Rebase

« Back to Glossary Index

Also known as the price elastic, it is a token that is designed in such a manner that the circulating supply automatically adjusts as per the price fluctuations. This expansion and contraction is called a rebase mechanism. The rebase tokens are much similar to the stablecoins in the features that they both possess price targets. But,  the rebase tokens possess an elastic supply.

« Back to Glossary Index