flâneur

What Is a Rebase/Elastic Token?

coindesk.com · 892 words · saved by 1 readers

Rebase tokens function in a similar way to stablecoins, but with one key difference.

What Is a Rebase/Elastic Token? Learn What Is a Rebase/Elastic Token? Rebase tokens function in a similar way to stablecoins, but with one key difference. By Benedict George Updated May 11, 2023, 3:21 p.m. Published Mar 15, 2022, 1:54 p.m. 2 min read Make preferred on Share Share this article Copy link X (Twitter) LinkedIn Facebook Email Make preferred on A rebase, or elastic, token is a cryptocurrency whose supply is algorithmically adjusted in order to control its price. Similar to stablecoins , rebase tokens are usually pegged to another asset. But instead of using reserves to maintain the

saved by

related reading