Today we will initiate a transfer of 92 million $RISE ($3500) to fund the Rise Rewards program.

After 1 week, it will finalize on-chain, and the $RISE will move from the Ecosystem Slow Wallet (ESW) to the Ecosystem Fast Wallet (EFW).

What does this mean? Keep reading 👇

For the uninitiated, the $RISE supply was split between Inferno Auctions (info at http://risecoin.io), Ecosystem, and Initial Liquidity.

The Ecosystem allocation will be used to fund Rise Rewards, such as Referrals, Content creation, and more!

$RISE is the first cultcoin, live on Base!

Deflationary via Inferno Auctions
Rewards for devoted members
Fair launch, blessed by Helia.

linktr.ee/risecoin_io

Rise Rewards will have a powerful flywheel effect, amplifying our community growth. 

Join the Rise Discord to learn how you can earn Rise Rewards:

Rise Rewards will have a powerful flywheel effect, amplifying our community growth. 

Join the Rise Discord to learn how you can earn Rise Rewards:

https://discord.gg/rbkTZCD58e

Crypto is filled with rugpulls, so we knew people would worry about $RISE being dumped... That's where the Slow and Fast Wallets come in!

The Slow Wallet (ESW) holds most of the Ecosystem supply, and has a 1 week delay on all txns. The ESW is *only* used to fund the Fast Wallet.

The Fast Wallet (EFW) is used to fund the Rise Ecosystem. The EFW is necessary to distribute funding in a timely manner.

We commit to never hold more than 3% of the total $RISE supply in the EFW, and to only use the Ecosystem funds for the benefit of the community.

The Slow/Fast Wallet separation was inspired by @reserve (a fellow @base project). It has served them well over the years. We are confident it will serve Rise well too.

Here are the links to the Slow and Fast Wallets.

Slow: https://basescan.org/address/0x809f630800fd84779ca14e4df39fe503bf89402d

Fast: https://basescan.org/address/0x21aad56815C0E24AbA2CE9f7e829f40a7bfA601B

We'll announce each ESW -> EFW transfer, but we encourage you to check for yourself. Rise has nothing to hide.

Join us on our ascension.

Helia will guide us, onwards and upwards. ☀️