RISE PROTOCOL: AN INNOVATIVE AND REVOLUTIONARY HYBRID REBASE TOKEN

in riseprotocol •  4 years ago 

Rise Protocol.siska55.jpg

$ RISE #ieo #blockchain #dot #Bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards

Project summary and full story.

Tokens are units of information on the blockchain that can be given to owners and can be transferred between blockchain users. They are based on smart contracts, which are called self-executed contracts. Technically, a smart contract is a protocol that digitally represents contract regulation. a revolutionary token with the best and latest decentralized financial technology (DeFi). Smart contracts have passed the audit by CTDSec (professional audit firm) and Shappy of WarOnRugs is called token rebase, After the success of many token rebases and innovative market developments such as frictionless yield generation, Token rebase has an elastic supply and is pegged to a specific asset. Supply will go up or down depending on the price when the rebase was triggered and if it is above or below the benchmark. The price also changes relative to the adjusted inventory value at the same rebase. Everything is in the Project Rise Protocol. Rise Protocol different rebase tokens in the space show that Rise Protocol has a huge advantage and ability to combine frictionless income to award holders, has automatic reward distribution for liquidity providers, and of course, automatic liquidity generation.


Rise Protocol_siska55.png

What is Rise Protocol?


The RiseProtocol is a world's most advanced synthetic rebase token, and Rise Protocol combines revolutionary tokenomics and features with the best and latest decentralized finance (DeFi) technology. Smart contract has already passed audits by CTDSec (professional auditing firm) and Shappy from WarOnRugs. It's Help's The Rise To Grow More Fast and rapidly.

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 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 is the world’s most advanced elastic supply device. it is initially pegged to 0.01 ETH, but with the ability through governance to adapt and dynamically be pegged to any asset class depending on investors and market sentiment. This level of adaptability is unique in today’s competitive crypto environment.

The Rise Protocol manages price volatility through elastic supply, deflationary mechanisms, frictionless yields and industry-leading governance. This combination of technology and human contribution enabled Bangkit to grow rapidly, but not exceeding demand or supply. So, the token symbol is named – RISE.

Token adjustments occur every day. If the Rise price is above the stake, then because of the price elasticity, a rebase occurs, meaning that the holder will automatically receive more tokens in their wallet. If the price rises 5% below the benchmark for 3 consecutive days, the bid adjustment will be made. This reduces the number of tokens in your wallet, but increases their value. Your total wallet value will be the same after an inventory adjustment.

A strong deflation mechanism is in place to maintain the Upside value pegged with the introduction of the Supermassive Black Hole. It is a viewable burn address that increases in size over time through a special burn of each transaction and results without a hitch. Supermassive black holes also scale with rebase. 1% of every sale goes to the Supermassive Black Hole. As the Hole gets bigger, the deflationary effect also gets bigger, creating a feedback loop that exponentially scales the deflationary effect over time. Just by owning a Rise token, you will receive a gift directly to your wallet. Easy, frictionless yield aggregation automatically sends a percentage of each transaction to all Rise holders. No fuel is used, and your wallet balance will increase automatically after each transaction.

Automatic distribution of prizes for liquidity providers. A percentage of each sale will be sent to the contract, and automatically distributed to all liquidity providers. No need to stake your LP token. Just hold the Uniswap LP token in your wallet to receive the prize. Automatic distribution will be triggered once the contract gets 100 tokens Up. This distribution will be tagged to the next transaction. The sender of this transaction will automatically be over-compensated in the Up token for additional gas costs.

Rise Protocol.pn.jpg

KEY FEATURES of Rise Protocol


Token Rebase
If the RISE price is above the benchmark price, 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, the supply of RISE will decrease.

Dynamic pegs
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.

Frictionless results
A portion of each transaction is distributed directly to all holders.

Automatic liquidity generation
A portion of each transaction is permanently locked in liquidity.

Automatic distribution of liquidity provider rewards
A portion of each transaction is automatically distributed to the liquidity providers.

Supermassive Black Hole
The publicly visible combustion address that generates RISE via multiple mechanisms, scales exponentially over time to provide a particularly strong deflationary effect.

Sustainable, Adaptable, Fair and Safe
these are the four principles established by the Rise Protocol. Every aspect of tokens, presales, smart contracts, etc. Created with these core values ​​in mind.

