Rocket Bunny -> $RBX Swap Info and FAQs

As many of you know, I’ve helped a lot of projects upgrade their tokenomics by swapping out their existing tokens for shiny new ones. Typically with the process the tokenomics are improved and the code is given a good cleanup. Sometimes the code is rewritten from scratch, sometimes not. Either way, the outcome is extremely positive: a fresh look, a solid jump in price, and an easier time promoting their project.

Despite doing this for others, I’ve always hesitated to do it for us. Rocket Bunny and its sister token, Pocket Bomb, was the first ever to offer its tokenomics and utility, and has a special place in our hearts. Yet as in all things in life, one must evolve and improve in order to grow fruitfully. That fruitful growth is now here, and its future is exciting beyond belief.

Being completely honest here, It took me about a month or two to finally come to grips with this, but the decision was finally made. With much sorrow, we decided to retire the Rocket Bunny and Pocket Bomb name entirely…

…and introduce the initial step to the future of the project: RBX!

RBX is the unified cross-chain token upgrade we’ve been needing for a while, and it’s finally here. As of now, Rocket Bunny holders can swap their BUNNY tokens to RBX using our rocket drop interface located here: (REDACTED).

Update: The RBX late swap is open until ~Nov 28 2021 at this link: (https://launch.rbx.ae/lateswap) Holders over 10T are whitelisted automatically, if you hold less than 10T, please join our telegram for us to manually whitelist you: (https://t.me/RBXToken)

Simply open the link (Using MetaMask browser on mobile), connect wallet, approve, and swap! If you hold PBOM, just sit tight for now, as your RBX will be airdropped to your wallets upon completion of the BUNNY to RBX swap.

Here’s what RBX brings that our previous tokens didn’t:

No transaction fees. Just one simple 2% funding fee on DEX sells.

  • This means you can freely distribute, stake, store, and use your RBX tokens without penalty.
  • No transactions on purchases.

Special governance rights

  • Each token can be used to cast a vote in future governance, or can be delegated to others.
  • More details will be released as this placeholder functionality develops further

Automated holder credit/reputation attribution

  • Every 24 hours, the token takes a snapshot of holder balances and existing supply.
  • While this information is already on the blockchain, this new functionality lets us easily access said information and use it for future products.
  • Examples include: seniority-based staking rewards (hold longer, get higher APY), special rewards based on holding times, special credit lending based on token balance history, etc.

Cross-chain 1:1 bridging.

  • This means you can move your RBX from one chain to another without having to wrap, swap, and bridge your tokens just to take advantage of a little arbitrage.
  • It also means that you are able to easily and effortlessly use released products across different chains.
  • i.e. Tired of paying high gas fees? Stake on Arbitrum, Matic, or BSC

Built-in project funding without price effects

  • The 2% sell fee is immediately liquidated and sent to the RBX development and marketing wallet to fund further growth.
  • This liquidation is DEX and pair agnostic: whether the sell happens on a USDC pairing or a LINK pair on Sushiswap, the mechanism works effortlessly and transparently.
  • Because this happens immediately, the team no longer has to pay vendors in tokens that are eventually dumped onto the market.

Multi-admin access roles

  • Several roles can be defined that can interact with admin functions in the contract.
  • This allows RBX to be managed securely by multiple team members without affecting the overall security of the system.
  • Critical functions are still reserved only for the main administrator, thereby insulating holders from “risk of rogues”

That’s but a handful of great things that our new RBX token let’s us do!

I do also know that there have been several questions as to why or how we are going about this swap. Especially how it will affect existing BUNNY and PBOM holders. Here is the best list of Q&A we could come up with so far, which will be updated periodically as more questions come to light.

#DeFi #BSC #blockchain #cryptocurrency #Crypto #ValentinesDay #crosstrading

BTT Username: Koruptor+62

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=3398616

Telegram Username: @Koruptor62

Wallet: 0xfae742D7059856F54649B8eACbE0486F4c027119


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