The advancement of Blockchain technology has increased rapidly and many parties, especially local and private companies, are taking part in the blockchain industry. Blockchain technology is a technology for the era in the future, even most people believe that blockchain technology will be needed in the future. satoshi has created advanced technologies, such as secure payments, improvements in e-commerce, and all cryptocurrencies, bitcoin etc. One of the factors that plays an important role in the development of any platform is online transactions that are safe, reliable, easily accessible, and also transparent. Additional costs affect all industrial economies but now all this is possible because of blockchain solutions. The presence of the Rise Protocol can give you a huge advantage in the crypto market, with a promising concept, quality products, and an experienced team needed in the role of developing blockchain projects. lets join us!
About Rise Protocol
Rise Protocol is a decentralized synthetic rebase asset with advanced financial tools built in
which allows it to function as a hedge against any crypto asset class. The starting peg for Ethereum
(ETH) was chosen because of its basic importance in DeFi as a whole. This peg too
easy to digest, because investors have to buy RISE using ETH.
Rise Protocol manages price volatility through elastic supply, deflationary mechanisms,
frictionless results, and industry-leading governance. Combination of technology and
human contribution allows Rise to grow rapidly, but does not exceed demand or supply. So,
token symbol named - RISE.
Token Features.
Token.
RISE will be initially pegged to 0.01 Ethereum (ETH) and will use an initial lag factor of 5 to
help prevent over-inflation. Through governance, this lag can be adjusted in the future
providing further protection against sometimes wildly changing market conditions. One of
the revolutionary benefits of RISE is that it has the flexibility to be pegged to any crypto
asset. For example, through the use of governance, RISE can be pegged to BTC, XRP, a
calculated metric or any asset class. This level of control and response of a token is
revolutionary.
Frictionless Yield
Investors in RISE will also be the continuous beneficiaries of frictionless yield. This cutting-
edge technology instantly distributes a percentage of every buy and sell transaction back to
the wallet of all holders. This benefit is of no cost to the investor and happens automatically.
If you hold RISE you receive a portion of every transaction, just by holding the token.
Revolutionary Hybrid Approach to Negative Rebases
Through market research and observation, we’ve found that negative rebases have an
incredibly demotivating effect on investors. A negative rebase is where the supply of a token
decreases in response to a market price falling below the peg price. While negative rebases
are necessary in order to maintain the synthetic attribute of the token, and though no value is
lost during a negative rebase, many investors fail to understand this. They see their wallet
balance decrease, not realizing that the price of each token increased as a result, and panic
sell, leading to further negative rebases. This causes a cascading effect that is incredibly hard
to recover from.
Taking into consideration both the necessity and the detrimental effect that negative rebases
can have, we’ve decided to adopt a revolutionary hybrid approach that incorporates powerful
deflationary mechanisms. This is a first amongst rebase tokens and will allow us to greatly
reduce the number of negative rebases while also allowing time to effectively communicate
an impending supply contraction to our investors.
Supermassive Black Hole
Our first line of defense against a negative rebase is a “Supermassive Black Hole”. This is a
publicly viewable burn address that receives a fixed percentage of RISE for every transaction.
Each and every transaction will “feed” the Supermassive Black Hole. This address will also
grow through frictionless yield and will scale with rebases. As the Supermassive Black Hole
grows larger, the deflationary effects also grow larger, creating a feedback loop that
exponentially scales the deflationary effects over time.
Supply Adjustments
If, however, the market price is below 5% of the peg price for 3 consecutive days at 20:00
UTC, a “supply adjustment” will be triggered, which will instantly bring market price to peg
while reducing the supply of RISE. In addition to branding away from the “negative rebase”
terminology, which in itself has negative connotations, we will also be actively educating our
investors and providing a warning if a “supply adjustment” can occur during the rebase time
of 20:00 UTC that day. Investors will be fully aware and informed of an upcoming “supply
adjustment”, preventing a lot of the panic selling thatis witnessed in other rebase tokens.
Liquidity Provider Rewards
Liquidity providers will automatically receive a distribution of rewards. Like frictionless yield,
but only for those who choose to provide liquidity - a portion of each transaction will be
automatically be rewarded to liquidity providers. There is no need to interact with a staking
interface. Simply hold the LP tokens from Uniswap in your wallet, and you will see their value
go up over time.
Token sale details:
Hard cap: 375 ETH
Total number of presales: 37,500 RISE
Initial total supply: 100,000 RISE
White List Presale Begins: February 7. 2021, 20:00 UTC
Whitelist Presale Expires: February 7, 2021, 21:00 UTC
General Presale Begins: February 7, 2021, 22:00 UTC
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