Cryptocurrency continues to increase its innovation, and many of them do the same. This is what cryptocurrency looks like
although we have cryptocurrencies with smart contracts that work essentially the same way, more and more are popping up in the past
what they’re doing is changing the elements in the protocol, and promising the next revolutionary smart contract platform. Ethereum as the best platform for Smart contracts. There are now multiple platforms with tokens running the same type of network. all competing for Ethereum. Cryptocurrency is built on the blockchain. This provides developers with many opportunities to create different functions for different cryptocurrencies. Blockchain is an open technology for all, that is; anyone can develop their own cryptocurrency if they know their way around the blockchain. On this occasion I would like to review a little about the most advanced token rebase in the world.
Introducing The Rise Token
Rise Protocol is a synthetic rebasing asset with the unique ability to define any asset or asset combination.
A first among rebase tokens, Rise also combines frictionless yield gain for prize holders, automatic liquidity creation and automatic reward distribution for liquidity providers, and a deflation mechanism that increases the effect over time.
How does the Rise Protocol work?
Rise Protocol runs on the Ethereum network, the world’s most popular decentralized platform.
With a large number of advanced technologies, such as frictionless results, dynamic and adaptable pegs, powerful deflation mechanisms, and automatic liquidity generation make Rise Protocol the world’s most advanced token rebase.
A percentage of each buy and sell transaction is distributed automatically to all holders which means additional tokens for doing nothing but holding tokens in your wallet.
What are the key advantages of Rise Protocol?
The Rise Protocol has the unique ability to define any asset class or asset combination. Other rebase tokens have a static peg that can never be changed, which means that when market and investor sentiment changes, they fail to adapt to it. The Rise Protocol solves this design flaw with our adjustable pegs.
Unlike other rebase tokens, Rise also combines frictionless yield gain to prize holders, automatic liquidity generation, and automatic reward distribution for liquidity providers.
Other rebase tokens will remove daily tokens from your wallet if the token price is below the stake. The Rise Protocol has a strong deflationary mechanism that is getting in effect over time. If a positive rebase is not achieved 3 days in a row then a bid adjustment takes place to bring the Price Increase back to the stake.
Rise Protocol is the problem
Other rebase tokens have a static peg that can never be changed, which means that when market and investor sentiment changes, they fail to adapt to it. The Rise Protocol solves this design flaw with our adaptable and dynamic pegs. This allows for flexibility and adaptability never before seen in token rebase.
The raise is unique and can be attached to any asset. Our starting stake will be set to 0.01 ETH. It also uses “lag” which controls the rebase amount so as not to increase or decrease our supply too much. If the lag is 5 and we are entitled to a 100% rebase, it is divided by 5 giving a 20% rebase. This ensures the sustainability of the project coupled with other deflationary mechanisms. The lag can be adjusted depending on market conditions.
Rise Protocol Privileges:
1. Token Rebase Token
Rebase was initially pegged to Ethereum with a strong “Supermassive Black Hole” deflation mechanism.
2. Dynamic Pegs Fully adaptable to changing market and investor behavior, the stake can be changed to any asset or asset class (BTC, DOT, LINK,
USDC, etc.) in the future. This will be controlled through the government.
3. Frictionless Yield 2% of every transaction (except purchase) is instantly and automatically distributed to all Rise holders. You will see your wallet
balance increase with every transaction!
4. Frictionless Yield
2% of every transaction (except purchase) is instantly and automatically distributed to all Rise holders. You will see your wallet balance increase
with every transaction!
5. Liquidity Provider Rewards 1% of each sale is automatically distributed to our liquidity providers as a reward. If you provide liquidity, your Uniswap
LP tokens will automatically increase in value over time.
Why does the market need Rise Protocol?
The Rise Protocol is the world’s most advanced token rebase through adaptable governance and dynamically pegged to any asset class depending on investors and market sentiment, enabling a level of flexibility and adaptability never before seen in any rebase token.
Daily rebase occurs if the token price is above the stake, which means the holder will automatically receive more tokens in their wallet. There is a strong deflationary mechanism to maintain the Increment value to the stake, but if after 3 days there is no positive ratio, and it is not within 5% of the stake, then a supply adjustment occurs to automatically return the price to the stake.
The frictionless yield technology is also embedded in the Rise Protocol, which means that simply by holding the Rise token in your wallet, the holder will receive an additional token as a percentage of each buy and sell transaction redistributed to the holder.
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 RISE’s price is 5% below the share price for 3 consecutive days at 20:00 UTC, RISE’s stock will decrease.
2.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.
3.Frictionless results.
A portion of each transaction (except 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 liquidity provider rewards.
A portion of each sale is automatically distributed to the liquidity provider.
6. Supermassive Black Holes.
The publicly visible combustion addresses that generate RISE through a variety of mechanisms, scale exponentially over time to provide a particularly strong deflationary effect.
“Sustainable, Adaptable, Fair and Safe”: these are the four principles on which the Rise Protocol builds. Every aspect of tokens, pre-sales, smart contracts, etc. Created with these core values in mind.
How does the Rise Protocol work?
Rise Protocol runs on the Ethereum network, the world’s most popular decentralized platform.
With a large number of advanced technologies, such as frictionless results, dynamic and adaptable pegs, strong deflation mechanisms, and automatic liquidity generation, Rise Protocol is the world’s most advanced token rebase.
A percentage of each buy and sell transaction is distributed automatically to all holders which means additional tokens for doing nothing but holding the tokens in your wallet.
