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Introduction

About RIZE Token​

The Rizenet token an ERC20 token designed to power the Rizenet ecosystem. It facilitates transactions and operations within the network while also playing a crucial role in ecosystem governance. With 35% of the total token allocation dedicated to strengthening and developing the ecosystem, the token ensures sustained growth and coordination among participants.

  • Gas Token: Used for transactions and operations within the Rizenet blockchain.

  • ERC-20 Standard: Ensures compatibility with most wallets and exchanges.

  • Gasless Approvals: Integrates EIP-2162 (Permit) to allow transactionless approvals.

  • Gasless Transfers: Supports EIP-3009, enabling transfers without transaction fees.

  • Omnichain Compatibility: Utilizes Chainlink CCIP for cross-chain interoperability, ensuring seamless operations across multiple blockchains, and Avalanche Teleporter for interoperability inside the Avalanche ecosystem.

  • Maturity-Adjusted Voting: Implements a “diamond hands” voting system where voting power increases over time, tripling after three years.

  • Governance Bonds: Uses Soulbound NFTs for governance voting, where the bond is breakable only by governance decision.

Why a Utility Token?​

The full potential of interoperability and composability unlocked by tokenization cannot be realized by a single party alone. As T-RIZE Group prepares to onboard billions of dollars worth of real-world assets (RWA), it positions T-RIZE to effectively bootstrap a complete ecosystem for tokenized assets.

The Rizenet token is designed to increase the decentralization of this ecosystem, aligning all stakeholders through shared incentives. It aims to decentralize the decision-making process regarding the ecosystem of applications, ensuring every stakeholder's interests are represented.

In essence, RIZE is a unifying force, fostering a collaborative tokenization ecosystem and enhancing value for all its members. By promoting decentralization and shared governance, RIZE empowers a diverse range of participants to contribute to and benefit from the ecosystem's growth and innovation.

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