Sunday, March 14, 2021

Riseprotocol

 Cryptocurrencies are constantly improving because of the nature of innovation and our desire for constant improvement. One way to think about this, is to look at examples of the millions of apps owned by providers like Apple or Google. Many of them do basically the same thing, but in the end we still have a lot of them. Imagine an application that streams music, for example. Not one, but hundreds. We love some and dislike others. However, many others continued to be developed, time and time again.

This is what cryptocurrency looks like. For example, even though we have cryptocurrencies with smart contracts that work essentially the same way, more and more keep popping up. What they're doing is changing the elements in the protocol, and promising the next revolutionary smart contract platform. Think of Ethereum as the best platform for Smart contracts. There are now multiple platforms with tokens running the same type of network. NEO - Chinese Ethereum, Cardano - Japanese Ethereum, Stellar, EOS and a few of them, are all competing to catch up with Ethereum. If you are still wondering why there are so many cryptocurrencies, think about it this way.

With Bitcoin being so popular, many other coins have sprung up. The main aim of most cryptocurrencies is to provide a decentralized form of digital currency that can serve as a perfect alternative to traditional currencies. Cryptocurrency is built on the blockchain. This provides developers with many opportunities to create different functions for different cryptocurrencies. Blockchain is an open technology for all, that is; anyone can develop their own cryptocurrency if they know their way around the blockchain.

Nobody really controls blockchain technology. Anyone with knowledge of how technology works can use it to develop their own virtual currency. Looking back at its development, Satoshi Nakamoto was the first to use blockchain technology to create Bitcoin. But soon after, other developers realized that they too could take advantage of the same technology to develop better "versions" of the original. It's very tedious to research and monitor multiple coins or tokens at once and a lot of pumping and dumping is going on. Especially if you really want another project to another and another that is time consuming.

Main feature



  • Token Rebase: If the RISE price is above the benchmark price at 20:00 UTC, the supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallets. If the RISE price is 5% below the stake price for 3 consecutive days at 20:00 UTC, the supply of RISE will decrease.
  • Dynamic pegs: Initially pegged to 0.01 ETH, RISE has the revolutionary ability to peg an asset, asset class or future calculated metric based on investor / market sentiment.
  • Frictionless results: A portion of every transaction (except purchases) is instantly distributed to all holders.
  • Automatic liquidity generation: A portion of each sale is permanently locked in liquidity.
  • Automatic distribution of liquidity provider rewards: A portion of each sale is automatically distributed to the liquidity providers.
  • “Supermassive Black Hole”: Addresses the publicly visible combustion that generates RISE via multiple mechanisms, scaling exponentially over time to provide a particularly strong deflationary effect.
  • “Sustainable, Adaptable, Fair and Safe”: these are the four principles on which the Rise Protocol builds. Every aspect of tokens, presales, smart contracts, etc. Created with these core values in mind.

Many other DeFi projects sacrifice one or more of these values, creating scenarios such as extremely unfair returns for early private investors, or generating brief, transient hype, or creating rigid contracts that lack the ability to adapt or change to a different crypto. continues to grow. markets, or contracts that are subject to exploitation.

How did Rise solve this problem on DeFi?



1. Continuous:

  • The unique strong “Supermassive Black Hole” deflation concept that collects and burns tokens through a variety of different methods. Effects scale exponentially over time.
  • Automatic liquidity generation that permanently locks a portion of each transaction into liquidity, creating a growing sales floor.
  • Initial rebase lag of 5. This means that if the RISE price when the rebase exceeds 100% of the target price, then we will receive a rebase of 20% (100% divided by 5).
  • “Supply Adjustment” which will increase the RISE price, but decrease the bid if the market price is below 5% of the target price for 3 consecutive days during the rebase time.

2. Adapt:

  • Increments have the revolutionary ability to define assets, calculated metrics, or asset classes. Originally pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be changed in the future through governance based on investor / market sentiment.
  • Smart contracts are coded so that each parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. All of them have customizability. This gives RISE the ability to continually adapt and change based on market conditions.

3. Fair:

  • The pre-sale price is 0.01 ETH, the same as the launch price of Uniswap.
  • Early investors earn Rise at 10% below launch price. However, 80% will be given for 1 month.
  • Unique smart contract feature allows us to activate Uniswap trading once liquidity is added and pre-sale tokens are distributed. This will give everyone their fair share of play once trading starts.
  • Maximum transaction size of 500 Up for the first hour after Uniswap trading is activated, preventing sniping bots and creating a fair environment for regular traders / investors.
  • Sales and purchase taxes help prevent coordinated price manipulation. A portion of this tax is distributed instantaneously via frictionless proceeds to all holders based on ownership.

