REVIEW RISE PROTOCOL 





Introduction

Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public keys and private keys are often used to transfer cryptocurrency between individuals. However, because it is not tied to any particular country, its value is not controlled by the central bank. With bitcoin, an example of the leading function of a cryptocurrency, value is determined by market supply and demand, meaning that it behaves like precious metals, such as silver and gold.
this time I will bring you a Rise protocol project, a platform that is promising and will certainly attract large market investments. let’s join us.






PREFACE

RISE PROTOCOL is a decentralised financial platform that is pegged and stabilized with Etherum to the rate of 0.01ETH. It is pegged to Etherum because of the importance and value of Etherum to the Defi system.

Other crypto assets are pegged to hard fiat currencies like the US dollar and other valuable commodities like gold. These currencies and commodities lose value easily due to the forces of demand and supply.

RISE protocol has a good management team that will employ their experience in the cryptosystem to achieve the goal of the platform. They will capitalise on the gains and improve on the shortfalls of existing Defi platforms and establish a strong, secured, viable and lasting Defi.


RISE PROTOCOL ACTIVITIES

TRADING OF RISE

RISE token is bought and sold on Uniswap exchange. The purchase of RISE token is task free, but the sale of RISE token has a 5% tax. The proceeds from the tax are used as deflationary mechanisms, reward Liquidity Providers (LP) and also fund the frictionless yield.


RISE TRANSFER

RISE token can be transferred among the holders in the RISE protocol platform, with a 2% tax.


FRICTIONLESS YIELD

This is an address set aside by the company to reward holders of RISE token. Tax benefits from RISE transactions are transferred to this address and allowed to accumulate over a period of time and then it is distributed to the wallets of RISE holders.


ELASTICITY SUPPLY

This is a measure adopted by the company to protect the value of the RISE token.
The price of RISE token is pegged and stabilized with Etherum (0.01ETH).
Supply adjustment is used to stabilize the price of RISE token when the price goes higher or lower than the pegged Etherum, with the supply of more or less RISE tokens as the case may be.





PROMOTIONAL/MARKETING FUND.

This fund is set aside for future promotional and marketing promotions in order to promote the company.


RISE TOKEN

RISE token is an Etherum ERC 20 based token. It is the official token of RISE protocol platform, and will be used in all transactions on the platform.

The company will supply a total of 100.000 RISE tokens for the project. 37,500 is allocated to Presale, 30,000 to Uniswap LP, 25,000 for seed investment, 5,000 allocated to the management team and 2,500 for development and marketing.The RISE token has some unique features that ensures its liquidity and durability. They are;


Dynamic Peg

RISE token is primarily pegged to 0.01 Etherum and has the capacity to be pegged to any other crypto currency such as Bitcoin. It also has a lag factor which will help to protect its value against market conditions.


Liquidity Providers Rewards

The providers of liquidity to the RISE platform are rewarded with RISE tokens and also receive a distribution of the frictionless yield which is sent to their wallets in real time.


Supermassive Black Hole

This is a fund set aside to tackle negative rebase situations. It receives a fixed percentage of RISE transactions and a portion of the frictionless yield. This fund address is open to public scrutiny and the company falls back to it to correct negative Rebase. As it grows, the company has a hedge to withstand deflationary effects over time.


Frictionless yield

This is a fund created to reward holders of RISE token. It is fed with tax charges on RISE transactions on Uniswap and distributed to the RISE holders in real time.


Supply Adjustment

The value and liquidity of every crypto currency depends on its ability to withstand market volatility and forces of demand and supply.

RISE protocol designed a measure of protecting the price and value of RISE token against the market forces by adjusting the supply of the tokens whenever there are differences between the price and the peg.

This measure helps to stabilize the price of RISE token and ensure its liquidity and sustainability.


CONCLUSION

RISE protocol is a decentralised crypto Exchange platform that is anchored on 0.01Etherum. Its token has some unique and outstanding qualities that gives it a hedge against every other crypto tokens and also ensures its liquidity, sustainability and good rewards to the investors.


Get a RISE token and RISE continuously.



For more information about the Rise Protocol Project, please click on the links below:

Website: https://riseprotocol.io

Litepaper: https://riseprotocol.io/rise_litepa

er/

Twitter: https://twitter.com/RiseProtocol

Announcement channel: https://t.me/RiseProtocolAnnouncements

Telegram: https://t.me/RiseProtocolOfficial

Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=5317561.0

Reddit: https://www.reddit.com/user/riseprotocolofficial

Medium: https://medium.com/@riseprotocolofficial

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AUTHOR:tonojack80

Profile bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=3122847

ETH: 0x9544b3D592eA7816BF967aB5c184F9aE524caF36

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