Rocket Vault Monthly Report -June 2021
Summary
June was another exciting month for Rocket Vault. Our Rocket Vault users staked over 4 million RVF tokens, we interacted with our community, brought in some new features and are on the verge of announcing two more exciting products from the house of Rocket Vault — all against the backdrop of a volatile, roller coaster of a crypto currency market! Here’s a snapshot of our activities for June 2021.
Smart Vault updates
RVF Staking
We increased staking rewards for our Rocket Vault users — Starting June 15, the RVF staking APY was raised from 24% to 36%. This attractive APY rate saw another increase in RVF staking numbers and as of the time of writing this article, there is around 4.7 million RVF tokens staked- a huge milestone given the fact that we only launched our public beta in May!
New Payout Option
On June 27, we introduced a new payout feature “Claim rewards and rollover deposit only”. Our Telegram community had asked for this and we listened and delivered!
Minimum Deposit
In light of the volatile market conditions, we lowered the minimum deposit to our USDT vault from 5000 USDT to 1000 USDT. This reduced the entry barrier to several investors and made it possible for more Rocket Vault users to start investing in the USDT vault.
Partnerships
- Goinfluencer: Our partnership with Goinfluencer saw Rocket Vault becoming one of the early adopters of the project and would enable us to double up our efforts on marketing and reach out to our target audience via influencer marketing.
Community
We continued our Ask Me Anything (AMA) sessions in June. We had AMA sessions with Decentralized Club, CryptoTitans. We responded to several feature requests on our Telegram Group and are always receptive to comments, compliments and criticism. We are very proud to have an active and vibrant community!
What’s Next?
We’re working on a couple of new products that will add even more value to the Rocket Vault ecosystem and of course, to the RVF token. Stay tuned for more updates!
In these unprecedented times of market volatility, we thank our community for believing in our product and urge all Rocket Vault users and investors to “Keep Calm and HODL On”!
