Description
The RISE token is the utility token powering the EverRise ecosystem, a multi-chain cryptocurrency available on five blockchains: BNB Chain, Ethereum, Polygon, Avalanche and Fantom, with its own contract address on each (e.g. 0xC17c30e98541188614dF99239cABD40280810cA3). It is stabilized by an automatic buyback and staking protocol: a 5% fee on each transaction (buys, sells, transfers) is collected into Buyback Reserves, and a contract mechanism nicknamed "The Kraken" automatically repurchases RISE tokens from the market using those reserves, which are then distributed to a high-yield staking reward pool for holders who stake their tokens. RISE also serves as the transfer token for EverSwap's Native Coin Swap feature, powered by EverBridge technology, enabling native coin swaps at block speed across the supported chains. RISE can be acquired via EverSwap or chain-specific DEXs (Uniswap, PancakeSwap, QuickSwap, TraderJoe, SpookySwap). The token has undergone a migration from RISE v1 to RISE v3, with the page reporting 98% of total supply migrated as of the rendered snapshot. It is issued by EverRise, a company positioning itself as a Blockchain Security firm focused on DeFi safety, whose broader dApp suite (EverSwap, EverBridge, EverOwn, EverMigrate, EverRevoke, EverWallet, EverLock, EverLaunch, NFT Staking Lab) RISE powers as its native utility token.