EverRise (RISE) BuyBack rewards token profitable investment in 2022 : EverRise Crypto news
MONTREAL, CANADA | EverRise is a hyper-deflationary token that rewards investors for holding tokens. It also amalgamates the ‘buyback’ approach which is functional usually in stock markets. This feature makes it the first cryptocurrency in the cryptoverse to include automatic Buyback. For the uninitiated, it is important to understand the concept of Buyback to apply it here. Consider a stock that has low value in the current market. The stock has a potential bright future and could do better later, hence companies usually announce the buyback of stock in the open markets. When this happens, investor confidence in the stock surges and they end up purchasing more and holding them. EverRise now publishing everyday new and latest updates on their twitter handle and making new ideas for working on its $RISE to improve the quality of Holding liquadity. EverRise one of the most popular Stable Token to make a digital financial trading better and get reward by holdings of Their tokens.
All the protocol managing the all features about BuyBack, Burn, Rewards.
How is BuyBack Beneficial?
EverRise has a very simple yet powerful mechanism behind the concept. The crypto organization will collect a 6% buyback tax on each transaction that is stored inside a contract. Hence, when a selling action happens, a portion of the buyback amount will be used to buy tokens from the Liquidity pool. These tokens are burned immediately after purchase. This has 3 unique advantages:
- When the tokens are purchased from the liquidity pool, the new BNB amount is automatically added to the pool. This leads to a reduction in the amount of tokens resulting in an increase in price.
- Once the tokens are burnt, it equals adding free BNB to the pool. As a result, there are no tokens to sell in the future.
- Bearish markets can be scary for investors, but the automatic buyback that EverRise proposes fosters trust. 98% of the time, investors will not witness more than 2 sells in a row.
The token holders will benefit from static rewards and through the automatic buyback process which is in-built in the contract. When this function is turned on, the contract will automatically buy it back and burn the tokens after every sell action.
The Original Buyback Hyper-Deflationary Token
Breakdown of the transaction fee
|2%||Rewards redistributed on every transaction|
When the buyback function is turned on, tokens are bought back from the market, resulting in an immediate effect on the price.
The tokens bought through buyback are immediately burned. This creates a true burn and guarantees the price per token will increase every time a buyback is activated.
Holders are additionally “auto-staked” instantly receiving 2% of the transaction volume and they can watch their wallet grow in real-time.
Original Buyback Hyper-Deflationary token
The ecosystem is powered by $RISE. Some dApps need the users to hold $RISE in order to interact with them. EverRise token ($RISE) forms the cornerstone of the EverRise ecosystem.
Community Contract Ownership
EverOwn increases projects’ longevity by allowing renounced contract evolution with fixes and improvements through community voting. It also gives owners the ability to add a second owner to the contract.
Secured and Yours
EverWallet ensures that you and only you will have access to your tokens and without the additional concerns that arise from losing your hardware wallet, plus see accurate De-Fi prices.
Security First De-Fi Trading
EverSwap allows for investors to securely swap their tokens without ever having to remove them from the safety of EverWallet. Welcome to the future of De-Fi trading.
EverSale is a launchpad for any pre-sales powered by the EverRise Ecosystem. With EverSale, no tokens from the project will be collected as a fee ensuring projects are protected from presale dumps.
Community Powered Locking
EverLock is an initial liquidity locker that provides developers with a way to empower their community by utilizing community based voting for unlocking initial liquidity after an initial time period.
EverRise is establishing the new standard of DeFi tokenomics with its innovative Buyback and burn system and revolutionary use-cases.