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What Is A Rebase Token ?
A Rebase Token is one whose circulating supply expands or contracts due to changes in the token price. This increase or decrease in supply works with a mechanism called rebasing.
When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.
Adamantium ASP takes advantage of a positive rebase formula which increases the token supply allowing $ADM holders to keep growing their tokens, like in a traditional staking protocol. However our use of a rebasing token eliminates the need to approve and traditionally stake your tokens.
The positive rebase is backed by a Decentralized equity fund (DEF) which is ensured and supported by the token’s buy and sell fees.
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