Rise Tokenomics

Treasury

For every $Rise token in circulation, there will be a backed value in a treasury that can be redeemed. For example, if there are 100 rise tokens in existence and 120 DAI in treasury, the value of every rise token will be $1.20. The goal is to continuously increase the DAI in the treasury and decrease the supply of $RISE. This will create an increase in value from both actions.

Revenue generation:

  • Protocol mints and sells $RISE when above peg and deposits DAI into the treasury with a profit. this raises the peg by increasing the DAI/$RISE ratio.

  • When $RISE liquidity is below peg, Rise is bought and burnt, further raising the peg.

  • Redemption has a 1% fee that burns $RISE

  • Treasury DAI is staked to earn further yields

  • (Undecided) The protocol is built on the Terra-Luna ecosystem and $RISE is used as gas which is burned. treasury stakes UST for 20% yield. This would mean that the $RISE token would increase in value by 20% minimum annually.

  • Low fee AMM swap fees go towards burning $RISE. What is the incentive to provide liquidity? Good question! Projects want to provide a liquidity pair with a token that has no downside voilatility that still increases in price.

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