Rocket Vault‘s - ‘Vault-as-a -Service’ for Institutions / HNIs

RocketX Exchange
3 min readAug 20, 2021

--

Rocket Vault is excited to announce that we will be launching ‘Vault-as-a-Service’ product targeted to institutions in September, 2021. This will be one of the most unique offerings in the crypto industry and we’re excited to offer this institutions-only service to start with “ETH Vault” that offers Highest APY in the industry.

Highlights:

  • Smart Vault, powered by AI & ML, has outperformed both ETH & BTC most part for the past 2.5+ yrs
**Past performance doesn’t guarantee future results!

Vault-as-a-Service

We’ve been working hard to design, create, and upgrade our product offerings since the launch of our Smart Vault (beta release) in May this year. While the Smart Vault addresses several needs of the average crypto investor, we do recognize that some institutions sized investors would prefer an ‘exclusive’ version of the Smart Vault to operate and trade in their own crypto currency account, utilizing assets that have already been invested in. With these in mind, we’re proud to launch our ‘Vault as a Service’ offering with the following salient features:

  1. Non-custodial: A cloud based, non-custodial vault service with institutions having complete control of their tokens. 100% Safe.
  2. Real time monitoring: Clients can monitor the status of their vault in real time and can stop or exit the vault at any time. 100% Transparent.
  3. Low fees: We plan to charge 2% of the total deposit in Vault that goes towards management fee and 15% of the profit generated on half-yearly basis that goes towards a service fee. The pre-requisite is to leave the assets in Vault for a min. period of 6 months.

Below are the pre-requisites for the institutions to avail the Smart Vault-as-a-Service:

  1. Deposit ETH in their own Binance/KuCoin sub-account and provide API key access without the withdrawal access. Institutions has 100% control of the assets and can stop Vault anytime.
  2. Pre-requiste is to commit to atleast 6 months duration for the ETH in the sub-account with min. $1M worth ETH. We would then use the APIs to run the automated strategies.
  3. VaaS Fees:
  • 2% of the ETH need to be paid upfront in $RVF towards management fee.
  • 15% of the profits need to be paid in $RVF after 6 months
  • 30% of the profits need to be paid in $RVF, if the Vault is interrupted before 6 months

4. RVF staking: A 10% worth of ETH deposit amount need to be staked in RVF tokens for the entire period of 6 months in order to avail the service.

5. RVF token burn: A 20 % of revenue generated will be used to burn RVF tokens from time to time.

Next Steps

While we’re super excited with this new offering, we’re still finalizing some of the finer details and shall keep the community posted on our progress. Stay tuned to our Telegram and Twitter feeds!

About Rocket Vault

Rocket Vault is a one-stop solution to simplify crypto trading & value investing.

It’s Smart Vault is powered by advanced predictive analytics and machine learning to maximize gains and minimize risks. Rocket Vault uses advanced Machine Learning Pattern Recognition techniques to identify tokens with high potential for delivering the highest APY. It also recognises the risky assets and there by avoids them to minimise the loss.

Rocket X helps users to trade ANY token listed on ANY exchange globally without registering with ANY exchange! It is the FIRST exchange to break the boundaries between different chains and support single click Cross-Chain Swaps, while allowing the user to have complete ownership of tokens.

We are adopting a collaborative approach in creating a partner ecosystem to achieve this goal.

Contact details:

Twitter: https://twitter.com/RocketVault_

Telegram: https://t.me/rocketvault

Email: contact@rocketvaults.io

--

--

RocketX Exchange
RocketX Exchange

Written by RocketX Exchange

RocketX Exchange - The Mega Dex for Crypto Swaps. Swap any token, to any chain, ultra-fast, always at the absolute best price. Over 150 chains integrated.

No responses yet