Rebase Finance is inspired by the Sphere project on BNB Chain. The team has learned from the best and strives to offer various kinds of utilities to support and enable auto staking and interest accrual features with a dynamic APY of 120,000% and a daily ROI of up to 0.86639%.
About Rebase Finance
Rebase Finance aims to provide long-term value to users and return high intrinsic value to all users of the protocol. The goal is for $REBASE token holders to benefit from both the supply and the growth of the treasury.
Rebase Finance — a team of 10 smart contract developers, community managers and a marketing specialist. Token burning is an important function of the deflationary system. The Burn Mechanism will help the protocol to maintain staking rewards and stabilize the price of the token. The recording mechanism in the RebaseFinance protocol was developed before launch. As you can see, most auto-staking and interest protocols do not have a record mechanism or are done manually instead of the auto-record feature.
The Rebase Finance entry mechanism consists of three aspects:
| Burning | 5% of $REBASE sale transactions are burned in Dead Wallet. The higher the selling pressure, the more $REBASE is sent to the Dead Wallet. |
| Dynamic APY | To make the protocol sustainable, APY needs to be gradually reduced to slow down inflation. |
| RebaseSwap as a Service (RaaS) | This is a native AMM DEX that burns tokens through a swap fee for each trade. For RaaS, DEX takes 0.3% as trading fee and 0.05% fee will be sent to buyback and burn tokens. |
Since the tokens will be rebased every day, the DEX service provider will receive more and more tokens every day. When the DEX service provider decides to sell the accumulated token, it will cause significant selling pressure and price volatility. This is one of the reasons why Rebase Finance will launch RebaseSwap as a Service (RaaS).
More about defi app
The $REBASE auto staking and accrual feature provides maximum ease of use for $REBASE holders with a Dynamic APY of 120,000% and a daily ROI of up to 0.86639%. By simply buying and holding $REBASE tokens in your wallet, you will earn $REBASE rewards in interest payments straight into your wallet.
The amount of your $REBASE reward tokens will increase every 30 minutes. To incentivize rebases, Rebase Finance's primary valuation mechanism is staking. Relocation rewards come from revenue generated from protocol taxes (fees) as well as other income-generating revenues.