Rise Protocol
I Want Talk about new project - Rise Protocol
Decentralized Finance or commonly known as DeFi has become a hot topic in the blockchain world. Basically, DeFi is a system that aims to provide open and transparent financial services. Interestingly, DeFi offers an advantage whereby individuals and institutions can take advantage of broader access to financial applications without the need for third party intermediaries.
The world's most advanced synthetic rebase token, Rise Protocol combines revolutionary features and tokens with the best and latest in decentralized finance (DeFi) technology. The smart contract has passed audits by CTDSec (professional audit firm) and Shappy of WarOnRugs.
What is Rise Protocol?
The world's most advanced synthetic rebase token, Rise Protocol combines revolutionary tokens and features with the best and the latest in decentralized finance (DeFi) technology. The smart contracts have been audited through (professional audit firm) and Shappy of WarOnRugs.
How the Rise Protocol works
If the RISE price is higher than the fixed price at 20:00 UTC, the total supply of RISE will increase and everyone will automatically receive more RISE tokens in their e-wallet. If the RISE price is 5% lower than the closing price for three consecutive days at 20:00 UTC, the total supply of RISE will decrease.
Rise Protocol Privileges:
- Token Rebase
- Token Rebase was originally pegged to Ethereum with a strong "Supermassive Black Hole" deflation mechanism.
- Dynamic Pegs
- Fully adaptable to changing market and investor behavior, the stake can be changed to any asset or asset class (BTC, DOT, LINK, USDC, etc.) in the future. This will be controlled through the government.
- Frictionless Results
- 2% of each transaction (except purchases) is distributed instantly and automatically to all Rise holders. You will see your wallet balance increase with every transaction!
- Automatic Liquidity Producer
- 1% of each sale is permanently locked in liquidity, which means liquidity and an ever-increasing sales floor
- Liquidity Provider Rewards
- 1% of each sale is automatically distributed to our liquidity providers as a reward. If you provide liquidity, your Uniswap LP tokens will automatically increase in value over time.
How did Rise solve this problem on DeFi?
Continuous:
- The unique strong “Supermassive Black Hole” deflation concept that identifies and measures the token through a variety of different methods. Effects scale exponentially over time.
- Automatic generation of liquidity that organizes each transaction into liquidity, creating a growing sales floor.
- Initial rebase lag of 5. This means that if the RISE price when the discount exceeds 100% of the target price, then we will receive a discount of 20% (100% divided by 5).
- “Supply Adjustment” which will increase the price, lowering the bid if the market price is below 5% of the target price for 3 consecutive days during the rebase time.
The first time:
- Increments have the revolutionary ability to define assets, calculated metrics, or asset classes. Originally pegged to Ethereum for its importance in DeFi and to understand understanding, this peg is changed in the future through governance based on investor / market sentiment.
- Smart contracts are coded so that each parameter can be beat in the future with governance. Things like sales taxes, transaction taxes, reporting systems, imbalances, payment errors, payments, etc. All of them have the ability to be invincible. This gives RISE the ability to continually adapt and change based on market conditions.
Fair:
- The pre-sale price is 0.01 ETH, the same as the price prevailing at Uniswap.
- Early investors earn Rise at 10% below price. However, 80% will be given for 1 month.
- Smart contract feature that allows us to activate Uniswap trading once liquidity is added and pre-sale tokens are linked. This will give everyone their fair share of play once trading starts.
- Maximum transaction size of 500 Up for the first hour after Uniswap trading is activated, preventing sniping bots and creating a fair environment for regular traders / investors.
- Sales and purchase taxes help prevent coordinated price manipulation. A portion of this tax instantly passes through the frictionless proceeds to all holders of ownership.
Safe:
- Rise's contracts have been audited by CTDSec (a professional smart contract auditing firm) and by Shappy of WarOnRugs (a highly respected community owner whose goal is to prevent rug pulling and crypto fraud).
- No need to transfer your tokens to the contract address at stake to earn rewards! Frictionless results allow you to store tokens in your own wallet to the maximum. You can see your balance with each transaction.
