What are Rebase Tokens?
Rebase tokens are designed to self-regulate its outstanding token supply in response to changes in its token price. Whilst traditional rebase formulas are designed to reward its users via appreciation in token price along with its ever growing supply,
$N1 tokens aims to achieve price stability much like stablecoins, using a positive rebase formula which tightly regulates the supply of tokens to ultimately avoid a state of deprecation.
“by focusing on achieving price stability as opposed to token price appreciation in the short-term, we trust this will allow for the protocol to become a self-sustaining platform over a longer horizon.”
No Approvals or Claims = Zero Gas Fees
Enjoy all the benefits of a traditional staking protocol and watch your token balance grow every 15 minutes without needing to withdraw, stake, and approve transactions, eliminating the financial burden of paying gas fees to redeem or claim earned rewards whilst retaining the full value of the initial principal amount without the erosion of capital due to fees.
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