Abstract
Cryptocurrency is a digital asset whose market development has been quite significant in recent years. Cryptocurrency is starting to attract global investors because of its features and potential. Because as is well known, cryptocurrency allows its users to be able to transact more quickly, safely, and anonymously. Cryptocurrency adheres to a decentralized system, meaning that no single entity regulates the circulation of cryptocurrency, everything is controlled by the token holder. These features make cryptocurrency a currency as well as a potential investment instrument in the future.
The development of cryptocurrency has reached the point where cryptocurrency can be implemented in the financial system. As we all know that decentralized finance, or better known as "DeFi" is a protocol that allows cryptocurrency to be implemented in a more complex financial system. DeFi allows people to maximize their profit on the crypto market which is known for its volatility. DeFi solutions such as swap, stake, yield farm, and loan are very helpful for crypto users.
Rise Protocol is part of the DeFi world. Rise Protocol is the world's most advanced rebase token with advanced financial tools. The Rise Protocol is pegged to Ethereum, which makes it more flexible and adaptable to any market situation. Rise Protocol is designed by combining technology and people, to create a strong and reliable protocol.
Rise Protocol: The Most Agile, Future Proof And Feature-optimized Synthetic Rebase Protocol
Like the slogan, the Rise Protocol is the most agile, future proof and feature-optimized synthetic rebase protocol. It's not just a claim, the Rise Protocol is just that. Rise Protocol is the world's most advanced rebase token with advanced financial tools. With this, Rise Protocol can work as a hedge against any crypto assets. The Rise Protocol is flexible, adaptable, and be dynamically pegged to any asset class depending on investor and market sentiment. This, making the Rise Protocol reliable and trusted.
Rise Protocol has a mechanism that will manage volatility through elastic supply. This means that the supply will be adjusted according to the parameters, if the price of Rise is above peg, then a rebase occurs, meaning that the user will get a token in their wallet. However, when the price is 5% below peg for 3 consecutive days, the number of tokens in the user's wallet will be reduced, but the token value will increase. Users don't need to worry because the total value of their assets remains the same, before and after the price adjustment.
Token holders will get rewards without having to do anything. Yield aggregation automatically sends a percentage of every transaction to all Rise holders. And liquidity providers will get automatic rewards according to their contribution. With a system like this everyone will benefit.
Rise Protocol Features
The Rise Protocol has a flexible price adjustment mechanism that can adapt to market conditions. Users will get Rise tokens just by holding them, without needing to do anything. This is what makes Rise Protocol the world's most advanced rebase token. Following are the features of the Rise Protocol:
Dynamic Peg: Rise Protocol will be pegged to 0.01Ethereum (ETH) with a lag factor system that prevents over-inflation.
Frictionless Yield: The system will automatically send tokens to the wallets of Rise token holders.
Revolutionary Hybrid Approach to Negative Rebases: This allows the Rise Protocol to reduce the number of negative rebases.
Supermassive Black Hole: This is a publicly viewable burn address that will receive a fixed percentage of RISE for each transaction.
Supply Adjustments: The system will adjust the supply of RISE tokens according to the parameters that have been set.
Liquidity Provider Rewards: Liquidity providers will get rewards according to their contribution.
RISE Token
RISE token is a token launched by the Rise Protocol. It is an ERC-20 Ethereum based token that will serve as an in-platform payment. It is planned that Rise Protocol will offer these tokens at 0.01 ETH per token. A total of 37,500 RISE is available for presale. The following are details of the RISE token sale program;
Hard cap: 375 ETH
Total presale amount: 37,500 RISE
Total initial supply: 100,000 RISE
Whitelist Presale Begins: February 7th. 2021, 20:00 UTC
Whitelist Presale Ends: February 7th, 2021, 21:00 UTC
Public Presale Begins: February 7th, 2021, 22:00 UTC
To conclude
DeFi is a sector that is growing quite significantly in the crypto market. According to the forecast of experts, that in the future the DeFi market will grow and develop. Rise Protocol is part of the DeFi world. It is the most agile, future proof and feature-optimized synthetic rebase protocol. Which has a flexible price adjustment mechanism and can adapt to market conditions. By only holding Rise tokens, users can get rewards and for liquidity providers, they will get rewards according to their contribution. Rise Protocol is a synthetic asset that is reliable and benefits all participants.
Connect with Rise Protocol
WEB: https://riseprotocol.io/
TELEGRAM: https://t.me/RiseProtocolOfficial
TWITTER: https://twitter.com/RiseProtocol
MEDIUM: https://medium.com/@riseprotocolofficial