- Bitrise platform comes with innovative tokenomics
- The platform offers attractive rewards to investors
- Fastest developing DeFi projects
Bitrise, a DeFi protocol on the Binance Smart Chain, hasbeen attracting Ripple community members over the last few weeks. But in the last few days, the number of Ripple community members joining the coin has significantly increased. This is partly because of the widely anticipated Bitrise token staking, which is launching any time from now.
Bitrise is not just another DeFi project that has come into the crypto market. According to the team, Bitrise is a project that will be a game-changer in the financial industry. It is a decentralized financial system that will enable users to earn, spend and lend on a peer-to-peer (P2P) platform. The platform will be faster, secure, and cheaper for users.
The Ripple community members are mainly joining to enjoy the many rewards that Bitrise coin is offering. Bitrise is one of the fastest-growing DeFi projects in the market today. The token was launched on the Coinmarketcap exchange on 28th July 2021 and has made big moves, which are attracting Ripple investors.
In the first three months of the token launch, the team had developed Bitrise Audits, Techrate Audit, and dApp wallet. These products are already running in the Bitrise ecosystem and will be generating revenue for the coming staking process. The exchange launching is slated for Q1-2022. Such fast accomplishments are attracting Ripple community members.
Butthe biggest aspect of the Bitrise project that is attracting Ripple members is the rewards token holders are getting. The team has developed tokenomics that rewards project investing, and Ripple community members like it. The value of the $BRISE token is protected by having a hyper-deflationary token.
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The platform has a buyback contract that buys back tokens from the liquidity pool and burns them. Every 5% of the 12% tax on all transactions is sent into the buyback contract. The token buyback and burning process help to keep a healthy floor price. Therefore Ripple members can enjoy a stable floor price for their BRISE token.
Bitrise token holders are rewarded 4% of the 12% tax for just holding tokens. The holding reward in BNB goes into the holders’ wallet every 60 minutes automatically. No request for reward payment is needed because the distribution is automated. This is one of the reasons Ripple community members are joining to enjoy the static income.
Ripple community is also for eyeing the widely awaited anticipatedBitrise token staking process.The staking process will 80% APY of the revenue generated by the products in the Bitrise ecosystem to all staked tokens. With multiple products in the ecosystem, massive revenue will be generated. This revenueis attracting Ripple community members.
With the DeFi protocol developing fast, more Ripple and other community members will be joining Bitrise coin. The coin is proving a worthy crypto investment every day. For more information about Bitrise coin, check out the following platforms:
Website: : www.bitrisetoken.com
Telegram: t.me/bitrisetoken
Coinmarketcap: https://coinmarketcap.com/currencies/bitrise-token/
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