EverRise

EverRise

Introduction to RISE : Token The original buyback token powering the EverRise Ecosystem.

EverRise, launched on June 15th 2021, was the first token to bring the buyback to crypto. Since then, the buyback mechanism has become standard in the space with countless forks.

The RISE token is a multi-chain cryptocurrency token that powers the EverRise dApp ecosystem. The automated buyback function strengthens the EverRise liquidity pools while protecting all holders by regularly purchasing RISE tokens off the open market independently of team oversight or control, and rewards longterm holders by distributing those tokens to the staking pool.

The audited EverRise smart contract is secured with EverOwn, which ensures that changes cannot be made without the RISE stakers’ approval.

Future improvements and edits to the smart contract may be proposed through EverOwn, and may be implemented following a community vote from holders of veRISE, the RISE governance token. The smart contract never leaves the vault and changes are made with full transparency.

Powered by the technology of EverBridge, the RISE token is available on multiple blockchains (BNB Chain, Ethereum, Polygon, Fantom, and Avalanche) with one circulating supply shared across all chains and balanced liquidity pools. Holders can move their tokens to the chain of their choice. The goal: Unify DeFi with a protocol that secures and interconnects all blockchains.

The EverRise Protocol

The EverRise smart contract is a multi-chain token and on-chain utility NFT smart contract. EverRise shares one (1) circulating supply across all blockchains EverRise is available on.

The EverRise Ecosystem of dApps is therefore available to projects and holders on each of those blockchains. The EverRise ecosystem and token are fortified by the Auto-Buyback and Stake protocol, which purchases RISE tokens from the market and sends them to the staking rewards pool on the EverRise Staking platform. The 4% transaction fee collected for Liquidity Reserve (Auto-Buyback and Stake Protocol) is stored in the EverRise smart contract and is referred to as the buyback reserve.

The buyback reserve acts as a second liquidity pool, exchanging native coins for RISE tokens in the main liquidity pool. The EverRise buyback function is automatic based on the amount of blocks minted on the blockchain. The Auto-Buyback and Stake function serves one key purpose: fortifying liquidity pools across all chains.

When staking RISE tokens; the amount of tokens staked lock in the wallet for the time period of the stake, and the staker receives veRISE (vote escrowed RISE) which empowers them with governance votes on the EverOwn platform. The veRISE for each stake is held in a transferrable NFT (nftRISE); which if transferred the stake moves with it. A holder can create many stakes with many different start times; amounts and time periods.

The EverRise contract is coded to collect 6% in fees from all transactions (buys, sells, and transfers) across all blockchains.

• 4% for Liquidity Reserve (Auto-Buyback and Stake Protocol)

• 2% for Project Sustainability: Enhancements, Operations, and Marketing

EverRise (RISE) Overview

EverRise (RISE) Stats:

• Total Circulating Supply: 71,618,033,988 (~ 72 Billion)

• Burned: 0 (RISE has a fixed supply; periodic burns are under consideration if justified by market or tokenomic conditions)

• Blockchains Available: BNB Chain, Ethereum, Polygon, Fantom, and Avalanche

• Pairs: RISE/BNB, RISE/ETH, RISE/MATIC, RISE/FTM, RISE/AVAX

RISE Contract Address:

Polygon Network (RISE/MATIC): 0xC17c30e98541188614dF99239cABD40280810cA3

nftRISE (NFT Stakes)

This innovative feature locks staked rise tokens as an on-blockchain NFT. The contract address for nftRISE is the same across all blockchains.

nftRISE: 0x23cD2E6b283754Fd2340a75732f9DdBb5d11807e