Trading Mechanics
Understanding how EverRiseBTB ensures price stability with a never-down mechanism
Trading Phases
Phase 1: Initial Price Discovery
Special first phase to determine initial market price:
- Starts June 1, 2025
- Price determined by Supply/Price ratio (S/P)
- Final price equals average of all trades
- Sets foundation for round-based trading
- Lasts for 8 days until June 9, 2025
Phase 2: Round-based Trading
After price discovery, trading occurs in 6-hour rounds:
- Starts June 9, 2025
- Four rounds per day:
- Round 1: 00:00-06:00 UTC
- Round 2: 06:00-12:00 UTC
- Round 3: 12:00-18:00 UTC
- Round 4: 18:00-24:00 UTC
- Base price increases 1% per day in year 1:
- 0.25% compound interest every 6 hours (approximately 3,778% APY)
- Base price increases 0.5% per day in year 2 (approximately 517% APY)
- From year 3, base price increase rate drops 10% yearly until reaching 0.00375% daily (approximately 1.4% APY)
Point Pioneers Program
Early adopter benefits available NOW:
- Start earning points immediately
- Get maximum benefits before trading begins
- Permanent point ownership
- 90% of all trading fees distributed to point holders
- Daily fee dividends when trading starts
- No minimum holding requirements
Price Assurance Mechanism
Base Price Calculation
- Base price = Previous round's average × 1.0025
- Price floor never decreases - locked to previous round's average price
- Clear price formula with linear distribution
Price Range
- Lowest price = Previous round's average price
- Highest price = Base price × 2 - Lowest price
Trading Scenarios
- Below Range: All buys at lowest price, excess sells queue for next round (1% fee)
- Above Range: All sells at highest price, excess buys queue for next round (no fee)
- Within Range:
- Price range when average < base: [lowest, average×2 - lowest]
- Price range when average > base: [average×2 - highest, highest]
- First sellers get highest prices, last get lowest
- First buyers get lowest prices, last get highest
- Prices distributed linearly across trading volume
Fee Structure
- 1No fees for buying orders
- 21% fee for selling orders
- 3First in, first dealt queue system
Price Protection
Never Down Protection
Our unique price protection mechanism ensures:
- Price cannot decrease between rounds
- Excess sell orders are queued and charged 0.1% fee before entering next round's queue
Anti-Manipulation
Measures to prevent market manipulation:
- Limited price increase per round
- Order size limits
- Round-based trading structure
Market Stability
- •Controlled price movement ensures predictable growth
- •Supply and demand balanced through round system
- •Transparent and fair pricing for all participants