What is Uprockets.Finance and how you can make money from this?

Ethan
7 min readAug 30, 2022

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Introduction about Uprockets:

UpRockets dot finance is a crypto staking platform that generates high APY (annual percentage yield) for its users. It’s a totally autonomous protocol built on Ethereum blockchain which is decentralised & secure to use. UpRockets has a built-in AI (artificial intelligence) powered trading algorithm that utilizes the staked funds in its treasury to generate this yield by strategically capitalizing on the volatility in the crypto-markets with tight stop loss to limit the risks. UpRockets also has a built-in rebase system that continuously evaluates the cash flows& long-term staked positions of the users to adjust its APY.

Useful links:

Website: https://uprockets.finance/

Facebook page: https://www.facebook.com/uprocketsdapp/

Facebook Community Group: https://www.facebook.com/groups/uprockets Twitter: https://twitter.com/uprocketsdapp Instagram: https://www.instagram.com/uprocketsdotfinance/

As a programmer, with a lot of experience in different technological companies, I reviewed all its open source code and audited and found no miscommunication by the creator of Uprockets.

Key Features:

STAKE YOUR CRYPTO
& EARN EVERY SECOND.

UpRockets has been built to help holders earn passive income safely without selling their crypto assets. Track your profit every second.

  • Flexible lockup periods
  • No Withdrawal Limits
  • No hidden fees or taxes
  • Withdraw anytime

Highest APY Across
All Platforms

Smart funds management system is designed to analyse the protocols cash flows & multiple trading indicators to generate highest possible yield with minimum risk which is sustainable to make sure that staking rewards stay lucrative enough to attract smart-money.

Protected Infrastructure

UpRockets smart contracts are audited by reputed audit firms & battle-tested with military-grade 256-bit encryption to make sure that users can safely connect, deposit and access their funds safely while earning staking rewards with peace of mind.

$200M Insured Custodian

UpRockets Dao plans to propose the community vote to seek extra protection by partnering with Bitgo or ledger vault for digital assets held by the protocol as collectively they both carry over $200M insurance protection via the most prestigious underwriters.

FAQS

What is UpRockets dot Finance & How does it work?

UpRockets dot finance is a crypto staking platform which generates high APY (annual percentage yield) for its users. It’s a totally autonomous protocol built on ethereum blockchain which is decentralised & secure to use. UpRockets has a built-in AI (artificial intelligence) powered trading algorithm that utilises the staked funds in its treasury to generate this yield by strategically capitalising on the volatility in the crypto-markets with tight stop loss to limit the risks.

How much money can i make by staking my crypto into UpRockets?

UpRockets can generate up to 10K % APY that’s actually 10X of your initial stake amount if you lock-in your crypto for at least 1 year but for the shorter staking periods the APY gets reduced. You can see the current staking packages & APYs using the calculator here. just put in your desired amount & # of days & it will show you the estimated return.

Are these High APY returns actually sustainable in the long-term?

UpRockets has a built-in rebase system that continuously evaluates the cash-flows & long-term investment positions of the users including

  1. Total Deposits over the last 30 days
  2. Average staking period
  3. Total Withdrawals over the last 30 days

These factors combined with the average market volatility index of the last 7-days determine the APYs !

  1. More deposits means more funds for UpRockets to generators more profits → High APY
  2. More volatility in the markets means more opportunities to make big gains → High APY
  3. Longer staking periods give UpRockets high liquidity to safely generate high returns → High APY
  4. Withdrawals remove liquidity hence if they are continuously higher than total inflows for 7-consecutive days the UpRockets protocol will decrease the APY automatically.

How can i get started with UpRockets?

  1. UpRockets is a crypto-staking platform so you need crypto to stake. Currently, it supports USDT(TETHER) or ETH(ETHEREUM) only. You can buy crypto from coinbase or directly via metamask using your bank or card depending upon your country.
  2. After purchasing crypto, simply connect your crypto wallet(s) i.e. Coinbase or Metamask with https://app.uprockets.finance/
  3. The next step is to deposit your funds into UpRockets wallet simply by just clicking the “Deposit” button there you will select coin, amount and hit “Pay button” that will trigger your crypto wallet & ask you to confirm that transaction. After hitting “confirm” you wait on the screen unless it refreshes itself (Don’t close the tab) let the transaction go through.
  • Sometimes, metamask shows huge transaction fees for making a transaction therefore if the fees are $50+ you can opt for a direct deposit. For that, just connect your wallet with UpRockets once at least so your account is created and then from the same address that you connected your wallet with, make a direct transfer to this Ethereum address “uprockets.eth”
  1. Once you have the money into your UpRockets wallet you can choose the staking mission & stake your crypto with just a click of a button.