- If you choose to provide liquidity, you will be rewarded through the automatic distribution of rewards. Again, there's no need to send your LP tokens to a separate betting contract, just hold your LP tokens in your own wallet and the status increases over time.
- Liquidity provided by the initial team will be locked before Uniswap trading is activated.
Why does the market need Rise Protocol?
The Rise Protocol is the world's most advanced token rebase through adaptable governance and dynamically pegged to any asset class depending on investors and market sentiment, enabling a level of flexibility and adaptability never before seen in any rebase token.
The daily rebase occurs when the token price is above the stake, which means the holder will automatically receive more tokens in their wallet. There is a strong deflationary mechanism to maintain the value of the Increment to the stake, but if after 3 days there is no positive ratio, and it is not within 5% of the stake, then a supply adjustment occurs to automatically return the price to the peg.
The frictionless yield technology is also embedded in the Rise Protocol, which means that simply by holding the Rise token in your wallet, the holder will receive an additional token as a percentage of each buy and sell transaction redistributed to the holder.
What is the Rise Protocol fee structure?
There is a 7% fee on all sales. This is broken down into the following:
- 3%: sent to the black hole, burned and destroyed forever.
- 1.5%: permanently locked in liquidity.
- 1.5%: distributed automatically to liquidity providers.
- 1%: distributed automatically through frictionless yields to all holders.
There is a 3% fee on all purchases. This is broken down into the following:
- 1%: sent to the black hole, burned and destroyed forever.
- 0.5%: permanently locked in liquidity.
- 0.5%: distributed automatically to liquidity providers.
- 1%: distributed automatically through frictionless yields to all holders.
Token sale details
Rise Protocol is the world's most advanced token rebase. During the presale period, we are offering 1 RISE token at 0.01 ETH. A total of 37,500 RISEs are available for pre-sale. The minimum contribution per wallet is 0.5 ETH, the maximum contribution per wallet is 4 ETH. Please sign up for the whitelist as this will guarantee you an allocation in the pre-sale. The remaining RISE tokens from the whitelist presale, if any, will be offered in an open public presale 1 hour later.
Token sale details:
- Hard cap: 375 ETH
- Total number of presales: 37,500 RISE
- Initial total supply: 100,000 RISE
- White List Presale Begins: February 7. 2021, 20:00 UTC
- Whitelist Presale Expires: February 7, 2021, 21:00 UTC
- General Presale Begins: February 7, 2021, 22:00 UTC
Ascending Protocol Roadmap
- ideas and concepts
- November 2020 - the project idea is born. Plans are drawn up and smart contracts are drawn up.
- Beta testing
- December 2020 - Extensive testing on the Ropsten testnet to ensure everything down to the smallest detail works as designed.
- Presale tokens
- January 2021 - Seed investor sales are followed by pre-sales in February 2021 with bids increasing by 37500.
- Code audits and go live
- February 2021 - Professional code audit and launch of Rise Protocol at Uniswap.
- Q2 improvement
- K2 2021 - New partnership announced to make additional transactions, generating more tokens for Rise holders, taking advantage of frictionless results. Launch of the governance platform.
- Q3 improvement
- Q3 2021 - Implement Chainlink Price Oracles to further enhance the adaptability and dynamic function of the pegs. Further improve the rebase dashboard to attract additional bait.
- Rise of the Protocol Team
- Shuaps - Technical Leadership, Project Management & Strategy
- PBL00 - Branding, Strategy & Development
- Jamie - Development, Audit & Strategy
- Andy - Website, Social Media & Community Manager
- Radinho - Website, Social Media & Community Manager
- CJ - Marketing
- CryptKeep3r - Website, Social Media & Community Manager
Partners
Official Resources:
Website: https://riseprotocol.io
Litepaper: https://riseprotocol.io/rise_litepaper
Telegram: https://t.me/RiseProtocolOfficial
Twitter: https://twitter.com/RiseProtocol
Media: https://medium.com/@riseprotocolofficial
Reddit: https://www.reddit.com/user/riseprotocolofficial
Author
Username : Salome16
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2322524
ETH : 0x42569650503be2c84322e208c3bb616f1c42a4e1
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