Rise Protocol.

in #ieo4 years ago

The crypto world has witnessed the eruption of many Decentralized Finance exchange platforms that allow digital tokens to be used in transacting and exchanging certain goods and services. These token assets are not secured and can lose their value at any given time. Some of them are associated with gold assets and the United States dollar, which also loses its value to the market forces.
RISE PROTOCOL is a Decentralised Financial exchange platform that pegs and stabilizes its digital token asset in exchange with Etherum (ETH).
The project is a combination of gains and corrected challenges of past Defi projects in order to give maximum benefit to Defi investors.

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

What is the Rise Protocol about ?
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.

How does Rise Protocol work?
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.

Rise Protocol 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.

Rise Protocol the problem
Other rebase tokens have a static peg that can never be altered, meaning as market and investor sentiments change, they fail to adapt with it. Rise protocol solves this design flaw with our adaptable and dynamic peg. This allows for flexibility and adaptability never seen before in rebase tokens.

Rise is unique and can be pegged to any asset. Our initial peg will be set to 0.01 ETH. It also uses “lag” which controls the rebase amounts as to not over inflate or deflate our supply. If the lag is 5 and we’re due for a 100% rebase it is divided by 5 giving a 20% rebase. This ensures sustainability of the project coupled with its other deflationary mechanisms. The lag can be adjusted depending on market conditions.

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Why does the market need Rise Protocol?
Rise Protocol is the worlds most advanced rebase token that through governance can be adapted and dynamically pegged to any asset class depending on investor and market sentiment, allowing for a level of flexibility and adaptability never seen before in any rebase token.

A daily rebase occurs if the token price is above peg, meaning holders will automatically receive more tokens in their wallets. There are powerful deflationary mechanisms in place to maintain the value of Rise to it’s peg, but if after 3 days of no positive rebases, and not being within 5% of peg, then a supply adjustment occurs to automatically bring the price back to peg.

Frictionless yield technology is also embedded within the Rise Protocol, which means that just by holding the Rise token in your wallet, holders will receive extra tokens as a percentage of every buy and sell transaction is distributed back to the holders.

RISE PLATFORM ACTIVITIES
The RISE platform operates in the following details;

  • Purchasing of RISE
    RISE is bought on the platform free of any tax or any secret charges.

  • RISE Transfer
    RISE can be transferred among the participants in the platform on a 2% tax.

  • RISE Sale
    Selling RISE tokens on Uniswap attract 5% tax. This proceeds realised from the tax is used to reward LP providers, fund deflationary and fund the frictionless yield.

  • Frictionless Yield
    This is an address set up by the RISE protocol where charges generated from transactions in the platform are transferred. The fund is distributed to the wallets of RISE holders in real time.

  • Marketing and Promotional Fund
    This is a fund set aside for future promotional and marketing campaigns.

  • Supply Adjustment.
    This is a measure used to stabilize the price of RISE token by anchoring it to Etherum (0.01ETH). This process involves the adjustment RISE supplied to the platform when the price goes below or above the ETH peg.
    This helps to preserve the value of the RISE token.

  • Liquidity Providers
    These are investors who provide money to fund the RISE protocol. They are rewarded with LP tokens in the form of RISE tokens. They are also rewarded periodically from the transaction charges on the platform, like frictionless yield.

RISE TOKEN
RISE protocol has a crypto token that is used for transactions on its platform. The token is RISE token.
It is a Etherum based token anchored on 0.01 ETH and also has the capacity to be pegged on crypto assets like BTC.

RISE token is structured to withstand volatile market situations through dynamic supply and deflationary mechanisms. This measures enhances its liquidity and protects its value.

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The features of RISE token are;
Dynamic peg
Frictionless Yield
Liquidity Providers reward
Supermassive Black Hole
Hybrid supply Adjustment.

The company projects to provide 100,000 RISE tokens for the project which will be distributed in the following;
35,000 for presale.
5,000 for the management team.
2,500 for marketing promotions and development.
30,000 for the Liquidity providers.
2,500 for seed investment.

ARTHUR : Altcoin pub
bitcointalk username: Altcoin pub
bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2870050
Eth wallet address: 0x9F5295191542C28edFb5B60077139ed084854069

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