What’s the minimum & maximum amount that I can deposit into UpRockets?

Minimum $500 Tether (USDT) or $500 worth of Ethereum (ETH) and there is no max limit.

What’s the minimum & maximum amount that I can stake into UpRockets?

Minimum $500 Tether (USDT) & maximum $2000 while for Ethereum (ETH) the minimum is 1 ETH & maximum is 10 ETH. However you can choose and run multiple staking missions at once. For example if you want to stake 20 ETH you can choose 2 stakings of 10 ETH each.

What is UpRockets DAO?

UpRocketsDAO is the next step in the evolution of UpRockets that will make it completely community owned crypto project. The governance structure of UpRocketsDao is still under development which will run on $UPR token. $UPR token will be airdropped on the active UpRockets users with respect to their proportion of stakings balance. Users will be able to stake $UPR, token, trade it or use it to vote on the direction of UpRockets.

What guarantees the security of my money?

UpRockets is built on Ethereum which is the most used & secure blockchain in the world so all the funds staked into UpRockets are 100% safe & there’s no risk of hacking or theft. Also the UpRockets smart-contracts are fully audited by an independent third-party as well.

Is there any chance of losses with UpRockets?

No, UpRockets is designed to continuously rebase its APYs to ensure indefinite sustainability & all the trades done by its artificial trading engine use a tight stop-loss strategy to avoid any significant losses to the UpRocket’s Treasury.

What security measures are there in place since we give up custody of our eth?

UpRockets is non-custodial protocol it doesn’t hold users funds because they are always invested somewhere that’s why withdrawals are not instant but on-demand

Do i need to refer someone to make money with UpRockets?

No, It’s totally passive income but referring others is highly rewarding.

How much referral commission will I earn?

UpRockets pays around 10% referral commission for every-deposit that your referrals make.

Can I earn referral commission as a FREE member too?

Yes, UpRockets provides this opportunity to make money with its referral system even if you are not a user.

How can I refer someone?

You can find your referral link into your UpRockets wallet. Anyone who will connect their wallet with UpRockets using your referral link will become your referral & Or you can simply ask your referral to put your ETH address in their profile page where it says “Your sponsor’s ETH address” and hit save.

Can I refer myself?

Yes you can create two accounts for yourself but don’t cross-refer for example creating 2 accounts and referring each other. The system will flag this as fraudulent activity & ban both account for 180 days. During the ban period all of your active stakings will run as they were because the money won’t leave the system its still yours & it will sit in your account during the ban period. After your ban period is over you can’t re-stake or do anything but only withdraw all of your money.

How much time does it take to withdraw my money from UpRockets?

UpRockets is a non-custodial protocol which means it holds minimal balance in its treasury while most of the money is always invested to generate income so when a user requests a withdrawal it triggers a notification and protocol is bound to process the withdrawal within 24 hr to 72 hr.

Is there any Withdrawal fee?

Yes, UpRockets charges a hefty 20% withdrawal fee or (Protocol’s share) on every withdrawal that user has requested. It’s the only source of income for developers to keep building new features and get paid.

Why is the withdrawal fee so high? Is there any way to avoid it?

The Withdrawal fee is kept on par with the referral reward in order to protect the system from bad actors who can abuse it by making their own second account, get 25% referral commission and immediately try to withdraw it. But the good news is that there is a “Transfer feature” built in which helps users transfer their funds to other users for free. It can help you onboard your friends quickly as you will just send them crypto from your account and take hard-cash in return.

Is there any minimum or maximum withdrawal amount requirement?

The minimum withdrawal amount requirement is $500 & there is no limit on maximum.

Are there any hidden charges or fees, taxes etc?

No, there are no hidden fees or BS.

I could not find the answer to my Question, who can i reach out for help?

The UpRockets Facebook community has your back, you are welcome to join the group & ask your questions there.

My Personal testimonial:

I started Uprockets.finance in Feb 2022 with 10 ETH and Till now I have 20 ETH in my wallet and I have withdrawn my initial investment from this project.

I have a team of 40 people who are actively making passive income from UpRockets and there is no delay from UpRockets.finance protocol.

I have a goal to make a million dollars from UpRockets, For this, I’m staking 50ETH in Uprockets, and Hopefully, this massive opportunity will give me a life-changing click.

Hope you enjoyed my honest review. One thing I must say about UpRockets is a platform that I didn’t see before, true, transparent, decentralized, no need of referring but If you refer you get the reward.

Best wishes to all of you.

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Ethan

Building something new. experienced programmer, researcher, ex-Facebook employee. Live in Palo Alto, California, United States