Rise Protocol Review
Intro
Trading goods under Blockchain technology for services is something natural, money has become a sort of ease in the industry to exchange with goods and companies rose up to arrange the circulating currency.
Blockchain technology is becoming more important so exchange services are becoming more available. RISE protocol has been created to culminate the era fully capable of immobilizing any sort of asset.
Rise Protocol- what is it?
A decentralized synthetic rebase asset is what the Rise Protocol is, with top-tier financial tools in-built providing a hedge against any sort of asset class in crypto. Ethereum with a starting stake has been chosen for its vitality in Defi due to it being more in tune with investors buying RISE using ETH.
Rise Protocol is the most progressive supply device with elasticity as a bonus. Pegged to 0.01 ETH initially, it is apt of adapting while be pegged in a very dynamic way to all classes of asset.
Rise Protocol Features:
Rebase of Token
If the price of RISE goes past the benchmark, supply will increment with every trader given additional RISE tokens. In the opposite case, when the price should reach below 5% for three days in a row, its supply will decrease.
Dynamic pegs
RISE carries the aptitude of pegging assets with an initial 0.02 ETH pegging. Its asset class is the basis of sentiments on the investor or market.
Results bereft of friction
Liquidity is generated automatically.
In liquidity has been locked a portion of each transaction.
Rewards of liquidity providers are distributed automatically.
The liquidity providers receive a portion of each transaction.
Supermassive Black Hole
To contribute a rigid deflationary effect, the combustion address which is visible publicly generated through various mechanisms is scaled expandingly.
Sustainable, Adaptable, Fair, and Secure are the values that Rise Protocol goes by.
Rise’s contribution to the resolution of the issues in DeFi:
Sustainable:
The revolutionary “Supermassive Black Hole” deflationary prospect accrues then has the tokens burnt in distinguishable ways. A portion is locked into liquidity, having the sales increase even more.
Adaptable:
Rise has made a breakthrough by being able to have any asset, asset class or calculated metric pegged. Pegged to Ethereum, it can be modified in future. Each and every parameter has the aptitude of being adjusted due to the accordingly coded smart contract.
Fair:
The uniqueness of the smart contract gives the permission of trading Uniswap even after the appendment of liquidity and distribution of presale tokens. This gives a fair trading ground when transactions are made. Rise prevents bot sniping and coordinated price manipulation as well.
Secure:
Audits have been passed by CTDSec and by Shappy from WarOnRugs for its contract to prevent scams. If you provide liquidity, liquidity rewards will be distributed as well.
The problem Rise Protocol is solving
Rise is capable of being pegged into an asset, boasting versatility and adaptability. It also ensures sustainability along with the other mechanisms used to deflate.
Why Rise Protocol is vital in the market
Rise is by far the most adaptable and progressive rebase token with its dynamic pegging, reaching unleveled flexibility. With powerful deflationary mechanisms to keep the value of Rise in its limit and if it inflates within 3 days the price will be brought back to its peg.
How Rise Protocol works
Buy and sell transaction keeps off a percentage, i.e extra tokens which is distributed automatically to all the holders to their wallets.
Advantages of Rise Protocol:
Any asset class can be pegged, making it very adaptable. Frictionless yields are incorporated to reward holders, while auto-liquidity and reward distribution to liquidity providers are managed as well. Strong and robust deflationary mechanisms of Rise Protocol increase in effect over time and without a positive rebase within 3 days, the adjustment brings the price of Rise to the peg again.
TOKEN DISTRIBUTION:
Initial total supply — 100,000 RISE
Presale — 37,500 RISE
Initial Uniswap Liquidity — 30,000 RISE
Seed investors (vested over 1 month) — 25,000 RISE
Team funds (vested over 2 months) — 5,000 RISE
Development & Marketing — 2,500 RISE
Project Timeline
Token sale details
The Rise Protocol is the most advanced rebase token in the world. We sell 1 RISE token for 0.01 ETH during the pre-sale time. A limit of RISE 37,500 is available for pre-sale. Minimum contribution per wallet shall be 0,5 ETH, overall contribution per wallet shall be 4 ETH. Please register with the whitelist, as this will guarantee you a pre-sale allocation. Remaining RISE tokens from the pre-sale whitelist, if any, would be available for public pre-sale 1 hour later.
Hard cap: 375 ETH
Total presale amount: 37,500 RISE
Total initial supply: 100,000 RISE
Whitelist Presale Begins: February 7th. 2021, 20:00 UTC
Whitelist Presale Ends: February 7th, 2021, 21:00 UTC
Public Presale Begins: February 7th, 2021, 22:00 UTC
$RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards
To learn more visit:
https://riseprotocol.io/
https://twitter.com/RiseProtocol
https://www.reddit.com/user/riseprotocolofficial
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Author
lagoon88
https://bitcointalk.org/index.php?action=profile;u=1289678
Proof of Authentication:
https://bitcointalk.org/index.php?topic=5317561.msg56364089#msg56364089