SRS

Solar Rise Project Review – $SRS Presale (ILO) on Unicrypt

Solar Rise $SRS is a new BSC token. Let’s examine it.

Solar Rise

Token Info

Project name: Solar Rise

Ticker/Symbol: SRS

Contract address: 0xcA627b79D13662C119aa7Ddf2C146d6d85526890

Token type: BEP-20

Total supply: 1.000.000.000 SRS

Launchpad: Unicrypt Network(PancakeswapV2)


Disclaimer

Presales have some risks. Please DYOR (do your own research)


tokenomics
Liquidity Lock Rate70% BNB raised liquidity lock
time: 11 months
ParticipationNot private
Softcap200 BNB
Hardcap500 BNB
Min-Max Spend per Accountmax 3 BNB
Presale price1.060.000 SRS / per BNB
Listing price954.000 SRS / per BNB
Audit(by Solidity Finance)
KYC
Startapprox: Thu Sun 4 Jul 12:29 UTC
Endapprox: Mon 5 Jul 18:29 UTC

Token Distribution

Presale53%
Liquidity33%
Private sale10%
Team2% (1,3% locked)
BNB rewards1%
Unicrypt fee1%

Solar Rise make a ongoing private sale. 10% of the total supply allocated for private sale.

It is good

  • 70% raised BNB liquidity lock
  • 11 months liquidity lock duration
  • The presale price is cheaper than the listing price.
  • Audit by Solidity Finance, check report
    • No mint function

It is not good

  • No KYC

About the team

  • Anonymous

From White Paper

According to their website and social accounts:

Solar Rise is the first ever made token to merge two of the most successful and profitable tokenomics in order to create an everlasting passive income with an increasing price floor.

Features of Solar Rise $SRS

Transaction fee is 13%

  • 4% Reflections: Distributed to holders
  • 6% Buy-Backs: For each buy or sell there will be BNB converted and ready to buy and burn every time 2 sell orders  occur
  • 3% Bnb Rewards: Whenever a buy or sell occur the tokens will be converted to BNB and given back to stakers. Rewards are given every block with no lock-up period.

Note: You must adjust slippage rate above 13% when swap $SRS


Solar Rise $SRS wants to be successful by using buy-back and BNB rewards features effectively. They are planning to set up staking Dapp according to their roadmap.

$SRS has a good tokenomics. Also, it has audit. We can expect that all smart contract features(reflections, buy back, BNB rewards) will work smoothly.

But we need to take a deeper look at the private sale.

If the private sale becomes too large, it can have a negative impact on the token price. On the other hand, a reasonable fund from private sale can be beneficial for the project.

If the team uses this fund for the project, it can gain good momentum.

In this case, you need to trust the team. Go to Telegram group, ask questions to team and observe them.

Presale ended

11 BNB collected from 14 participants. Failed.

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