Governance applied to investment
Risebit, through its governance system applied to investments, allows the Risebit token's community of investors to have the power of decision and participation. Risebit's risk analysis team will evaluate projects in the early stage, in which they will be analyzed:
KYC of the development team.
Liquidity to be injected from the token.
In addition, Risebit will audit the contracts to determine if they are secure and decentralized.
Once these projects go through these stages, they will be listed on the platform so that users can vote for the project they think Risebit should invest in.
In the voting process users can burn Risecoin tokens to obtain participation in a project, the higher the participation the higher the amount of rewards obtained from voting. This voting will take approximately 7 to 15 days.
Once the winning project has been chosen, the voting will be paused and users will be able to see which project was selected.
Risebit will invest in the selected project, the amount of money accumulated in the investment wallet. When Risebit takes profit, it will inject in BUSD/BNB distributed as follows:
Lending - Smart Contract