What is Rise Protocol (RISE) ?

Ethereum’s decentralized finance arena has many rising sectors, including non-custodial exchanges, stablecoins, tokenized bitcoin, and more. Elastic supply tokens are one of the newer and less-known of these blooming sectors, and yet the field’s gained traction upon a handful of price-elastic projects recently breaking into DeFi’s limelight. In this post, we’ll break down how these assets work via rebases and walk through top example projects from today’s cryptoeconomy namely the RISE protocol.

What is Rise Protocol ?
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 Rise Protocol works
Rise Protocol runs on the Ethereum network, the worlds most popular Decentralized platform. 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.

Rise Protocol Featurs:
➤ 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.

What are Rise Protocol key advantages?
Rise Protocol has the unique ability to peg to any asset class or combination of assets. 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 peg.

Unlike any other rebase token around, Rise also incorporates frictionless yield generation to reward holders, auto-liquidity generation and auto-reward distribution for liquidity providers.

Other rebase tokens will remove tokens on a daily basis from your wallet if the token price is below peg. Rise Protocol has powerful deflationary mechanisms that increase in effect over time. If a positive rebase is not achieved 3 days in a row then a supply adjustment occurs to bring the price of Rise back to peg.

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.

What is 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, burnt and destroyed forever.
• 1.5%: permanently locked into liquidity.
• 1.5%: automatically distributed to liquidity providers.
• 1%: distributed automatically via frictionless yield to all holders.

There is a 3 % fee on all purchases. This is broken down into the following :
• 1%: sent to the black hole, burnt and destroyed forever.
• 0.5%: permanently locked into liquidity.
• 0.5%: automatically distributed to liquidity providers.
• 1%: distributed automatically via frictionless yield to all holders.

Token Rise Protocol (RISE) Information:
•Token: Rise Protocol (RISE)
• Blockchain: Ethereum
• Hard Cap: 375 ETH
• Total amount of pre-sale: 37,500 RISE
• Total initial stock: 100,000 RISE
• Start of pre-sale whitelisting: February 7, 2021, 20:00 UTC
• Pre-sale for whitelisting ends: February 7, 2021, 21:00 UTC
• Launch of public pre-sale: February 7, 2021, 22:00 UTC

Token allocation:
The token supply is distributed as follows:
• Pre-sale - 37.5%
• Initial Uniswap liquidity - 30%
• Seed investors (Tested for more than 1 month) - 20%
• Team fund (Tested for more than 2 months) - 5%
• Development & Marketing- 2.5%

Partner

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More information and join now at:

✔ Website: https://riseprotocol.io
✔ Litepaper: https://riseprotocol.io/rise_litepaper
✔ Telegram: https://t.me/RiseProtocolOfficial
✔ Twitter: https://twitter.com/RiseProtocol
✔ Medium: https://medium.com/@riseprotocolofficial
✔ Reddit: https://www.reddit.com/user/riseprotocolofficial
✔ Discord: https://discord.com

Author:
BTT Username: diopornogo
BTT Url: https://bitcointalk.org/index.php?action=profile;u=1505681
Telegram: @reogcrypto
ETH Address : 0x8166206CBe9f11b5b059812Fd88C57f7F1f6622d