Rise Protocol issue
Other rebase tokens have a static, unchangeable benchmark, meaning that when market and investor sentiment changes, they fail to adapt to it. The Rise Protocol solves this design flaw with our adaptable and dynamic pegs. This allows for flexibility and adaptability never before seen in token rebase.
The increments are unique and can be attached to any asset. Our initial bet will be set at 0.01 ETH. It also uses “lag” which controls the amount of rebase so it doesn’t expand too much or decrease our supply. If the lag is 5 and we are entitled to a 100% rebase, that divided by 5 gives a 20% rebase. This ensures the sustainability of the project coupled with other deflationary mechanisms. The lag can be adjusted depending on market conditions.
How did Rise solve this problem on DeFi?
1. Continuous:
A unique powerful “Supermassive Black Hole” deflation concept that collects and burns tokens via a variety of different methods. Effects scale exponentially over time.
Automatic liquidity generation that permanently locks a portion of each transaction into liquidity, creating a growing sales floor.
Initial rebase lag of 5. This means that if the RISE price at the time of rebase exceeds 100% of the target price, then we will receive a rebase of 20% (100% divided by 5).
“Supply Adjustment” which will increase the RISE price, but lower the offer if the market price is below 5% of the target price for 3 consecutive days during the rebase time.
2. Adapt:
Increments have the revolutionary ability to define assets, calculated metrics, or asset classes. Originally pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be changed in the future through governance based on investor / market sentiment.
Smart contracts are coded so that each parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. All of them have customizability. This gives RISE the ability to continually adapt and change based on market conditions.
3. Fair:
The pre-sale price is 0.01 ETH, which is the same as the launch price of Uniswap.
Early investors earn Rise at 10% below launch price. However, 80% will be given for 1 month.
The unique smart contract feature allows us to activate Uniswap trading once liquidity is added and the pre-sale token is distributed. This will give everyone their fair share of play once trading starts.
Maximum transaction size 500 Up for the first hour after Uniswap trading is activated, preventing sniping bots and creating a fair environment for regular traders / investors.
The sale and purchase tax helps prevent coordinated price manipulation. A portion of this tax is distributed instantaneously via frictionless proceeds to all holders based on ownership.
4. Safe:
Rise’s contracts have been audited by CTDSec (a professional smart contract auditing firm) and by Shappy of WarOnRugs (a highly respected community owner whose goal is to prevent rug recall and crypto fraud).
No need to transfer your tokens to the address of the contract at stake to get the prize! Frictionless results allow you to store tokens in your own wallet for maximum security. You can see your balance growing with each transaction.
If you choose to provide liquidity, you will be rewarded through the automatic distribution of liquidity prizes. Again, there’s no need to send your LP token into a separate betting contract, just hold your LP token in your own wallet and watch its value increase over time.
Liquidity provided by the initial team will be locked before Uniswap trading is activated.
Why does the market need Rise Protocol?
The Rise Protocol is the world’s most advanced token rebase through adaptable governance and dynamically pegged to any asset class depending on investors and market sentiment, enabling a level of flexibility and adaptability never before seen in any rebase token.
The daily rebase occurs when the token price is above the stake, which means the holder will automatically receive more tokens in their wallet. There is a strong deflationary mechanism to maintain the value of the Increment to the stake, but if after 3 days there is no positive ratio, and it is not within 5% of the stake, then a supply adjustment occurs to automatically return the price to the peg.
Frictionless yield technology is also embedded in the Rise Protocol, which means that only by holding Rise tokens in your wallet, holders will receive additional tokens as a percentage of each buy and sell transaction redistributed to the holder.
What is the Rise Protocol fee structure?
There is a 7% fee on all sales. This is broken down into the following:
3%: sent to the black hole, burned and destroyed forever.
1.5%: permanently locked in liquidity.
1.5%: distributed automatically to liquidity providers.
1%: distributed automatically through frictionless yields to all holders.
There is a 3% fee on all purchases. This is broken down into the following:
1%: sent to the black hole, burned and destroyed forever.
0.5%: permanently locked in liquidity.
0.5%: distributed automatically to liquidity providers.
1%: distributed automatically through frictionless yields to all holders.
Token sale 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.
Token sale details:
Hard cap: 375 ETH
Total pre-sale amounts: 37,500 RISE
Initial total supply: 100,000 RISE
White List Presale Begins: February 7, 2021, 20:00 UTC
Presale White List Expires: February 7, 2021, 21:00 UTC
General Presale Begins: February 7, 2021, 22:00 UTC
TOKEN DISTRIBUTION:
Ascending Protocol Roadmap
he ideas and concepts
November 2020 – the project idea is born. Plans are drawn up and smart contracts are drawn up.
Beta testing
December 2020 – Extensive testing on the Ropsten testnet to ensure everything down to the smallest detail works as designed.
Token
2021 pre-sale January – Investor seed sales followed by pre-sale in February 2021 with bids increasing by 37500.
Code audits and go live
February 2021 – Professional code audit and launch of the Rise Protocol at Uniswap.
Q2 improvement
K2 2021 – New partnership announced to make additional transactions, generate more tokens for Rise holders, take advantage of frictionless results. Launch of the governance platform.
Enhancement
Q3 Q3 2021 – Implement Chainlink Price Oracles to further enhance the adaptability and dynamic function of the pegs. Further enhance the rebase dashboard to attract additional feed.
Rise Protocol 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
Partners
$RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards
More information:
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 : Mame89
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=924342
ETH Wallet Address : 0x079549B932Dd97De3E8EFAFE822b9eF70B77A4Ce