols are majorly user-centric. So many bad actors are taking advantage of the liberty and permissionless nature of DeFi to scam users of their funds. There have been series of “rug pulls”, as popularly known in Defi communities. Not a few developers have been known to abscond with funds contributed by end-users during presales and ICOs
Our Vision
Our aim is to enable a secure community-governed permissionless platform, and $RPAD token will play a central role. In fact, a lot of already-existing launchpads have an old bureaucratic system to determine the project which will be launched on their platform.
Security
The Rocketpad smart contract offers presale on a different level featuring the first-of-its-kind smart functions on Binance Smart Chain, creating an advance and secure network for presale participants and as well ensuring a sustainable ecosystem for token holders to be in charge of the sales.
Sustainable Liquidity
Rocketpad smart contract ensures initial token liquidity is made available and joinable by selected token holders on the platform. This feature ensures investors need not worry about liquidity provision as all projects interacting with our Launchpad smart contract have to ensure there is provision for initial liquidity to carry out an auction.
Economical Service Fee
Compared to other platforms, Rocketpad charges only a minute percentage of 1% of the total funds contributed as a service fee while also performing other functions to ensure a free and fair auction amongst contributors. Developers can specify the minimum and maximum amount they expect to be contributed by token holders, therefore giving room for various participants to participate in their various capacities on the Rocketpad platform.
$RPAD token introduction
To operate in our launchpad, staking and vote on governance proposals we are launching $RPAD, a BEP20 token that users will need to hold to be eligible to participate in presale pools.
$RPAD token will play an important role in our platform for a lot of reasons.
Follow us:
Website: https://Rocketpad.live
Twitter: https://twitter.com/Rocketpad1
Telegram group: https://t.me/rocketpadz
Telegram channel: https://t.me/R0cketpadz
