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EverRise is a blockchain technology company. Its smart contract is a multi-chain token and on-chain utility non-fungible token NFT smart contract. It shares one circulating supply across different blockchains that it is available on. Therefore, the EverRise Ecosystem of decentralized apps is available to projects and holders on each of those blockchains.
The EverRise ecosystem and token are powered by the Auto-Buyback and Stake protocol, which buys RISE tokens from the market and sends them to the staking rewards pool on the staking platform. A 4% transaction fee is collected for the liquidity reserve, and it is stored in the EverRise smart contract and is called the buyback reserve.
Launched on June 15, 2021, the EverRise token is a multi-chain, collateralized cryptocurrency that powers the EverRise dApp ecosystem. The token is available on different blockchains like BNB Chain, Ethereum, Polygon, Fantom, and Avalanche with one circulating supply distributed across different chains and balanced liquidity pools. Holders are able to move their tokens to the chains.