EverRise FAQ

EverRise is a blockchain technology company building bridging and security solutions to create a safer space in DeFi.

The EverRise Ecosystem comprises a suite of dApps powered by RISE, providing multi-chain security solutions for projects and individuals in the DeFi space. EverRise has released 6 dApps: EverOwn, EverBridge, EverSwap, EverMigrate, EverRevoke and the NFT Staking Lab available to both holders and projects.

Coins are the native asset of a blockchain. $RISE is a token because it currently resides on Ethereum, BNB Chain, Polygon, Avalanche, and Fantom networks as an utility token.

The Rise Token must be held in order to use the ecosystem of dApps. With EverOwn, only the project must hold the Rise Token. The RISE token is not required to vote to unlock the contract.

Follow EverRise on Twitter, Facebook, Instagram, YouTube and the EverRise e-mail newsletter to stay up to date with everything going on with EverRise. You can also join in the discussion with other RISE holders on Telegram, Discord,  and Reddit.

Decentralized finance, or DeFi, is an alternative to traditional financial systems, open to anyone, powered by the blockchain. DeFi takes out the middleman and gives individuals more control over their finances.

Decentralized applications, or dApps, are applications with code on the blockchain. dApps run on smart contracts that have been deployed to the blockchain and are not subject to any centralized, controlling party. Anyone is able to interact with dApps at any time from any device with an internet connection.

You can get RISE on the following DeFi Exchanges: EverSwap (Multi-Chain), PancakeSwap (BNB Chain), UniSwap (Ethereum), QuickSwap (Polygon/Matic), TraderJoe (Avalanche) and SpookySwap (Fantom).

EverRise's contract wallet (nicknamed The Kraken) can be deployed during times of uncertainty to add more stability to the price of RISE. In ordinary markets, this is executed in the form of stock repurchase and EverRise was the first to bring it to the crypto market. This gives RISE Tokenholders more confidence that their investment will retain its value even in a market downturn.

Since EverRise was originally built on BNB Chain and is used to power our suite of dApps, RISE is a token. Coins are built on their own blockchains and are used primarily in processing transactions (Think Bitcoin or Litecoin)

Transfers of the RISE token on EverBridge are not subject to the transaction fee. You only pay gas fees which are calculated by the blockchains depending on congestion.

Currently, only RISE. We will be adding the native coins transfers (BNB, ETH, and MATIC) in the Q4 2021 - Q1 2022.

If you are interested in transferring other tokens using EverBridge, talk to the developer of the project! We can work with them to get their project up and running to take advantage of access to multiple blockchains.

EverOwn acts as a locker holding the smart contract on the blockchain. No one will have access to the smart contract. While a contract is locked on EverOwn, you will be able to initiate a vote to regain control of the smart contract

The EverOwn voting process will be a minimum of 24 hours to enable as many holders as possible the chance to vote.

The EverOwn dApp page lists all projects currently enrolled in EverOwn. From there you can see the status of the contract whether it is locked or not. Projects not listed on the EverOwn dApp page are not currently registered with EverOwn.

There is a 10,000:1 token consolidation during the move from EverRise v1 to EverRise v2. You can divide the number of v1 tokens you have by 10,000 to see how many v2 tokens you will receive. The total v2 supply is consolidating to around 72 billion.

There is no transaction tax when migrating your tokens using EverMigrate but you will need to pay standard gas fees in order to initiate the transaction. All of the v1 tokens you send will be converted to v2 tokens.

If you missed the initial release of EverMigrate, don’t worry, EverMigrate will be open indefinitely. Whether today, or a year from today, you will always be able to migrate EverRise v1 tokens to EverRise v2 tokens.

Upon launch, EverLaunch will be available on Ethereum, BNB Chain, Polygon, Avalanche, and Fantom networks.

After our own launch of the RISE Token simultaneously on three chains with one circulating supply, we want to make this a feature included at EverLaunch. With EverLaunch, projects will be able to launch simultaneously on two or all of the following chains: Ethereum, BNB Chain, Polygon, Avalanche, and Fantom.

Contrary to some other launchpads, EverLaunch will not require a portion of the token to be launched as a fee. As a result, EverLaunch will not own any of "your" tokens and sell them at a later stage. Hence, the EverLaunch platform will not contribute to (future) sell pressure.

The duration of the liquidity lock will be determined by the community. The community will be able to perform a weighted vote to decide whether they will unlock the liquidity or leave it locked at any point of time.

EverLock only locks the initial liquidity. Locking the newly generated liquidity can only be done through EverOwn. Locking the newly generated liquidity significantly enhances trust and security for all participates of Crypto, so we recommend using EverOwn along with EverLock.

A contracts liquidity can easily be unlocked with a weighted vote using EverLock by any DeFi projects community holders. When a project developer starts the voting process at EverLock and the project's holders will be able to vote to unlock the secured liquidity. This protects holders while providing flexibility to developers who need to unlock liquidity (Reasons for unlocking liquidity are usually related to new exchange listings or providing an update to your contract).

Using EverBridge, you can bridge your RISE tokens between Ethereum, BNB Chain, Polygon, Avalanche, and Fantom networks. After bridging your tokens, you will be able to stake on the new chain.

There is no way to know the amount of rewards you will receive when you initiate your stake. The rewards a RISE staker receives depend on how many tokens they stake and for how long, how many tokens everyone else stakes and for how long, and the volume on the chain you are staking on. More information about staking rewards can be found here.

You can earn different NFTs by staking RISE based on the length and amount you stake. There are twelve varieties based on the number of months you stake and there are twelve sets based on the amount of tokens you stake. There are also different versions based on the chain that you stake on.

EverSwap works with UniSwap with Ethereum (ETH), PancakeSwap on BNB Chain (BSC), QuickSwap on Polygon (MATIC), TraderJoe on Avalanche (AVAX), and SpookySwap on Fantom (FTM).

You will be able to Swap any token that is listed at PancakeSwap (BSC), QuickSwap (Polygon) and UniSwap (Ethereum). Currently you can swap our native RISE token.

Some tokens have been created with bad intentions, authorizing the token for swap can give the contract access to the rest of your wallet. EverSwap will be integrated with EverWallet so that confirming a swap will never give a contract full access to the rest of your holdings. If you are worried about tokens you have interacted with in the past, you can check your Token Approvals on BSCScan: bscscan.com/tokenapprovalchecker

EverWallet will act as a “firewall” in front of your wallet, residing on the blockchain. Unknown tokens that are sent to your address carry a higher risk of being part of a dusting attack and will be hidden by default.

No - EverWallet does not require nor have access to your seed phrase (private key). Never share your seed phrase with anyone, including EverRise team members. We, as well as our websites and dApps, will never ask for your seed phrase. Individuals and websites that do ask for your seed phrase are scam(mers).

Since EverWallet is still in development, the exact security features are being worked out. However, your assets will be protected in a similar way to how the bridge vault works to protect the EverRise supply to power EverBridge. EverWallet will also have the feature to add a secondary/backup wallet access in case you lose your private keys.