{"id":478,"date":"2023-01-19T21:40:02","date_gmt":"2023-01-20T02:40:02","guid":{"rendered":"https:\/\/reaper.financial\/?page_id=478"},"modified":"2023-06-06T21:03:10","modified_gmt":"2023-06-07T01:03:10","slug":"asc-white-paper","status":"publish","type":"page","link":"https:\/\/www.reaper.financial\/asc-white-paper\/","title":{"rendered":"ASC White Paper"},"content":{"rendered":"\t\t
REAPER FINANCIAL LLC<\/strong> ASC Holders Receive Quality XRPL Tokens.<\/p>\n<\/li>\n ASC Holders Receive Bitcoin, Ethereum, and other L1 tokens.<\/p>\n<\/li>\n ASC Holders Receive Bullion Balance for use with Partners.<\/p>\n<\/li>\n ASC Holders Receive Product Accumulations.<\/p>\n<\/li>\n ASC Holders Receive Eligible Equities.<\/p>\n<\/li>\n Ascension Becomes an Official Mint of Precious Metals.<\/p>\n<\/li>\n Ascension Backs Unconventional Assets with Bullion to Benefit ASC.<\/p>\n<\/li>\n Ascension Mint Offers Tokenized Investment in National Treasures as Collateral for Nations to Earn Interest on Stagnant Treasures.<\/p>\n<\/li>\n Ascension Point Becomes a Transitory Hub for the Mining and Refining of Space-Based Bullion.<\/p>\n<\/li>\n Ascension Point Expands from a Refinery to an Industrial Operation.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t REAPER FINANCIAL LLC<\/strong> While Reaper Financial understands the value that Death brings to Life, there is a greater danger in the universe than unchecked life (inflation) called purgatory (stagnation). Stagnation is caused by the lack of growth with a simultaneous lack of motion (Velocity of Money). While the Reaper is there to take away that which is in excess, Ascension is there to be an \u2018Angel of Mercy\u2019 giving new life to all worthy assets.<\/p> Ascension Token (ASC<\/b>) is a tandem product offered by Reaper Financial that will operate in a complementary mirrored protocol to RPR<\/b>. ASC <\/b>will inflate by 1,000,000 Tokens per month with an equal sale to RPR <\/b>and on the same schedule. While 48.5% of the Reaping Funds generated are used to buy and burn other tokens, 50% of the Ascension funds generated will be used to market-buy the Hard-Slotted XRPL Tokens<\/b> relative to their Reaper voting percentage after the Reaping. The Tokens acquired for Ascension will then be sent out as a RAIN <\/b>to all Ascension holders equal to their holdings, provided they have the Trustline for the hard-slotted Token.<\/p> The hard-slotted Tokens are thereby empowered with unparalleled utility to fight both inflation and stagnation. By possessing a dedicated RPR wallet and Reaping eligibility<\/b> the hard-slotted Tokens gain the function of being deflationary decentralized income tokens without loss of value to the project itself. By holding both RPR <\/b>and ASC <\/b>these projects are able to deflate their supply while earning back their own token, keeping the developer\u2019s wallet resilient to outside forces. The hard-slotted tokens will additionally benefit from retail ASC <\/b>holders receiving their coins from the market to a Trustline, encouraging new Trustlines for every project that achieves a Hard-Slot.<\/p> Retail consumers holding RPR <\/b>will receive the other 50% of the Ascension funds generated in the form of the Permanent DRIP Fund (25%)<\/b> and the DRIP Stimulus (25%)<\/b>, increasing the base-value of RPR <\/b>while ASC <\/b>retail consumers will benefit from receiving a basket of above average Tokens. Many of these Tokens offer the user additional utility\u00a0 opportunities. In a situation where the ownership of ASC <\/b>results in the RAIN <\/b>of a stakable Token, this will be referred to as \u2018Super Staking\u2019; i.e., StaykX, xSTIK, TRSRY, or Xoge Tokens.<\/p>
AN XRP LEDGER PROJECT<\/strong>
9900 SPECTRUM DRIVE<\/strong>
AUSTIN, TEXAS 78717<\/strong>
UNITED STATES OF AMERICA<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tAscension Lite Paper<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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PHASE I \u2013 RAIN<\/a><\/h4>\n
PHASE II – High-Liquidity Layer-One Blockchains<\/a><\/h4>\n
PHASE III – Gold and Silver Bullion<\/a><\/h4>\n
PHASE IV – Homes, Cars, Electronics<\/a><\/h4>\n
PHASE V – Stocks, Bonds, Futures, And Equities<\/a><\/h4>\n
PHASE VI – Ascension Mint<\/a><\/h4>\n
PHASE VII – Art and Wine<\/a><\/h4>\n
PHASE IIX \u2013 National Collateral<\/a><\/h4>\n
PHASE IX \u2013 Asteroid Mining<\/a><\/h4>\n
PHASE X \u2013 Microgravity Manufacturing<\/a><\/h4>\n
AN XRP LEDGER PROJECT<\/strong>
9900 SPECTRUM DRIVE<\/strong>
AUSTIN, TEXAS 78717<\/strong>
UNITED STATES OF AMERICA<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tASCENSION WHITE PAPER v2.0<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE I<\/h4>