Have questions about EverRise? You came to the right place!
What is EverRise?
EverRise is a blockchain technology company building bridging and security solutions to create a safer space in DeFi.
What is the EverRise ecosystem of dApps?
The EverRise ecosystem of dApps is a collection of dApps providing multi-chain security solutions for projects and individuals in the DeFi space. In the first 6 months EverRise has released EverOwn, EverBridge, EverMigrate and EverStake available to both investors and projects.
Is RISE a coin or a token?
Coins are the native asset of a blockchain. $RISE is a token because it currently resides on the Ethereum Network, Binance Smart Chain, and Polygon Network as a utility.
How is the $RISE token used by the ecosystem of dApps?
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.
What is the best way to stay updated about EverRise?
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.
What is a dApp?
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.
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.
Is RISE A Coin Or A Token?
Since EverRise was originally built on Binance Smart 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)
What Are The Fees To Transfer Tokens On EverBridge?
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.
What Can Be Transferred On EverBridge?
Currently, only RISE. We will be adding the native coins transfers (BNB, ETH, and MATIC) in the Q4 2021 - Q1 2022.
How Can I Transfer Other Tokens Using EverBridge?
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.
How can I trust EverOwn with my project's smart contract?
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
How long does it take to get control of the contract back after initiating a vote in EverOwn?
The EverOwn voting process will be a minimum of 24 hours to enable as many holders as possible the chance to vote.
I Am In A Project That Said They Are Secured With EverOwn, How Can I Confirm That This Is True?
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.
What Is The Ratio Of Tokens I Will Receive After Using EverMigrate?
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.
Are There Any Fees Associated With Migrating My Tokens?
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.
How Long Will EverMigrate Be Available?
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, EverSale will be available on Binance Smart Chain, Ethereum and Polygon. We are planning to launch on even more blockchains - stay tuned!
Will A Project Be Able To Launch In Multiple Chains With EverSale?
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 EverSale. With EverSale, projects will be able to launch simultaneously on two or all of the following chains: Ethereum, Binance Smart Chain and Polygon. More blockchains will soon be integrated to the EverRise Ecosystem and therefore they will be eligible for a multi-chain launch.
What Does EverSale Do To Prevent Contributing To Sell Pressure On Projects?
Contrary to some other launchpads, EverSale will not require a portion of the token to be launched as a fee. As a result, EverSale will not own any of "your" tokens and sell them at a later stage. Hence, the EverSale platform will not contribute to (future) sell pressure.
How Long Is The Initial Liquidity Locked With EverLock?
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.
Does EverLock Lock Newly Generated Liquidity?
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.
How Do You Unlock The Liquidity from EverLock To Move To A New Exchange?
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 investors 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).
Can I stake my RISE tokens on a different chain than what I am currently holding on?
Using EverBridge, you can bridge your RISE tokens between the Binance Smart Chain, Ethereum, and Polygon. After bridging your tokens, you will be able to stake on the new chain.
How many rewards will I receive by staking RISE Token?
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.
What NFT's can I earn from staking RISE Token?
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.
With What Decentralized Exchanges Will EverSwap Work Upon Launch?
EverSwap works with PancakeSwap on Binance Smart Chain (BSC), QuickSwap on Polygon (MATIC) and UniSwap with Ethereum (ETH). We are planning to expand to even more decentralized exchanges as we launch on more blockchains stay tuned!
Will I Be Able To Swap Any Token With EverSwap?
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.
How Will EverSwap Help To Secure My Crypto Holdings?
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
How Will EverWallet Help Protect Me Against Dusting Attacks?
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.
Why Does EverRise Want To Build EverWallet?
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).
What Security Features Will EverWallet Have?
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.