Imagine a world where physical commodity trading is as easy as trading digital assets. Where you can run a commercial business without having to interact through centralized monopolies. Where customers actually own their data and can choose to keep it private or monetize as they see fit. Where smart contracts can conduct real-world commercial transactions in a decentralized and autonomous way.
About Rise Protocol :
Rise Protocol is a synthetic rebasing asset with the unique ability to peg to any asset or combination of assets.
A first amongst rebase tokens, Rise also incorporates frictionless yield generation to reward holders, auto-liquidity generation and auto-reward distribution for liquidity providers, and deflationary mechanisms that increase in effect over time.
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.
TOKEN FEATURES IN DETAIL :
Dynamic Peg
RISE will be initially pegged to 0.01 Ethereum (ETH) and will use an initial lag factor of 5 to help prevent over-inflation. Through governance, this lag can be adjusted in the future providing further protection against sometimes wildly changing market conditions. One of the revolutionary benefits of RISE is that it has the flexibility to be pegged to any crypto asset. For example, through the use of governance, RISE can be pegged to BTC, XRP, a calculated metric or any asset class. This level of control and response of a token is revolutionary.
Frictionless Yield
Investors in RISE will also be the continuous beneficiaries of frictionless yield. This cuttingedge technology instantly distributes a percentage of every buy and sell transaction back to the wallet of all holders. This benefit is of no cost to the investor and happens automatically. If you hold RISE you receive a portion of every transaction, just by holding the token.
Revolutionary Hybrid Approach to Negative Rebases
Through market research and observation, we’ve found that negative rebases have an incredibly demotivating effect on investors. A negative rebase is where the supply of a token
decreases in response to a market price falling below the peg price. While negative rebases are necessary in order to maintain the synthetic attribute of the token, and though no value is lost during a negative rebase, many investors fail to understand this. They see their wallet balance decrease, not realizing that the price of each token increased as a result, and panic sell, leading to further negative rebases. This causes a cascading effect that is incredibly hard to recover from.
Taking into consideration both the necessity and the detrimental effect that negative rebases can have, we’ve decided to adopt a revolutionary hybrid approach that incorporates powerful deflationary mechanisms. This is a first amongst rebase tokens and will allow us to greatly reduce the number of negative rebases while also allowing time to effectively communicate an impending supply contraction to our investors.
Supermassive Black Hole
Our first line of defense against a negative rebase is a “Supermassive Black Hole”. This is a publicly viewable burn address that receives a fixed percentage of RISE for every transaction. Each and every transaction will “feed” the Supermassive Black Hole. This address will also grow through frictionless yield and will scale with rebases. As the Supermassive Black Hole grows larger, the deflationary effects also grow larger, creating a feedback loop that
exponentially scales the deflationary effects over time.
THE NEED FOR RISE PROTOCOL IN THE MARKET
The Rise protocol is the world's most advanced appreciation token, allowing you to dynamically attach to any asset class through management based on investor sentiment and market sentiment, a level never before seen with base tokens. . Get flexibility and adaptability.
If the price of the symbol is above the latch, a daily revaluation will take place. In other words, the owner will automatically receive more tokens in the wallet. Increase to this There is a strong deflationary mechanism to maintain the value of the bets, but if there is no positive evaluation for 3 days and it is not within 5% of the bets, the offer will be adjusted and the price will be automatically fixed at parities .
Frictionless performance technology is also built into the Rise protocol. Simply put, simply keeping the Rise tag on your wallet will distribute a percentage of all the owner's buy and sell transactions and the owner will receive additional tokens.
Conclude :
The project has a clear roadmap, a powerful team with a lot of experience in technology development, more importantly, they have built a strong community to introduce Rise Protocol to all developed countries. I believe that Rise will grow even more in releasing the transaction speed needed for the present and the future.
Website: https://riseprotocol.io
DOCS: https://riseprotocol.io/wp-content/uploads/2021/02/RISE_Litepaper.pdf
Telegram: https://t.me/RiseProtocolOfficial
Twitter: https://twitter.com/RiseProtocol
Medium: https://riseprotocolofficial.medium.com
Reddit: https://www.reddit.com/user/riseprotocolofficial
author : Scubidu
URL bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2785636
ETH : 0xb39D2e71DC421785c507dCEb6441241231e85Ec0
$RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards.
nice post -- don't mind me -- looks like you know what yer doin
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Thank you, Your helpful words help me motivate me to write
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The team is amazing. They are active in many areas
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Amazing project
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