ABOUT RISE PROTOCOL
This project has come with a very long term value to offer investors in the market at this time. The team has prepared it to offer the new users of the platform a network where they can derive long term benefit and also maximize long term values. The platform has analyzed so many great features which will be useful for financial investors to grow in it. This platform is a beautiful synthetic rebase asset platform fbag has great financial tools which makes it a frontier of the crypto asset class. This platform is pegged to Ethereum and is very unique as it portrays so much importance. This platform will make the investors able to purchase RISE which is in Ethereum managing volatility and the price of the asset as it leads a governance in the cryptoworld. The contributions made by the featured technology will make it grow so rapidly, balancing the demand and supplies in the system as the RISE token is used.
SUMMARY & TOKEN FEATURES
Rise Protocol is a decentralized synthetic rebase asset with built-in advanced financial tools that allow it to work as a hedge against any crypto asset class. The initial peg to Ethereum (ETH) was selected due to its fundamental importance in DeFi as a whole. This peg is also easily digestible, as investors must purchase RISE using ETH.
Rise Protocol manages volatility in price through an elastic supply, deflationary mechanisms, frictionless yield, and industry leading governance. This combination of technology and human contributions enables Rise to rapidly grow, but not outpace demand or supply. Thus, its token symbol is aptly named - RIS.
THE ULTIMATE SYNTHETIC ASSET
Rise Protocol is the worlds most advanced rebase token. Though initially pegged to 0.01 ETH, Rise has the ability, through governance, to adapt and be dynamically pegged to any asset class depending on investor and market sentiment. This allows for a level of flexibility and adaptability never seen before.
A token adjustment occurs daily at 20:00 UTC. If the price of Rise is above peg, then due to its price elastic supply, a rebase occurs, meaning that holders will automatically receive more tokens in their wallets. If at 20:00 UTC the price of Rise is 5% below peg for 3 consecutive days, then a supply adjustment occurs. This reduces the number of tokens in your wallet, but increases their value. Your total wallet value will be the same after a supply adjustment.
Powerful deflationary mechanisms are in place to maintain the value of Rise to peg with the introduction of a Supermassive Black Hole. This is a viewable burn address that grows in size over time through dedicated burns from each transaction and frictionless yield. The Supermassive Black Hole also scales with rebases. 1% of each sell is sent to the Supermassive Black Hole. As the Hole grows larger, the deflationary effects also grow larger, creating a feedback loop that exponentially scales the deflationary effect over time.
Automatic distribution of rewards for liquidity providers. A percentage of each sell will be sent to the contract, and automatically distributed to all liquidity providers. There is no need to stake your LP tokens. Simply hold the Uniswap LP tokens in your wallet to receive the rewards. The automatic distribution will be triggered once the contract accrues 100 Rise tokens. This distribution will be tagged unto the next transaction. The sender of this transaction will automatically be over compensated in Rise tokens for the additional gas cost.
Token sale details
Rise Protocol is the worlds most advanced rebase token. During the presale period, we are offering 1 RISE token for 0.01 ETH. A total of 37,500 RISE is available for presale. Minimum contribution per wallet is 0.5 ETH, maximum contribution per wallet is 4 ETH. Please register for the whitelist as this will guarantee you an allocation in the presale. Remaining RISE tokens from the whitelist presale, if any, will be offered in an open public presale 1 hour later.
Rise Protocol Tokens:
- 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
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
Rise Protocol ROADMAP
- The idea and concept
November 2020 – the project idea is born. Plans are drawn up and smart contracts are created.
- Beta testing
December 2020 – Extensive testing on Ropsten testnet to ensure everything down to the smallest detail works as designed.
- Token presale
January 2021 – Seed investors sale followed by a presale in February 2021 with 37500 Rise on offer.
- Code audit and go live
February 2021 – Professional code audit and launch of Rise Protocol on Uniswap.
- Q2 enhancements
Q2 2021 – New partnership announced to create additional transactions, generating more tokens for holders of Rise, utilizing frictionless yield. Launch of the governance platform.
- Q3 enhancements
Q3 2021 – Implement Chainlink Price Oracles to further enhance the adaptable and dynamic peg function. Further enhance the rebase dashboard to pull in additional feeds.
Rise Protocol TEAM
- Shuaps – Technical Lead, Project Management & Strategy
- PBL00 – Branding, Strategy & Development
- Jamie – Development, Auditing & Strategy
- Andy – Website, Social Media & Community Manager
- Radinho – Website, Social Media & Community Manager
- CJ – Marketing
- CryptKeep3r – Website, Social Media
Partners
HOLDER FINANCE
Official Resources:
Website: https://riseprotocol.io
Litepaper: https://riseprotocol.io/rise_litepaper
Twitter: https://twitter.com/RiseProtocol
Medium:https://medium.com/@riseprotocolofficial
Reddit:https://www.reddit.com/user/riseprotocolofficial
Discord: https://discord.com
Telegram: https://t.me/RiseProtocolOfficial
AUTHOR:
Bitcointalk UserName : juskembung
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=2643537
ETH: 0x6BF2D822CF62A8DF1f3127F9E650C4f857f36872
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