Crypto is very good for the future in securing transactions, very easy to use. But besides that, Crypto also has an offering, one of which is an ICO (Initial Coin Offering). An initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding, however a private ICO which does not seek public investment is also possible. In an ICO, a quantity of cryptocurrency is sold in the form of (“tokens”) (“coins”) to speculators or investors, in exchange for legal tender or other (generally established and more stable) cryptocurrencies such as Bitcoin or Ethereum. The tokens are promoted as future functional units of currency if or when the ICO’s funding goal is met and the project successfully launches. This time I will discuss one project that has great potential for the Crypto market, namely Rise Protocol.
ABOUT RISE PROTOCOL
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.
RISE PROTOCOL FEATURES
Token Rebase | Token Rebase was originally pegged to Ethereum with a strong “Supermassive Black Hole” deflation mechanism.
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.
ROADMAP
- The Idea and Concept | November 2020 — the project idea is born. Plans are drawn up and smart contracts are created.
- Beta Testing | Dec 2020 — Extensive testing on Ropsten testnet to ensure everything down to the smallest detail works as designed.
- Token Presale | Jan 2021 — Seed investors sale followed by a presale in February 2021 with 37,500 RISE on offer.
- Code audit and go live | Feb 2021 — Professional code audit and launch of Rise Protocol on Uniswap
- Q2 Enhancements | Q2 2021 — Introduction of Governance Platform. New partnership announced to create additional transactions, utilizing frictionless yield.
- Q3 Enhancements | Q3 2021 — Implement Chainlink Price Oracles to further enhance the adaptable and dynamic peg function. Further enhance rebase dashboard to pull in additional feeds.
TOKENOMICS
Symbol : RISE
Total RISE : 100k
Presale : 37.5k
Seed Investment : 25k
Uniswap LP : 30k
Team : 5k
Development &
Marketing : 2.5k
Additional Information
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
PLATFORM OPERATION
Buying RISE | There is no tax on purchases.
Transferring RISE | However, there is a 2 % tax on transfers of RISE. This tax is used to provide frictionless yield to RISE holders and incentivize long-term holding.
Transaction tax % breakdown | 2% goes to frictionless yield that is distributed to all holders in real time.
Selling RISE | There is an 5% tax on all Uniswap sells. In a manner similar to the tax on purchases — the selling tax is used as a deflationary mechanism, as well as to fund liquidity, reward LP providers and finance the frictionless yield that continues to be a benefit to all holders.
Selling tax breakdown:
- 1% is burned forever being sent to the “black hole” or burn address.
- 1% is permanently locked into liquidity.
- 1% is automatically distributed to liquidity providers. LP rewards accrue in the contract address until it reaches 100 RISE tokens where the next transaction will trigger the distribution. No action is required by the LP provider.
- 2% goes to frictionless yield that is distributed to all holders in real time.
TOKEN SALE DETAILS
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.
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
Rise Protocol Team
Shuaps — Technical Lead, Project Management & Strategy
PBL00 — Branding, Strategy & Development
Jamie — Development, Auditing & Strategy
Andy — Website, Social Media & Community Manager
Radinho — Website, Social Media & Community Manager
CJ — Marketing
CryptKeep3r — Website, Social Media & Community Manager
Partner:
If you are interested RISE PROTOCOL, Buy the RISE token !
Rise Protocol is a fully compliant ERC20 token on the Ethereum network which can be purchased on Uniswap Exchange starting on February 11th, 2021 20:00 UTC.
More Information
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
Hastag: $RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards
Author
Username: mbe48
Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=989078
