EverRise, a blockchain technology company, is dedicated to making decentralized finance more accessible and secure. By creating a unique ecosystem of decentralized applications, EverRise offers investors and developers the necessary tools to enter the market with confidence.
In this article, we will cover the following topics:
– An introduction to EverRise (RISE)
– How EverRise (RISE) operates
– The EverRise ecosystem
– The Rise token
– Price forecast for EverRise (RISE) cryptocurrency
– Where to purchase RISE tokens
– Conclusion
What is EverRise (RISE)?
EverRise is a hyper-deflationary token that rewards investors for holding onto their tokens. It incorporates a buyback strategy similar to the stock market, making it the first cryptocurrency to introduce automatic buybacks. Just like when a company repurchases its low-valued stocks to boost investor confidence, EverRise encourages token holders to keep their tokens by implementing the concept of buying back the cryptocurrency.
How does EverRise (RISE) work?
EverRise utilizes its buy-back contract, named The Kraken, to maintain steady rewards for token holders. Similar to staking pools, EverRise rewards users for holding tokens and providing liquidity to liquidity pools.
To understand buybacks, consider a stock with potential but a low market value. When the company announces a buyback, it generates excitement in the market, driving up the stock price and giving holders the opportunity to earn profits. This creates a win-win situation for everyone involved.
EverRise applies this buyback concept to the cryptocurrency world with its RISE token. The EverRise contract charges a 6% fee on each transaction to fund buybacks. Once RISE tokens are repurchased on the open market, they are immediately burned. This mechanism limits the token supply, increasing its value and demand.
EverRise Ecosystem
EverRise offers several components within its ecosystem:
EverOwn: Provides security and decentralization solutions for projects by locking smart contracts and liquidity in a blockchain vault accessed through a community vote.
EverBridge: Integrates different blockchains, allowing seamless movement between networks at high speed. It enables tokens to be bridged across multiple blockchains with a consistent circulating supply.
EverSwap: Facilitates cross-chain transactions in the multi-chain DeFi space with fewer steps, lower fees, and faster transfers.
EverWallet: A companion wallet to popular decentralized wallets, such as MetaMask and Trust Wallet, that enhances security by storing tokens in a secure vault on the blockchain.
EverStake: EverRise’s staking platform that allows RISE token holders to stake their tokens and earn rewards from buybacks even after the lockout period ends.
EverMigrate: A secure platform for projects to upgrade their contracts and enable investors to exchange old tokens for new ones in a transparent transaction.
EverSale: A launchpad for pre-sales that leverages the EverRise ecosystem to offer tokens across multiple blockchain platforms efficiently and securely.
EverLock: An initial liquidity vault that uses community voting to maintain project flexibility and provide greater community protection.
Rise Token
The RISE token is a multi-chain secured cryptocurrency that serves as a utility token for cross-chain transfers and protects the ecosystem and holders through its buy-back and staking protocol. It exists on five blockchains, including Ethereum, BSC, Polygon, Avalanche, and Fantom.
The RISE token has a unique transaction fee structure. 2% of each fee is redistributed to token holders, 3% is used for marketing, and 6% is reserved for the strategic buyback fund. The buyback fund helps stabilize token prices and reduces the circulating supply of RISE tokens.
Price Forecast for EverRise (RISE) Cryptocurrency
Based on our crypto price prediction index, the price of EverRise is expected to reach a peak of $0.00263 in 2022. By 2023, it could reach a maximum level of $0.00507, with an average trading price of $0.00377. In 2025, the average price is predicted to be $0.00611, with a maximum price level of $0.00622.
Where to Buy RISE Token?
RISE tokens can be purchased on major cryptocurrency exchanges such as BingX, MEXC, LBank, and PancakeSwap (V2).
Conclusion
EverRise is leading the way in developing new security protocols and tools for project developers and DeFi holders. With its comprehensive ecosystem and innovative product offerings, EverRise empowers developers and brings security and protection to the forefront of decentralized finance.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial or investment advice. Investing or trading cryptocurrencies carries a risk of financial loss.