Rise Protocol Launch Details!
Thank you to everyone for participating in the RISE presale! We raised 288 ETH, of which 250 ETH will be going directly into locked Uniswap liquidity. All unsold tokens will be sent to the Supermassive Black Hole (Burn Address).
Launch time: February 11th, 2021 20:00 UTC
Presale token distribution: February 11th, 2021 19:30 UTC
Initial Liquidity: 250 ETH + 25,000 RISE, ~$900,000 USD
Maximum Transaction Size (1st hour after launch): 500 RISE
- Initial liquidity will be LOCKED for one month. At the end of the month, frictionless yield and liquidity rewards accrued by team-provided liquidity will be withdrawn, and the remaining locked for another month.
- All RISE tokens gained by team-provided liquidity through frictionless yield and liquidity rewards will be burned (sent to Supermassive Black Hole).
- ETH gained by team-provided liquidity will be used to fuel marketing campaigns and development efforts.
- This will provide us with a massive monthly burn event, as well as steady stream of marketing funds in ETH.
- Liquidity will be LOCKED, and tokens distributed before the “enable trading” function is called. This ensures that once trading begins, everyone will have their allocated RISE tokens, and liquidity is already locked, meaning a 100% safe environment to trade in.
- After the first hour of launch, at 21:00 UTC, the maximum transaction size limit of 500 RISE will be removed.
- 5,000 team tokens are vested over a 2 month period.
- 20,000 seed investor tokens are vested over a 1 month period.
- Seed investors obtained RISE at a 10% discount or less.
We are incredibly excited to get this show on the road, are you ready?