Crypto volatility is a major problem in the crypto ecosystem and is responsible for slow adoption. This is a challenge that many crypto projects face by using different security mechanisms and stability mechanisms. Token redemption and burning are the best ways to ensure that token prices increase steadily and that market declines do not affect them.
EverRise, one of the most popular platforms, uses the token redemption/burn mechanism to ensure that RISE TokenEven in the event that the stock market crashes, the price of the token will remain stable. Token etching, a popular method used by many crypto projects, is used to reduce the supply of tokens and increase demand.
EverRise achieves this by using a repurchase contract called “The Kraken,” which automatically manages and initiates the repurchase periodically, to make token holding a lucrative opportunity for investors.
The Kraken gets its name from an ancient sea monster which swallowed all its competition. The EverRise Kraken is under the same umbrella, and aims for the best reward mechanism for token holder.
The Kraken acts like a safety net for RISE token owners and charges a 6% transaction charge. The Kraken charges a 6% transaction fee to redeem and burn tokens. This is done to reduce circulating supply. It will also increase demand for RISE due to its attractive features.
BuyBack is a great option because it stops crypto-whales initiating massive token dumps that can often cause the price of the tokens to drop. Additionally, a portion of the transaction fees is kept in the contract for future use during market crashes. Kraken’s strategic reserve is used to ensure a stable floor for RISE token owners, even when other currencies are struggling.
The Kraken Contract, a unique tool that eliminates crypto volatility, makes crypto investing more profitable and secure. EverRise offers token holders a 2% static reflect reward for every trade to sweeten the deal.
EverRise – The Hyper-Deflationary Token
EverRiseIt is a game-changing, hyper-deflationary token which introduces the concept to redeem cryptocurrency. The platform is a lucrative investment opportunity that rewards token holders with both static rewards or automatic burns.
The EverRise ecosystem is built on the RISE token. It serves as the foundation and helps to set new standards in DeFi tokenomics. EverRise integrates the stock market concept BuyBack into its buyout contract The Kraken to manage token inflation.
EverRise is a platform that helps investors, large and small, to relax about crypto investments without worrying about market crashes or whale manipulation. EverRise gives investors the knowledge and tools to feel confident about their investment, and ultimately encourages the adoption of crypto at large.
EverRise is a trusted platform that ensures security and credibility, while still providing a rewarding user experience. Multiple auditing platforms are used to audit the platform in order to verify that all protocols are functioning properly.
EverRise is expanding its ecosystem in order to add more decentralized apps to improve the platform’s utility. EverOwn is the first of these applications. EverOwn allows project leaders to temporarily give up ownership of their contracts and allow them to be voted back by the community.
EverRise will soon introduce EverWallet, a secure and decentralized vault that resides directly on blockchain. This will be followed by EverSwap and EverLock, and finally EverSale.
EverSwap, an application that allows users to trade (buy, sale, and transfer tokens) on PancakeSwap directly into and out of EverWallet. The platform will also include EverLock, a dApp that secures and protects digital assets, as well as EverSale which is an EverRise-powered launchpad for any presales.
The EverRise community continues to grow rapidly and has gained recognition and popularity among the crypto ecosystem. Learn more about EverRise by visiting EverRisecoin.com.