Solar Rise $SRS is a new BSC token. Let’s examine it.
Project name: Solar Rise
Contract address: 0xcA627b79D13662C119aa7Ddf2C146d6d85526890
Token type: BEP-20
Total supply: 1.000.000.000 SRS
Launchpad: Unicrypt Network(PancakeswapV2)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||70% BNB raised liquidity lock|
time: 11 months
|Min-Max Spend per Account||max 3 BNB|
|Presale price||1.060.000 SRS / per BNB|
|Listing price||954.000 SRS / per BNB|
|Audit||(by Solidity Finance)|
|Start||approx: Thu Sun 4 Jul 12:29 UTC|
|End||approx: Mon 5 Jul 18:29 UTC|
|Team||2% (1,3% locked)|
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
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.
11 BNB collected from 14 participants. Failed.
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