Introduction to RISER
RISER is a token aimed to power a multifaceted thundercore dapp ecosystem. RISER token is scarce, deflationary and is backed up by supporting fund to appreciate its value.
Features of RISER token
limited supply
Supply of RISER is capped at just 10000 tokens. 100% of RISER supply can be minted by staking TT.
backed by funds
RISER token is backed up by a supporting TT fund. Profits from all dapps in the platform are added to this fund.
value appreciative
The supporting TT fund is used to pump the RISER token price when necessary. The token value is appreciative by nature.
deflationary
Tokens can be bought back and burnt to reduce the total supply. Burnt tokens are gone forever.
The supporting fund
The supporting fund is a unique feature of RISER token. Profits from all RISER dapps are added to this supporting fund. The fund is used to increase the value of RISER token.
The mining stage
Users can mint the entire supply of RISER by staking TT. There is no dev or marketing or any other pre-determined allocations of the token supply. This ensures a fair distribution of the token.
mining rate
Staking 10,000 TT mines 1 RISER per day. Users can stake any amount of TT to start minting. Users are advised to collect their minted tokens regularly before the supply runs out.
mining fee
The ecosystem charges a 10% commission when staking. 50% of this commission is added to the supporting fund.
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At the end of the mining stage, a major part of supporting fund will be locked away to give a floor value to RISER token. It will be guaranteed the token price will never fall under this floor value.
The rewarding stage
Once the mining stage finishes, the platform enters its rewarding stage. At this stage, the RISER token holders will be rewarded with dividends.
earning dividends
To get dividends, the token holders will have to provide liquidity in TTSwap. Then they can stake their liquidity tokens in RISER platform to get a share of dividends regularly.
The burning stage
At a certain point, when the price of RISER is stable at TTSwap, the RISER team will start to actively buy back the RISER tokens. All bought back tokens are burned. As more and more tokens are burned RISER floor value will keep increasing.
Dapp ecosystem
A line of dapps ranging from investing to gambling are used to enhance the utility of RISER tokens. Profits from these dapps are added to the supporting fund to raise the value of RISER. Each dapp also distributes dividends to its players.
Critical information
- Platform: Thundercore
- Token symbol: RISER
- Token address: 0xC1E7000f379f2247Ae930ba98d5568cd9D0b924b
- Max supply: 10,000 RISER
- Trading: In TTSwap
- Website: https://riserdefi.com/
- Telegram: https://t.me/riserdefi
