FerrumNetwork
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FerrumNetwork

Announcing the Next Cross-Chain Token Bridge Listing — Rocket Vault

Ferrum Network is proud to announce that Rocket Vault’s RVF will be among the first tokens to list on the Ferrum Cross Chain Token Bridge and the VERY FIRST Ferrum Advisory Services incubated project to do so.

Dear Ferrum Community,

We are unbelievably excited to announce the VERY FIRST Ferrum Advisory Services project to list on the Ferrum Cross Chain Token Bridge — Rocket Vault!

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 losses. Rocket Vault uses advanced Machine Learning Pattern Recognition techniques to identify tokens with high potential for delivering the highest APY.

Rocket X helps users to trade ANY token listed on ANY exchange globally without the need to have multiple accounts with multiple exchanges! It is the first exchange that provides access to the global liquidity from all the CEX and DEX and supports Cross-Chain swaps with just a click of a button, while allowing the user to have complete control of tokens.

The VERY FIRST FAS Incubated Project to List on the Ferrum Cross Chain Token Bridge

It’s an absolute honor to have one of our own FAS incubated projects, Rocket Vault as one of our first bridge listings. This team is one of the hardest working teams in the space and we are so happy to be a part of their new deflationary cross chain mission!

Ferrum was the first Staking as a service provider. We came out with the first Anti-Bot solution. We have the first truly Cross-Chain Token Bridge as a service. Working for Ferrum is my first job in Crypto. Rocket Vault is our first FAS project to list on our Token Bridge. My first interaction with a project in my official position with Ferrum was with… you guessed it. Rocket Vault! I couldn’t be more excited to have RVF as one of the first tokens listed on our Token Bridge. Here’s looking forward to many more firsts in the industry for many years to come!

Kurt Saward — Product and Service Consultant at Ferrum Network

Bridging RVF Through Ferrum’s Cross Chain Token Bridge

With the emergence of cross chain interoperability, bridging has become an increasingly necessary component for all projects who choose to become compatible across multiple chains. Until now, there hasn’t been bridging solution that allows projects to generate revenue or token utility.

For Rocket Vault, starting next week, when RVF holders bridge tokens, both Ferrum and Rocket Vault will generate fees that are paid in Rocket Vault’s native RVF token! Their team will now have the option to choose what to do with these tokens. In the case of Rocket Vault, not only does this integration mark the dawn of Rocket Vault going live on Polygon, it also marks the beginning of RVF becoming a deflationary asset. Rocket Vault will be burning 100% of the RVF that they generate through the bridge fees!

“We are excited to be partnering with Ferrum to use their token bridge solution. It is a much needed solution given the rise in the number of chains and it helps users with a 1-stop solution for moving tokens across chains. With RocketX combined with Ferrum Token Bridge, it gives users the much needed flexibility to use RVF in ANY chain and trade tokens on ANY exchange without registering with ANY exchange”.

Kiran Mannam — Founder and CEO of Rocket Vault

Projects like Rocket Vault Can Customize the Bridge to Fit Their Needs

One of the most enticing features to utilizing the Ferrum Cross Chain Token Bridge is that a project has the ability to customize the fees that are charged to token holders for bridging their assets. There is a 2% flat fee for listing on Ferrum’s bridge yet projects can choose to charge more for their asset specifically.

While RVF is listing on Ferrum’s native version of the bridge, projects can also choose a white label solution. This would mean that the bridge would reside on the project’s web page and would be presented to their community in a way that represents the branding of that project. Any project who chooses to deploy the white label solution will also be listed on Ferrum’s bridge.

Stay tuned!

Very truly yours,

The Ferrum Network Team

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