4. Safe:

  • Rise's contracts have been audited by CTDSec (a professional smart contract auditing firm) and by Shappy of WarOnRugs (a highly respected community owner whose goal is to prevent rug pulling and crypto fraud).
  • No need to transfer your tokens to the contract address at stake to earn rewards! Frictionless results allow you to store tokens in your own wallet for maximum security. You can see your balance growing with each transaction.
  • If you choose to provide liquidity, you will be rewarded through the automatic distribution of liquidity prizes. Again, there's no need to send your LP token into a separate betting contract, just hold your LP token in your own wallet and watch its value increase over time.
  • Liquidity provided by the initial team will be locked before Uniswap trading is activated.

Introducing The Rise Token



Rise Protocol is the world's most advanced token rebase. Although initially pegged at 0.01 ETH, Rise has the ability, through governance, to adapt and dynamically be pegged to any asset class depending on investors and market sentiment. This allows for an unprecedented level of flexibility and adaptability.

  • The token adjustment occurs every day at 20:00 UTC. If the price of Rise is above the stake, then because of the price elasticity, rebase occurs, meaning that the holder will automatically receive more tokens in their wallet. If at 20:00 UTC the Up price is 5% below the benchmark for 3 consecutive days, then a supply adjustment occurs. This reduces the number of tokens in your wallet, but increases their value. Your total wallet value will be the same after inventory adjustments.
  • A powerful deflation mechanism is in place to maintain the Rise value pegged with the introduction of the Supermassive Black Hole. It is a viewable burn address that increases in size over time through a custom burn of each transaction and the results are frictionless. Supermassive black holes also scale with rebases. 1% of every sale goes to the Supermassive Black Hole. As the Hole grows bigger, the deflationary effect also grows bigger, creating a feedback loop that exponentially scales the deflationary effect over time.
  • Only by owning a Rise token, you will receive a gift directly to your wallet. Easy, frictionless yield aggregation automatically sends a percentage of each transaction to all Rise holders. No fuel is used, and your wallet balance will automatically increase after each transaction.
  • Automatic distribution of prizes for liquidity providers. A percentage of each sale will be sent to the contract, and automatically distributed to all liquidity providers. No need to stake your LP token. Just hold the Uniswap LP token in your wallet to receive the prize. Automatic distribution will be triggered once the contract earns 100 tokens Up. This distribution will be tagged to the next transaction. The sender of this transaction will automatically be overcompensated in Rise tokens for additional gas costs.

“Sustainable, Adaptable, Fair and Safe”: these are the four principles built on the Rise Protocol. Every aspect of tokens, presales, smart contracts, etc. Created with these core values in mind.

TOKEN DISTRIBUTION



  • Initial total supply – 100,000 RISE
  • Presale – 37,500 RISE
  • Initial Uniswap Liquidity – 30,000 RISE
  • Seed investors (vested over 1 month) – 25,000 RISE
  • Team funds (vested over 2 months) – 5,000 RISE
  • Development & Marketing – 2,500 RISE

PRESALE DETAILS



Price: 1 ETH = 100 RISE

Whitelist registration will open on February 4th, 2021 20:00 UTC.

Whitelist link will be posted on our official Twitter and Telegram channels.

You must complete all tasks on the whitelist registration form in order to be accepted into the whitelist! The team will be reviewing every application to validate. The whitelist will close once 375 ETH have been pledged.

Make sure to register for the whitelist to guarantee an allocation in the presale! A public presale will not occur if all 375 ETH is pledged, and all whitelisted wallets contribute their pledged amounts.

  • Minimum pledge = 0.5 ETH, Maximum pledge = 4 ETH

Presale will take place across 2 rounds starting on February 7th, 2021 20:00 UTC, with the first round dedicated to those on the whitelist.

  • Round 1

(20:00 UTC – 21:00 UTC) – Whitelisted wallets only.

Whitelisted wallets will have 1 hour starting on February 7th, 2021 20:00 UTC to send in their pledges. Once the contribution period ends, transactions and wallets will be validated to ensure wallet addresses and contributed amount matches the whitelist. Any unclaimed RISE from the whitelist will then be available in a first come first served public presale.

  • Round 2

(22:00 UTC) – Public presale.

Any unclaimed RISE from the whitelist allocations will be made available to a public presale on a first come first served basis.

  • LAUNCH DATE/TIME:

RISE will launch on Uniswap and trading will be enabled on February 11th, 2021 20:00 UTC.

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

For more information about this project you can see it below:



Username: Hasan986

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1072443

Wallet Address: 0x478C1358706c4F04dfdf34218585f306cEa8f5ac

No comments:

Post a Comment