Harum93: Rise Protocol

Hello everyone, how are you? If you are interested in joining the project, your RISE PROTOCOL should read information that will help you get information that can help you in seeing your vision and mission.

Cryptocurrencies continue to grow due to the nature of innovation and our commitment to continuous improvement. One way to think about it is to look at an example from the millions of apps that vendors like Apple or Google have. Many of them essentially do the same thing, but we end up with a lot of them. Imagine, for example, an app that streams music. They are not one, but hundreds. We love some and do not love others. However, many others continue to evolve over and over again.

That's what cryptocurrency is. For example, while we have cryptocurrencies with smart contracts that essentially work the same way, numbers continue to appear. What they do is tweak the elements in the protocol and promise the next revolutionary smart contract platform. Think of Ethereum as the best smart contract platform. There are now many token platforms that operate on the same type of network. NEO - Chinese Ethereum, Cardano - Japanese Ethereum, Stellar, EOS, to name a few, are competing to catch up with Ethereum. If you're still wondering why there are so many cryptocurrencies, think along these lines.

Since Bitcoin was so popular, many other coins have emerged. The main purpose of most cryptocurrencies is to provide a decentralized form of digital currency that can serve as an ideal alternative to traditional currency. Cryptocurrencies are built on blockchain. This provides developers with many opportunities to create different functionality for different cryptocurrencies. Blockchain is a technology open to everyone, that is; anyone can develop their own cryptocurrency as long as they understand blockchain.

No one really controls blockchain technology. Anyone who knows how this technology works can use it to develop their own virtual currency. Looking back at development, Satoshi Nakamoto was the first to use blockchain technology to create Bitcoin. But soon after, other developers realized that they too could use the same technology to develop a better "version" of the original.

It's tedious to research and control different coins or tokens at the same time and there is so much pumping and dumping going on. Especially if you need a different project for another and for another, which is time consuming.

The Rise Protocol is the world's most advanced rebase token. Although initially pegged to 0.01 ETH, Rise has the ability to adapt and dynamically peg to any asset class through management, depending on the investor and market sentiment. This provides a level of flexibility and adaptability never seen before.

The token is updated daily at 20:00 UTC. If the Rise price is higher than the peg, then due to the price elastic supply, a rebase occurs, which means that the holders will automatically receive more tokens in their wallets. If at 20:00 UTC the Rise price is 5% below the peg for 3 consecutive days, then the bid is adjusted. This decreases the number of tokens in your wallet, but increases their value. The total value of your wallet will be the same after adjusting the offer.

There are powerful deflationary mechanisms in place to maintain the value of the Rise before the supermassive black hole peg. This is the visible write address that grows over time due to dedicated burn from each transaction and unimpeded exit. The supermassive black hole is also scaled using rebasing. 1% of every sale goes to a supermassive black hole. As the Hole grows, the deflationary effects also intensify, creating a feedback loop that exponentially scales the deflationary effect over time.

By simply owning Rise Tokens, you will receive rewards directly to your wallet. Effortlessly hassle-free yield aggregation automatically sends a percentage of every transaction to all Rise holders. No gas is used and your wallet balance will automatically increase after each transaction.

Automatic distribution of rewards for liquidity providers. A percentage of each sale will be sent to the contract and automatically distributed among all liquidity providers. There is no need to stake your LP tokens. Just keep Uniswap LP tokens in your wallet to receive rewards. Automatic distribution will start when 100 Rise tokens are accumulated in the contract. This distribution will be flagged for the next transaction. The sender of this transaction will automatically be overcompensated in Rise Tokens for the additional gas cost.

Resilient, Adaptable, Fair and Secure”: These are the four principles on which the Rise protocol was founded. Every aspect of a token, pre-sale, smart contract, etc. has been created with these core values in mind.

Distribution of tokens:

Hard Cap: 375 ETH
Total Pre-Sale: 37,500 Rise
Total Initial Offer: 100,000 Rise
Start of Sales: Feb 7, 2021 22:00 GMT.