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What Is TrustRise
TrustRise is a game of trust and solidarity, this is where the “trust” in TrustRise originates from. TrustRise is based on a principle called dynamic tokenomics within the smart contract. In TrustRise’s smart contract, dynamic fees are embedded which consist of automatic liquidity, prize pool & redistribution amongst holders:
Prize pool: To reward community members that take the extra step to grow the TrustRise community, a prize wallet will be introduced. The efforts of active and loyal community members will be rewarded in the $TRISE token.
Automatic Liquidity: Every trade with the TRISE token automatically contributes to a locked liquidity pool on PancakeSwap V2. This liquidity pool is locked until December 10, 2021.
Redistribution amongst holders: Every trade with the TRISE token automatically redistributes a percentage of the transaction to all current TrustRise holders. The more TRISE you hold, the more is being redistributed into your holding account.
How do Dynamic Tokenomics work?
To prevent major price swings in the first week, a high redistribution fee will be put into place (on selling) on top of the prize pool and automatic liquidity fee. This fee will remain the same for the first week. After the first week the redistribution will descend with 3% per day, as a result the total selling fee will also descend. This will make selling more tempting for holders and is essentially the challenging part of the game.
How Many TRISE tokens Are There in Circulation?
TRISE launched on the Binance Smart Chain with 12.500.000.000 tokens initially. 20% of this initial supply is already burned. 10% of all the available tokens are stored in the TrustRise marketing wallet which is fully unlocked and is used on proposal to improve brand awareness. 70% of the total supply goes to the public sale, this includes 43% to the presale, and 25% to PancakeSwap V2 liquidity. Any tokens that are not bought during presale, will be burned.
Who Are the Founders of TrustRise?
TrustRise is founded by a team of crypto enthusiasts. The team exists of 2 experienced blockchain developers, 1 front-end developer, 1 marketing expert and 2 social media experts. The team has a total of 5 years’ experience on the blockchain. On TRISE’s official website, information can be found that the team is KYC verified
Where Can I Buy TRISE?
TrustRise was available for presale from December 10, 2021 until December 12, 2021 on DxSale. TrustRise is available on PancakeSwap V2 (Binance Smart Chain) from December 12, 2021.
What Makes TrustRise Unique?
TrustRise aims to be a leader in the gamification of on-chain defi token-trading and aims to create a more fun, fresh and unique experience for users on the blockchain. TrustRise also aims to be a leader in community inclusiveness; a high level of involvement with its community is a mission TrustRise can conquer by creating a positive community environment and healthy price action. TrustRise will help facilitate the growth and awareness of the project alongside its community.
Related Pages:
Whitepaper: https://trustrise.net/whitepaper Twitter: https://twitter.com/trustrise_bsc Telegram Chat: https://t.me/trustrise Telegram Announcements: https://t.me/trustrise_ac