Rise Protocol is the best solution for the DeFi industry

chandralyli (27)in #defi • 4 years ago

Hello all of you! New year with a new overview of new technology hehe :) Today I want to tell you about a very interesting blockchain project that caught my attention with new ideas and implementations - Rise Protocol!
These guys are trying to solve one of the main problems of blockchain technology, which turns it into a "turtle" and sometimes becomes a hindrance for developers trying to build their dApp on public. them. tool or tool - I am talking about the power of DeFi technology

About: Rise Protocol

Rise Protocol is a synthetic asset rebasing with unique ability to define any asset or asset combination.

A first among rebase tokens, Rise also the frictionless yield gain for prize holders, automatic liquidity creation and automatic reward distribution for liquidity providers, and a deflation mechanism that increases the effect over time .

How did Rise solve this problem on DeFi?

1. Continuous:
A unique powerful “Supermassive Black Hole” deflation concept that collects and burns tokens via 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 at the time of 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 lower the offer 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, which is 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.

The unique smart contract feature allows us to activate Uniswap trading once liquidity is added and the pre-sale token is distributed. This will give everyone their fair share of play once trading starts.

Maximum transaction size 500 Up for the first hour after Uniswap trading is activated, preventing sniping bots and creating a fair environment for regular traders / investors.

The sale and purchase tax helps 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 recall and crypto fraud).

No need to transfer your tokens to the address of the contract at stake to get the prize! 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.

What is the 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, burned and destroyed forever.
1.5%: permanently locked in liquidity.
1.5%: distributed automatically to liquidity providers.
1%: distributed automatically through frictionless yields to all holders.
There is a 3% fee on all purchases. This is broken down into the following:

1%: sent to the black hole, burned and destroyed forever.
0.5%: permanently locked in liquidity.
0.5%: distributed automatically to liquidity providers.
1%: distributed automatically through frictionless yields to all holders.

Token sale details

Rise Protocol is the world's most advanced token rebase. During the presale period, we are offering 1 RISE token at 0.01 ETH. A total of 37,500 RISEs are available for pre-sale. The minimum contribution per wallet is 0.5 ETH, the maximum contribution per wallet is 4 ETH. Please sign up for the whitelist as this will guarantee you an allocation in the pre-sale. The remaining RISE tokens from the whitelist presale, if any, will be offered in an open public presale 1 hour later.

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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Rise Protocol Team

• Shuaps - Technical Leadership, Project Management & Strategy
• PBL00 - Branding, Strategy & Development
• Jamie - Development, Audit & Strategy
• Andy - Website, Social Media & Community Manager
• Radinho - Website, Social Media & Community Manager
• CJ - Marketing
• CryptKeep3r - Website, Social Media & Community Manager

Everything looks great and progressing, considering the pretty strong team behind the project, as well as the advisors and funds

ROadmap

With this series of ideas, as well as the team and funding in hand, the project promises to create great success, for a public sale, in the conversation about the project, the questions are discussed vigorously. floating. Ask about product development that the team loves, and there is always an administrator ready to answer all of those questions.

If you want more technical information, I recommend reading the project whitepaper, I will leave all the links as usual below, goodbye everyone!

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