Rocket NFT Mining
Users who hold Rocket NFTs can participate in mining in the Rocket App, but they need to pledge a corresponding amount of RVT as energy to start mining.
Users who hold Rocket NFTs and have been activated with energy packs can complete daily tasks and participate in mining. After completing the daily tasks, they can get corresponding computing power.
The number of RVTs obtained by each computing power each day = Daily coin production ÷ Total computing power of the entire network.
The total issuance of RVTs is 1 billion, 80% of which will be used for mining output. The mining is divided into five stages, and the monthly growth rate will be halved after each stage.
Stage 1 (Apr 2022): The project is issued for the first time, and a specific amount of tokens will be airdropped, which will be released in batches with conditions.
Stage 2 (Apr 2022 - Mar 2023): The monthly growth in the first year is 10% of the market circulation.
Stage 3 (Apr 2023 - Mar 2025): The monthly increase in the 23 years is 5% of the circulation.
Stage 4 (Apr 2025 - Mar 2028): 2.5% of the circulation in the 4th-5th year.
Stage 5 (Apr 2028 ~): The monthly increase of 1.25% of the circulation at the beginning of the sixth year, until all 800 million tokens have been mined. The daily output of RVT is divided into 3 reward pools (the proportion of reward pools can be adjusted according to market conditions).
Daily task pool, accounting for 60% of daily output.
Creator pool, accounting for 30% of daily output.
Invitation reward pool, accounting for 10% of daily output.
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