Rise Protocol
Rise Protocol! Project Overview and Presale Details.
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The world’s most advanced synthetic rebase token, Rise Protocol combines revolutionary tokenomics and features with the best and latest decentralized finance (DeFi) technology. Smart contract has already passed audits by CTDSec (professional auditing firm) and Shappy from WarOnRugs.
How does Rise address these issues in DeFi?
1. Sustainable:
● Powerful and unique “Supermassive Black Hole” deflationary concept that accrues and burns tokens through various different methods. Effects scale exponentially over time.
● Auto-liquidity generation that permanently locks a portion of each transaction into liquidity, creating an ever increasing sell floor.
● Initial rebase lag of 5. This means that if the price of RISE at time of rebase is 100% over the target price, we will receive a rebase for 20% (100% divided by 5).
● “Supply adjustment” that will increase the price of RISE, but decrease the supply if the market price is below 5% of target price for 3 consecutive days during the rebase time.
2. Adaptable:
● Rise has the revolutionary ability to peg to any asset, calculated metric, or asset class. Initially pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be altered in the future through governance based on investor/market sentiment.
● The smart contract was coded so that every parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. all have the ability to be adjusted. This gives RISE the ability to constantly adapt and change based on market conditions.
3. Fair:
● Presale price will be 0.01 ETH, same as the Uniswap launch price.
● Seed investors acquired Rise at 10% below launch price. However, 80% will be vested over the course of 1 month.
● Unique smart contract feature allows us to enable Uniswap trading after liquidity has been added and presale tokens distributed. This will give everyone a fair playing ground once trading begins.
● Maximum transaction size of 500 Rise for the first hour after Uniswap trading is enabled, preventing bot sniping and creating a fair environment for regular traders/investors.
● Buy and sell tax helps prevent coordinated price manipulation. A portion of this tax is distributed instantly through frictionless yield to all holders based on holdings.
4. Secure:
● The Rise contract has passed audits by CTDSec (a professional smart contract auditing firm) and by Shappy from WarOnRugs (highly respected owner of a community aimed at preventing rug pulls and scams in the crypto-sphere).
● No need to transfer your tokens to a staking contract address in order to earn rewards! Frictionless yield allows you to hold your tokens in your own wallet for utmost security. You can watch as your balance grows with each and every transaction.
● If you choose to provide liquidity, you will be rewarded through auto-distribution of liquidity rewards. Again, no need to send your LP tokens to a separate staking contract, simply hold your LP tokens in your own wallet and watch as their value increase over time.
● Initial team provided liquidity will be locked before Uniswap trading is enabled.
KEY FEATURES:
1. Rebase token.
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.
Initially pegged to 0.01 ETH, 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.
A portion of each and every transaction (except buys) is instantly distributed to all holders.
4. Auto-liquidity generation.
A portion of each and every sell is permanently locked into liquidity.
5. Auto-distribution of liquidity provider rewards.
A portion of each and every sell is automatically distributed to liquidity providers.
6. “Supermassive Black Hole”.
Publicly viewable burn address that accrues RISE through several mechanisms, scaling exponentially over time to provide incredibly powerful deflationary effects.
“Sustainable, Adaptable, Fair, and Secure”: these are the four tenets that Rise Protocol was built upon. Every aspect of the token, presale, smart contract, etc. was created with these core values in mind.
Many other DeFi projects sacrifice one or more of these values, which creates scenarios like ridiculously unfair advantages for early private investors, or generating short lived and temporary hype, or creating a rigid contract that has no ability to adapt or change to the ever evolving crypto market, or a contract that is subject to exploits.
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.
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
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
Official Resources:
AUTHOR
Bitcointalk Username: Karim Benzema
Wallet address: 0x80f5c3c289e82e1413af4fe8af3524a9943a0054
