Rise Protocol - The World’s Most Advanced Synthetic Rebase Token Platform

davidtosin (8)in #cryptocurrency • 4 years ago

Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Counterfeiting and anonymous transactions are impossible to achieve.

Rise Protocol is a decentralized synthetic rebase asset with 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.

Rise Protocol manages price volatility through elastic supply, deflation mechanisms, frictionless results, and industry-leading governance. This combination of technology and human contribution allowed Rise to thrive, but not exceed supply or demand.

As a Synthetic Token based on Ethereum technology, Rise Token was created as a Rebasis Token, where the Token is pegged following current price developments. However, the Rise Token was made to solve this problem by providing a high level of liquidity to the value in it. Even though market conditions are decreasing, Rise Tokens continue to have value and can move dynamically with increasing deflation.For investors who have Rise Tokens, they don't need to worry about changes in cryptocurrency prices that occur in the market. So that the Rise Token price remains stable even though market conditions are decreasing due to an unstable economy.

The Created by developers, IT experts and formed a professional team in the field of blockchain technology and DeFi, Rise Protocol keeps up with the development of the existing market.
Because the Rise Token moves elastically at a set price. And if the current Rise Token price is $ 1, then the Token price will not change until the price is reset again. So that if the price of Token Rise increases, then Token owners will get an increased number of Tokens for their ownership if later the Token price will be reset again.

The Unique Features

Rebase Token

Rebase token initially pegged to Ethereum with powerful “Supermassive Black Hole” deflationary mechanisms.

Dynamic Peg

Fully adaptable to changing market and investor behavior, peg can be changed to any asset or asset class (BTC, DOT, LINK, USDC, etc.) in the future. This will be controlled through governance.

Frictionless Yield

2% of every transaction (except buys) is instantly and automatically distributed to all Rise holders. You will see your wallet balance increase with each transaction!

Auto-Liquidity Generation

1% of every sell is permanently locked into liquidity, meaning an ever increasing liquidity and sell floor

Liquidity Provider Rewards

1% of every sell 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.

The Advantages Of Owning Rise Token

Prices will remain stable,
1% Rise Token will be thrown away and burned forever,
Get high liquidity for Token Rise holders,
Prices will be protected from trading bot manipulation,
Secured via smart contract,
When holding Rise Tokens, the balance will continue to increase,

ROADMAP

Idea and concept
November 2020 – the project idea is born. Plans are drawn up and smart contracts are created.
Beta testing
December 2020 – Extensive testing on Ropsten testnet to ensure everything down to the smallest detail works as designed.
Token presale
January 2021 – Seed investors sale followed by a presale in February 2021 with 37500 Rise on offer.
Code audit and go live
February 2021 – Professional code audit and launch of Rise Protocol on Uniswap.

Q2 enhancements
Q2 2021 – New partnership announced to create additional transactions, generating more tokens for holders of Rise, utilizing frictionless yield. Launch of the governance platform.

Q3 enhancements
Q3 2021 – Implement Chainlink Price Oracles to further enhance the adaptable and dynamic peg function. Further enhance the rebase dashboard to pull in additional feeds.

About The Rise Protocol Token

Rise Protocol is the worlds most advanced rebase token. During the presale period, we are offering 1 RISE token for 0.01 ETH. A total of 37,500 RISE is available for presale. Minimum contribution per wallet is 0.5 ETH, maximum contribution per wallet is 4 ETH. Please register for the whitelist as this will guarantee you an allocation in the presale. Remaining RISE tokens from the whitelist presale, if any, will be offered in an open public presale 1 hour later.

Token Details

Hard cap: 375 ETH

Total presale amount: 37,500 RISE

Total initial supply: 100,000 RISE

Whitelist Presale Begins: February 7th. 2021, 20:00 UTC

Whitelist Presale Ends: February 7th, 2021, 21:00 UTC

Public Presale Begins: February 7th, 2021, 22:00 UTC

For more information about this project, please visit the links below:

Website: https://riseprotocol.io

Litepaper: https://riseprotocol.io/rise_litepaper

Telegram: https://t.me/RiseProtocolOfficial

Twitter: https://twitter.com/RiseProtocol