Many other DeFi projects sacrifice one or more of these values, which creates scenarios like ridiculously unfair advantages for early private investors, or generating short lived and temporary hype, or creating a rigid contract that has no ability to adapt or change to the ever evolving crypto market, or a contract that is subject to exploits.


How does Rise address these issues in DeFi?


Sustainable:

  • Powerful and unique “Supermassive Black Hole” deflationary concept that accrues and burns tokens through various different methods. Effects scale exponentially over time.

  • Auto-liquidity generation that permanently locks a portion of each transaction into liquidity, creating an ever increasing sell floor.

  • Initial rebase lag of 5. This means that if the price of RISE at time of rebase is 100% over the target price, we will receive a rebase for 20% (100% divided by 5).

  • “Supply adjustment” that will increase the price of RISE, but decrease the supply if the market price is below 5% of target price for 3 consecutive days during the rebase time.

Adaptable:

  • Rise has the revolutionary ability to peg to any asset, calculated metric, or asset class. Initially pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be altered in the future through governance based on investor / market sentiment.

  • The smart contract was coded so that every parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. all have the ability to be adjusted. This gives RISE the ability to constantly adapt and change based on market conditions.

Fair:

  • The presale price will be 0.01 ETH, same as the Uniswap launch price.

  • Seed investors acquired Rise at 10% below launch price. However, 80% will be vested over the course of 1 month.

  • The unique smart contract feature allows us to enable Uniswap trading after liquidity has been added and presale tokens distributed. This will give everyone a fair playing ground once trading begins.

  • Maximum transaction size of 500 Rise for the first hour after Uniswap trading is enabled, preventing bot sniping and creating a fair environment for regular traders / investors.

  • Buy and sell tax helps prevent coordinated price manipulation. A portion of this tax is distributed instantly through frictionless yield to all holders based on holdings.

Secure:

  • The Rise contract has passed audits by CTDSec (a professional smart contract auditing firm) and by Shappy from WarOnRugs (highly respected owner of a community aimed at preventing rug pulls and scams in the crypto-sphere).

  • No need to transfer your tokens to a staking contract address in order to earn rewards! Frictionless yield allows you to hold your tokens in your own wallet for utmost security. You can watch as your balance grows with each and every transaction.

  • If you choose to provide liquidity, you will be rewarded through auto-distribution of liquidity rewards. Again, no need to send your LP tokens to a separate staking contract, simply hold your LP tokens in your own wallet and watch as their value increase over time.

  • The initial team provided liquidity will be locked before Uniswap trading is enabled.


How does Rise Protocol work?


The Rise Protocol runs on the Ethereum network, the worlds most popular Decentralized platform. With a plethora of advanced technologies, such as frictionless yield, a dynamic and adaptable peg, powerful deflationary mechanisms, and auto-liquidity generation make the Rise Protocol the most advanced rebase token in the world. A percentage of each buy and sell transaction is automatically distributed to all the holders meaning extra tokens for doing absolutely nothing, except holding the token in your wallet.

Token Information - RISE


  • Token Name: RISE PROTOCOL (RISE Token)
  • Token Ticker: RISE
  • Token Type: ERC-20
  • Contract Address : 0x3fa807b6f8d4c407e6e605368f4372d14658b38c

Rise Protocol222.png

  • 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

PRESALE DETAILS:

Price: 1 ETH = 100 RISE

Whitelist registration will open on February 4th, 2021 20:00 UTC.
Whitelist link will be posted on our official Twitter and Telegram channels.

You must complete all tasks on the whitelist registration form in order to be accepted into the whitelist! The team will be reviewing every application to validate. The whitelist will close once 375 ETH have been pledged.

Make sure to register for the whitelist to guarantee an allocation in the presale! A public presale will not occur if all 375 ETH is pledged, and all whitelisted wallets contribute their pledged amounts.

  • Minimum pledge = 0.5 ETH, Maximum pledge = 4 ETH

Presale will take place across 2 rounds starting on February 7th, 2021 20:00 UTC, with the first round dedicated to those on the whitelist.

  • 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.

LAUNCH DATE/TIME:

RISE will launch on Uniswap and trading will be enabled on February 11th, 2021 20:00 UTC.


Rise Protocol Roadmap


Rise Protocol_roadmap.png

For More Strategic information About This project, please Click on the Links:

WEBSITE | REDDIT | TELEGRAM | MEDIUM

EXPLORER | LITEPAPER | TWITTER

COINMARKETCAP


Author.

Bitcointalk Username: siska55

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!