YearRise is a reward token with buyback function. $YRT is a new cryptocurrency on BSC. Let’s look in detail.
Hyper Deflationary Token With USDT Rewards And Strategic Buyback Feature
Project name: YearRise
Contract address: 0x7ed31E24C67971647168502cC7bBb3D4983EE7eA
Network: Binance Smart Chain (BSC)
Total supply: 100.000.000 YRT
Presales always have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||60%|
|Min-Max Spend per Account||min 0,1 BNB – max 5 BNB|
|Presale price||60.000 YRT per BNB|
|Listing price||48.000 YRT per BNB|
|Start||2021.11.12 16:30 UTC|
|End||2021.11.16 16:30 UTC|
Note: There was a private sale-100 BNB raised.
|CEX & DEX liquidity||41%|
- KYCed by Interfi
- Ready reward dashboard
- Audit, check report
About the team
From White/Lite Paper
BuyBack and Burn Process:
The YearRise buyback/burn function, also known as “The Plutus”, is funded by a 3% strategic buyback fee. The tokens collected from the fees are converted into BNB and securely locked and stored in the YearRise buyback contract. These funds are known as the Plutus’s Reserves.
The contract is coded so that the BNB in the Plutus’s Reserves cannot be withdrawn and can only be utilized
for the purposes of buying back $YRT tokens from the open market and burning them.
When the buyback function is turned on, the contract automatically buys back and burns tokens after every sell
yChat Pay dapp is the extension of YearRise community ecosystem. It integrated with social communication and decentralized finance functions that we need daily. It contains high privacy chatroom to send text and voice messages, make calls, and share media; Wallet, Buy, sell & swap crypto function, live portfolio tracking, build in
$YRT reward dashboard, peer to peer (P2P) service.
And % of fee Dapp generated will reward to $YRT holder.
Features of $YRT Token
There is 12% tax/transaction fee:
- 8%: Redistribution In USDT. Hold YRT tokens, earn USDT (Minimum 1,000 tokens). Auto paid every 60 minutes
- 1%: Liquidity Pool
- 3%: Buy Back/ Regular Burn system
For more info, you should read the White Paper
YearRise is primarily a reward token project. But the team plans to build “sChat Pay” as per the roadmap.
At this stage, it stands out with 8% USDT reward and buyback function. If the team works well, projects like this can perform very well.
Although hype and marketing are good in some projects, the project does not progress due to the incompetence of the team.
People love USDT/BUSD rewards. It’s an incentive for holders. The team has KYCed by Interfi. The smart contract audit is pending. These are good signs.
Check the team’s work. It can be a good investment if you think the team can manage the project well after launch.
600 BNB collected. It filled hardcap. Success