INTRODUCTION.
Currently the elastic supply token has a changing circulating supply. The idea is that instead of price volatility, what changes is the supply of tokens through events called rebases,
An elastic supply token (or rebase) functions in such a way that the circulating supply expands or shrinks due to changes in the token price. This increase or decrease in supply works by a mechanism called rebasing. When a rebase occurs, the token supply is increased or decreased algorithmically, based on the current price of each token.
Imagine if the Bitcoin protocol could adjust how many bitcoins were in the user's wallet to reach the target price. You have 1 BTC today. You wake up tomorrow, and now you have 2 BTC, but each is worth half yesterday. That's how the rebase mechanism works.
Decentralized Finance (DeFi) has seen an explosion of new types of financial products on the blockchain. We've covered yield farming, Bitcoin tokenized on Ethereum, Uniswap, and flash lending. One other segment of the crypto space that's interesting to watch is elastic supply tokens, or rebase tokens.
After success with many token rebases and innovative market developments such as frictionless
yielded results, one question remained unanswered. Why does no project combine the advantages of previous projects into one.
We published RISE PROTOCOL as the answer.
RISE PROTOCOL.
long-term maximum value for DeFi investors.
Rise Protocol is a decentralized synthetic rebase asset with built-in advanced financial tools that allow it to function as a hedge against any crypto asset class.
The world's most advanced token Rise Protocol. Although initially pegged at 0.01 ETH, Rise has the ability, through governance, to adapt and dynamically be pegged to any asset class depending on investors and market sentiment. This supports an unprecedented level of ability and adaptability.
The starting stake for Ethereum (ETH) was chosen because of its basic importance in DeFi as a whole. This peg is also easy to digest, because investors have to buy RISE using ETH. The Rise Protocol manages price volatility through elastic supply, deflationary mechanisms, frictionless yields and industry-leading governance. Combination of technology and
human contribution, allowing Rise to grow rapidly, but not exceeding demand or supply.
PRINCIPLES AND FEATURES OF RISE PROTOCOL.
Sustainable, Adaptable, Fair and Safe are the principles on which the Rise Protocol builds. Every aspect of tokens, presales, smart contracts, etc. Created with these core values in mind. 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.
MAIN FEATURE.
1- Token Rebase. If the RISE price is above the benchmark price at 20:00 UTC, the supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallet. If the RISE price is 5% below the stake price for 3 consecutive days at 20:00 UTC, the supply of RISE will decrease.
2- dynamic peg. Initially pegged to 0.01 ETH, RISE has the revolutionary ability to peg an asset, asset class or a calculated metric in the future based on investor / market sentiment.
3- Frictionless results. A portion of each transaction (except for purchases) is distributed directly to all holders.
4- Automatic liquidity generation. A portion of each sale is permanently locked in liquidity.
5- Automatic distribution of rewards for liquidity providers. A portion of each sale is automatically distributed to the liquidity provider.
6- Supermassive Black Holes. The publicly visible combustion address that generates RISE via multiple mechanisms, scales exponentially over time to provide a particularly strong deflationary effect.
TOKEN SALES 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.
Below is a breakdown of the rise token.
TOKEN DISTRIBUTION.
Token name: RISE PROTOCOL
Symbol: RISE
Total supply: 100,000 RISE
Presale: 37.5% 37,500 RISE
Initial Uniswap liquidity: 30% 30,000 RISE
Seed Investor: 25% 25,000 RISE (Vested for 1 month)
Team Fund: 5% 5000 RISE (Vested for 2 months)
Development & Marketing: 2.5% 2,500 RISE
TOKEN PRICE.
Price: 1 ETH = 100 RISE
Minimum pledge = 0.5 ETH
Maximum pledge = 4 ETH
• Round 1 (20:00 UTC - 21:00 UTC) - Whitelisted wallets only.
Whitelisted wallets will have 1 hour starting on February 7th, 2021 20:00 UTC to send in their pledges. Once the contribution period ends, transactions and wallets will be validated to ensure wallet addresses and contributed amount matches the whitelist. Any unclaimed RISE from the whitelist will then be available in a first come first served public presale
• Round 2 (22:00 UTC) - Public presale.
Any unclaimed RISE from the whitelist allocations will be made available to a public presale on a first come first served basis
BUY RISE TOKEN.
Rise Protocol is a fully compliant ERC20 token on the Ethereum network which can be purchased on Uniswap Exchange, CoinGecko, dextool starting February 11, 2021 20:00 UTC. Buy RISE at 40.54 USD, Buy RISE There is no tax on purchases However for Transferring RISE it is subject to 2% tax on RISE transfers. This tax is used to provide frictionless yields to RISE holders and incentivize long-term ownership.
https://info.uniswap.org/token/0x3fa807b6f8d4c407e6e605368f4372d14658b38c
https://www.dextools.io/app/uniswap/pair-explorer/0x5777af58135e1ffebdf925da447030f9595e30c4
https://www.coingecko.com/en/coins/rise-protocol
DETAIL OF TRANSACTION TAX:
▪ 2% for frictionless yields distributed to all holders in real time.
Selling RISE There is a 5% tax on all Uniswap sales. In a similar way to a tax on purchases.
sales tax is used as a deflationary mechanism, as well as to fund liquidity, reward LP providers and finance frictionless yields that continue to benefit all Rise token holders.
SALES TAX DETAILS.
▪ 1% burned forever sent to the "black hole" or burn address.
▪ 1% locked permanently in liquidity.
▪ 1% is automatically distributed to liquidity providers. LP rewards increase in contract.
addresses up to 100 RISE tokens where subsequent transactions will trigger distribution. No action required by the LP provider.
▪ 2% for frictionless yields distributed to all holders in real time.
ROADMAP.
√ November 2020, project ideas and concepts were born. Plans are drawn up and smart contracts are drawn up.
√ December 2020, Beta testing - Extensive testing on Ropsten testnet to make sure everything down to the smallest detail works as designed.
√ January 2021, Pre-Sale - Investor seed sales followed by pre-sales in February 2021 with bids increased by 37500.
√ February 2021, audit and broadcast - Professional code audit and launch of Rise Protocol at Uniswap.
• Q2 2021, Q2 upgrade - New partnerships announced to make additional transactions, generate more tokens for Rise holders, take advantage of frictionless results. Launch of the governance platform.
• Q3 2021, Q3 upgrade - Implement Chainlink Price Oracles to further enhance the adaptable and dynamic peg function. Further improve the rebase dashboard to attract additional bait.
OUR PARTNERS.
https://holder.finance/
as our holder finance.
Holder Finance aims to be the best value token store on the Ethereum network with an extremely low supply of only 1000 tokens being released over 10 years. Holderswap is the main product, a competitor of Uniswap and Sushiswap as a Decentralized Exchange which provides prizes for HFi token holders.
If you are interested in becoming our business partner, please fill in the contact form and our team members will contact you. https://riseprotocol.io/contact-us/
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.
$RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards
FOR INFORMATION PLEASE VISITE LINK BELOW:
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
Name:Bayanganhitam
https://bitcointalk.org/index.php?action=profile;u=2851798;sa=summary
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