Rise Protocol Future Project ~ Review
About Rise Protocol
Rise Protocol have the real use-case platforms which is the best thing of this project. The platform is the most useful part of this project which push Rise to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the Rise Protocol this will be the best in the crypto industry. The project is very promising for solution today and in the future.
Rise Protocol is a decentralized synthetic rebase asset with built-in advanced financial tools that allow it to work as a hedge against any crypto asset class. The initial peg to Ethereum (ETH) was selected due to its fundamental importance in DeFi as a whole. This peg is also easily digestible, as investors must purchase RISE using ETH. Rise Protocol manages volatility in price through an elastic supply, deflationary mechanisms, frictionless yield, and industry leading governance. This combination of technology and human contributions enables Rise to rapidly grow, but not outpace demand or supply. Thus, its token symbol is aptly named - RISE.
Important
A fundamental feature of Rise Protocol, and one that sets us apart from any other rebase project in DeFi, is our ability to change our peg to be based on any asset, asset class, or calculated metric. This provides us with a unparalleled level of flexibility, and allows Rise to adapt and evolve with changing market and investor sentiments.
They selected Chainlink as our official oracle partner because of their tremendous reputation, and accuracy and breadth of the price feeds. The Chainlink Network provides the largest collection of tamperproof, on-chain price reference data available, and allows Rise Protocol to safely and accurately peg to any asset, asset class, or calculated metric currently contained within the Chainlink DeFi Price Feeds.
Token Features In Details
By providing liquidity holders receive 1% of every sell. The rewards accrue in the contract address until they reach 100 RISE tokens. The next transaction will trigger the distribution. No action is required by the LP provider. If you provide liquidity, your Uniswap LP tokens will automatically increase in value over time.
What is Chainlink?
Chainlink is the most widely used and secure way to power universal smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others. Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds.
Tokenomics
- Presale Price: 0.01 ETH
- Launch Price: 0.01 ETH
- Initial Total Supply: 100,000 RISE
- Liquidity of 30k RISE will be directly locked after launch. This will be further confirmed
by Shappy of WarOnRugs. - Seed investor tokens are vested for 1 month
- Team tokens are vested over 2 months
Token Distribution
- Initial total offer - 100,000 RISE
- Presale - 37,500 RISE
- Initial Uniswap Liquidity - 30,000 RISE
- First investors - 25,000 RISE
- Command facilities - 5,500 RISE
- Development and marketing - 2,500 RISE
Roadmap
Partners
I really like the line consept of their device inside,true professional,friendly staff and most importantly the idea with a promising future. This is one of my locale's preferred project and I think it has incredible potential for the future. so set aside the effort to comprehend the extend and contribute it at this moment.
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For More Info Visit :
Website: https://riseprotocol.io
Lite Paper: https://riseprotocol.io/wp-content/uploads/2021/02/RISE_Litepaper.pdf
Telegram: https://t.me/RiseProtocolOfficial
Twitter: https://twitter.com/RiseProtocol
Medium: https://riseprotocolofficial.medium.com
Reddit: https://www.reddit.com/user/riseprotocolofficial
Author :
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