Introducing Rise Protocol - Project Review and why it's worth giving a shot

Hey there 👋, can I take a few minutes of your time to introduce you to a new trending project in the crypto sphere called Rise Protocol the world’s most advanced synthetic rebase token and how it addresses the issues with the current DeFi problems,LOL, I bet you're interested now, keep reading to find out more about this awesome project :).

So first let me start by explaining ,
What is Rise Protocol?
Rise Protocol is a decentralized synthetic rebase asset with built-in advanced financial tools that will allow it to work as a hedge against any crypto asset class.

It is the world’s most advanced synthetic rebase token pegged to Ethereum price of 0.01 ETH , Rise Protocol combines revolutionary tokenomics and features with the best and latest DeFi technology.
Smart contract has already passed audits by CTDSec (professional auditing firm) and Shappy from WarOnRugs.

I know for a fact that you would still like to know why Rise Protocol was created in the first place.
Why RiseProtocol?
After the success of many rebase tokens and innovative market progressions like frictionless yield generation, there's still one question that is been left unanswered by anyone.That question is "Why can’t there be a project combining the advantages of past projects into one, while learning from their pitfalls to derive the maximum long-term value for DeFi investors?"

Rise Protocol is undoubtedly the answer to this question that has been unanswered for a long time now, with their Rise token features which has all this advantages of all the past successful rebase token and even more advanced.

Here are the Key features of Rise token :

1. Rebase token :
   Since RISE is pegged to ETH price of 0.01, If price of RISE is above peg price at 20:00 UTC, supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallet. If the price of RISE is 5% below the peg price for 3 consecutive days at 20:00 UTC, supply of RISE will decrease.

2. Dynamic peg:
   RISE is Initially pegged to 0.01 ETH as I stated earlier, RISE has the revolutionary ability to peg to any asset, class of assets, or calculated metric in the future based on investor/market sentiment.

3. Frictionless yield:
   To be honest, I find this frictionless yield more interesting, cause a portion of each and every transaction (except buys) is instantly distributed to all holders, so you can get some RISE just by becoming a holder.

4. Supermassive Black Hole:
   This is another exciting feature of RISE token, there will be a publicly viewable burn address that accrues RISE through several mechanisms, scaling exponentially over time to provide incredibly powerful deflationary effects.

5. Auto-liquidity generation :
   This simply means a portion of each and every sell is permanently locked into liquidity.

6. Auto-distribution of liquidity provider rewards :
   This feature was put in place for liquidity providers, a portion of each and every sell is automatically distributed to liquidity providers.

Tokenomics :
Token ticker : RISE

Blockchain : Ethereum

Total Supply : 100,000

Conclusion :
Rise Protocol was built upon these four tenets which are Sustainable, Adaptable, Fair, and Secure. Every aspect of the token, presale, smart contract, etc. was created with these core values in mind.

In my next article I will talking about these four(4) tenets Rise Protocol was built upon, so watch out ;).

Anyway guys, this is where we part ways for today's project review, what do you think about this Rise Protocol, leave your thoughts in the comment box below, don't forget to give the article a like if you actually enjoyed it and also don't forget to follow me, so you won't miss my future posts :).
Thanks for your time, do have a nice day👋🙂.

Here are some Useful Links :
Website : https://riseprotocol.io/
Litepaper : https://riseprotocol.io/rise_litepaper/
Twitter : https://twitter.com/RiseProtocol
Telegram : https://t.me/RiseProtocolOfficial
Medium : https://medium.com/@riseprotocolofficial
Reddit : https://www.reddit.com/user/riseprotocolofficial

#Proof of authentication :
Forum Username : Traderbtcc
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=790538
ETH Address : 0x4E370Ab49a80B492152ADc155D02D6dd372137E1