Platform information

What is RISE BUSD?

RISE BUSD is a diversified investment fund running on binance smart chain. The project is a combination of an roi dapp and a staking platform in which the users have the option to unstake their investments.
A diversified fund is an investment fund that is broadly invested across multiple market sectors, assets, and/or geographic regions. In that case for RISE BUSD team the part of the fees are being invested in lending protocols, liquidity mining, new defi projects and validator hosting.
Stakes immediately start earning 8% up to 15% depending on the duration of each stake. Compounding and withdrawing dividends resets all stakes to level 1 which is 8%. But creating new stakes on top of existing stakes won't have any effect on existing stakes.

What are the fees?

For each stake, there is a 10% staking fee being deducted to the total amount to be staked. These fees will be used for platform maintenance, marketing and administration fees. There will be no other developers fees aside from deposit fee. In addition, these fees will also be used on building our treasury which will be used for investing into other projects and returns will be injected back into the contract to increase the tvl and payout existing investors.
If the user decides to unstake their staked busd, there will be an unstake fee which will be deducted to the total amount to be unstaked. This fees will not go to the developers instead this will stay within the contract and be used as rewards for existing investors.

What is last stake jackpot?

Last stake jackpot is pretty simple, basically, if there is no deposit after 2 hours, the address who last deposited will win the rewards pool and a new round will run.
Rewards pool is capped at 2,000 busd. The team believes that this kind of event is good to keeps things interesting for the investors. However, the rise busd team decided to put a cap on the rewards so it will not cause much decline in the tvl whenever a winner has been picked and at the same time giving out a good amount of reward for the winner.
The team decided to add this feature to how continuous inflow of investment into the platform.

What is affiliate rewards?

For every user that uses your affiliate link, you will receive 3% of their deposit after the taxes. Take note that this rewards are unclaimable. Instead, this rewards can be invested back into the platform and you will receive the benefits of inviting members over time.
In addition, affiliate program will help grow the project continuously and keeps the project running for a longer time.

How is this sustainable?

Sustaining every project is hard, but the team are finding ways on how to make a project live, grow and sustain. Aside from building the treasury, in which will be invested into other projects and earnings will injected back into the project, the team will also do partnerships with other projects and also be accepting development work in which commissions will also be sent to the treasury and be re-invested.

Who is the team behind this project?

Well, the team behind this project has already released multiple projects individually and as a team, aside from that the people behind the project has good track records and has no history of any rugs. Previous project has reached hundreds of thousands and millions in tvl.

What makes this platform different?

The team is pretty outspoken that the code and concept was from the infamous wealth mountain project, but how is it different? Let's begin with the code, the contract has been heavily modified. The potential rugpull/exploit code and flaws of the contract has been removed and fixed. The syntax has been changed to make it easier for other developers to read and basically, we tried to make the contract safe and have minimal owner interaction. The only function that the developer can have granted access post deployment of the contract is the last stake jackpot, which can only be turned on/off.