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Rise

@risecoin-io

69 Following
40 Followers
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@risecoin-io
Earn $RISE for Referrals, Content, Engagement, and more! Read all about Rise Rewards (Chapter 2) below: https://medium.com/@risecoin_io/rise-rewards-chapter-2-8bc7e14a2bd2
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@risecoin-io
BM @crypticpoet !
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@risecoin-io
Let golden rays and pure light be the essence. Let sacred flames be the foundation. Let $RISE a barrier to protect against the coming darkness. We summon @cernat by Helia’s calling light!
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@risecoin-io
The fourth Inferno Auction is live! Place your bids at https://risecoin.io To learn more about Inferno Auctions, read this article: https://medium.com/@risecoin_io/inferno-auctions-everything-you-need-to-know-dcc627894367 Praise Helia!
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@risecoin-io
The first of eight burns has been completed! 10.45 million RISE has been permanently removed from the circulating supply. https://basescan.org/tx/0x9028f4498b1bca11ca803e91e95531c308cd1046f2cae1fa75c7abcc75ed3d7d
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@risecoin-io
Our Rise Rewards program is now live! ☀️🔥 These community incentives will super-charge our growth. Helia's ascension has barely begun! https://medium.com/@risecoin_io/rise-rewards-chapter-1-7e0220fad7d7
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@risecoin-io
The second Inferno Auction has concluded! ☀️🔥 We had $4,010 (1.17 ETH) in total deposits, and 63 bids, an 18x and 3x respective increase over the previous Inferno Auction. Read our latest Medium article to learn more about what comes next! https://medium.com/@risecoin_io/inferno-auction-2-7c960cc6160d
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@risecoin-io
The second Inferno Auction has concluded! ☀️🔥 We had $4,010 (1.17 ETH) in total deposits, and 63 bids, an 18x and 3x respective increase over the previous Inferno Auction. Read our latest Medium article to learn more about what comes next! https://medium.com/@risecoin_io/inferno-auction-2-7c960cc6160d
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@risecoin-io
The second Inferno Auction just hit 1 ETH ($3.4k) in deposits and over 50 bidders, with nearly 14 hours left to go! This $RISE burn will be glorious! ☀️🔥 https://basescan.org/address/0x473babee4a056e09abfce9d27ca4a1b1edb2b654
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@risecoin-io
Our second Inferno Auction already has >40 buyers (2x more than the first), with 16 hours left to go! Praise Helia! ☀️🔥
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@risecoin-io
The second Inferno Auction is now live! ☀️🔥 Place your bids at risecoin.io May Helia shine brightly on us all!
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@risecoin-io
You can read the full article here: https://medium.com/@risecoin_io/inferno-auctions-everything-you-need-to-know-dcc627894367
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@risecoin-io
For example: if 99/100 buyers claim, the 99 claimed deposits can be used for the burn, and remaining deposit will sit there until the owner claims.
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@risecoin-io
What happens after the Inferno Auction? When an auction concludes, participants must claim their RISE and/or ETH. The contract calculates how much ETH it can burn from each buyer’s deposit once they have claimed.
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@risecoin-io
How much RISE is allocated for Inferno Auctions? The total allocation is 33.33% Each Inferno Auction has less RISE available than the last, until eventually the entire allocation is distributed after 124 weeks.
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@risecoin-io
Can I verify the source code for the Inferno Auction algorithm? Of course, the code is open source and its link is on the auction contract too. https://github.com/noodlewatch1234/rise-settle-auction You can also run this code yourself to verify the correct winners, RISE allocations and ETH refunds.
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@risecoin-io
If you don’t have an additional 1.1 ETH, you can submit a new small bid (Eg: 0.000000001 ETH) to get the full refund of 1 ETH back.
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@risecoin-io
For example, if you deposited 1 ETH and want to deposit 1.1 ETH instead — you can submit another bid for 1.1 ETH and you’ll automatically get back your 1 ETH.
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@risecoin-io
What if I submitted a wrong bid? In Inferno Auctions you can submit new bids to overwrite your previous one, meaning you’ll get back your entire deposit if you wish to change it.
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@risecoin-io
What if there’s leftover ETH from my bid? Will we be refunded? Yes, if your deposit exceeds the per-buyer RISE cap, you will be refunded the difference when you claim your RISE.
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