What is EverRise (RISE)?
RISE is the native hyper-deflationary token of EverRise, which is a DeFi project that focuses on developing multi-chain solutions for other DeFi projects. Aside from the RISE coin, EverRise has numerous dApps that provide users and projects with these solutions. The following are the main ones:
- EverRevoke. It allows users to control access to their wallets.
- EverOwn. It allows users to lock their smart contracts under a governance system similar to a DAO. This way, projects can build transparency and become fully decentralized.
- EverBridge. It allows users to transfer tokens cross-chain.
- EverWallet. It is an extra layer of security that can be added to other crypto wallets.
- EverSwap. It is a cross-chain token swap.
- EverMigrate. It allows users to make one-click transactions of tokens.
- NFT Staking Lab. It allows users to stake RISE coins. Besides, the stakes on this dApp come in a form of an NFT, which makes them tradeable.
- EverLock. It allows developers to lock their initial liquidity under a governance system similar to a DAO.
- EverLaunch. It is a multi-chain launchpad for new projects.
Check out the EverRise price chart above. It features the latest movements in the RISE price.
Use Cases of RISE
The RISE token serves as the backbone of the EverRise network. It secures the ecosystem and provides cross-chain utility. In terms of securing the ecosystem, since RISE employs an automatic buy-back-and-burn mechanism, the RISE price tends to remain relatively stable and outperform other currencies during market downturns. This helps to keep the whole EverRise ecosystem stable as well.
Also, the Native Coin Swap mechanism of EverSwap uses the RISE coin for transferring tokens across chains. This functionality is backed by EverBridge's backend tech and allows users to trade native currency at block speed over any chain where the RISE coin is available
Additionally, the participants of the EverRise network are rewarded with RISE tokens.
Don't forget to check the current RISE price on the live EverRise price chart above.
Who Founded EverRise?
There is no reliable information available on who founded the EverRise crypto project.
Tokenomics of RISE
The max supply of EverRise tokens is 71,618,033,988. Besides, as mentioned before, it is a hyper-deflationary asset. This is because it uses an automatic burning mechanism. EverRise collects a 6% fee on each transaction and uses it to buy back RISE tokens and burn them immediately. This approach contributes to limiting token supply while increasing the RISE price and demand.
You can see the live RISE price, total supply, trade volume, and other metrics in our graphs above.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
79.54K
Followers: 79,547
0.09%
Following
267
0.00%
Posts count
6,714
0.13%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
10.38K
Subscribers: 10,389
0.01%
Subreddit type
public
Moderators
10
0.00%
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
11.32K
Members: 11,324
0.19%
Title
EverRise Community (Official)
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
49 / 100
2.00%
Ahrefs Rank
693,682
7.65%
Organic Traffic (mo.)
1,638
0.00%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
13
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
-
Watchers
-
Forks
-
Language
-
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