Rise Protocol
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.
While the RISE token price is above the benchmark, we will experience a positive supply adjustment with a lag of 5.
After the success of many token rebases and innovative market developments such as frictionless yield generation, one question remains unanswered. why doesn't any project combine the advantages of previous projects into one while learning from their difficulties in order to get maximum long-term value for DeFi investors?
What is Rise Protocol?
The world's most advanced synthetic rebase token, Rise Protocol combines revolutionary tokens and features with the best and the latest in decentralized finance (DeFi) technology. Smart contracts have been audited through (professional auditing firm) and Shappy of WarOnRugs.
How the Rise Protocol works
If the RISE price is higher than the fixed price at 20:00 UTC, the total supply of RISE will increase and everyone will automatically receive more RISE tokens in their e-wallet. If the RISE price is 5% lower than the closing price for three consecutive days at 20:00 UTC, the total supply of RISE will decrease.
The Rise Protocol manages price volatility through elastic supply, deflationary mechanisms, frictionless yields and industry-leading governance. This combination of technology and human contribution has enabled Bangkit to thrive, but not to exceed demand or supply. So, the token symbol is named - RISE.
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.
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 grows bigger, the deflationary effect also grows 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 tokens. 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 compensated in the Up token for additional gas charges.
MAIN FEATURE:
Token Rebase
If the RISE price is above the set 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.
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 through 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.
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.
- Initial total supply - 100,000 RISE
- Presale - 37,500 RISE
- Uniswap Awal Liquidity - 30,000 UP
- Seed investor (given over 1 month) - 25,000 RISE
- Team funds (awarded for 2 months) - 5,000 RISE
- Development & Marketing - 2,500 RISE
Ascending Protocol Roadmap
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
pre-sale January 2021 - Investor seed sale was 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 of the 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
Official Resources:
Website: https://riseprotocol.io
Litepaper: https://riseprotocol.io/rise_litepaper
Telegram: https://t.me/RiseProtocolKicau Official
: https://twitter.com/RiseProtocol
Media: https: / /medium.com/@riseprotocolofficial
Reddit: https://www.reddit.com/user/riseprotocolofficial
Discord: https://discord.com
Author: Homio
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2865336
MY ETH wallet: 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09
$ RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards .
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