The WORLD’S FIRST Elastic Rebasing Token with Real Use / Utilities Launching on the Binance Smart Chain with an elastic supply, mathematically guaranteed to exceed the price of Bitcoin. Then integrate into Version 2. Which is a long term, dividend paying, actual utility project, That will bring into existence A full Crypto, One Stop Shop Metaverse, unlike anything ever done or seen, in the crypto world
Dynamic Rebases
The token supply will go through fluctuations throughout its lifespan, either increasing or lowering its total circulating supply. This is called a Rebase. A positive rebase implicates that the token is currently trading above its pegged price, and therefore will add more tokens to the supply in order to lower its price back to the peg. If the token is trading below the pegged price, it will undergo a negative rebase, which will remove tokens from the circulating supply, in order to increase the price of each token. Rebasing mechanics are used to insulate the token against any drastic market fluctuations.
An Elastic Supply Token
An elastic supply (or rebase) token will expand or contract its circulating supply depending on where it trades relative to it’s peg price.