Topic: Missed EverRise? 🔼 – RiseUp just fair launched A Proprietary, Hyper Defli Token (Read 78 times)

RiseUp is a hyper-deflationary token, which rewards investors for holding tokens, while also incorporating the Buyback approach currently present in the stock market. RiseUp is the first cryptocurrency ever to include automatic Buyback. 💰



🎉**Just Fair Launched**🎉

Get it on PancakeSwap (v2)

https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x48671beff2b411b901cb09b06c0aa01a9f968d37



Contract:

0x48671beff2b411b901cb09b06c0aa01a9f968d37



RiseUp is currently establishing the new standard of DeFi tokenomics with their proprietary automatic buyback feature! 🔥 Remember when SafeMoon popularized the redistribution to holders feature we see being used today by almost all defi tokens? RiseUp is the NEW future of DeFi! 🚀





Why invest in RiseUp? How do these new Tokenomics work?



The proprietary buyback feature is achieved by using 6% of the 11% transaction tax to buyback coins from the liquidity pool automatically. The transaction is triggered after every sell, and this ensures that there will never be multiple sells in a row!



After the tokens from the Liquidity pool are bought, the new BNB amount is added to the pool and the amount of the tokens are reduced, which results in an increase in price. Once those tokens are burnt, it is like adding free BNB to the pool as there are no tokens to sell in the future.





Future Plans for the RiseUp Platform



One of the biggest issues legit new projects face is whether or not to renounce contract ownership… Many new projects feel the renouncing the contract early on will establish trust with the community and attract new buyers.



However, the decision to renounce contract ownership early on does not come without sacrifice… If the DEV team ever needs to access the contract for further development, they will not be able to update it.



**Our solution is the RiseUp platform! ** We will create a new contract, where ownership of any projects can be transferred to the RiseUp contract.



🟢 RiseUp will have no functions other than the ones which deal with ownership.



🟢 We will build a new dApp to interact with the RiseUp Platform.



🟢 Project owners can transfer their ownership free of charge. However, to re-claim the ownership, they must pay a fee along with the approved voting of the community. Investors will have the option to vote on the dApp, whether the owner is allowed to re-claim or not, and owners can transfer back the ownership the RiseUp contract after the issue is fixed.