Rebased is a fork of the recently hyped Ampleforth project – with clear and required changes.
We have given REB the ability to adjust its supply equally and automatically in response to changes in demand – in a trustless environment where code is law.
The goal of Rebased is to reach its desired price target of 1 USD. To achieve this there is the so-called Rebase, which adjusts the supply to the demand.
All supply changes apply equally to every owner/wallet holing REB. Your balance changes but you always own the same % of the total supply. Your holdings increase in value as the market cap of REB grows.
Imagine yourself in a world where the ECB or FED prints some billions again and you receive “new” money directly on your bank account. Sounds like a dream? Well not in crypto. Welcome to the world of Rebased.
