BiKi is prepared to launch the REBASE token as the first elastic supply token on its exchange.
reBASE (reB∆SE) is a social capital system with adaptive easing, it has a token named REBASE. The reason why it has this name is because through a process called “rebasing”, the entire supply of this token increases or decreases, based on community behavior. This kind of token is called an “elastic supply” token. The token is not pegged to $1, but it gravitates towards it, similar to a stablecoin, but the amount of REBASE tokens you own can increase and decrease as it attempts to reach $1 over time.
reB∆SE is different and unique for a variety of reasons. The token has a second mini-rebase called the “stimulus”, where people can earn more and more REBASE tokens daily. It is made to incentivize people to hold more and more REBASE tokens for longer periods of time. The calculation of the stimulus will be revealed closer to its launch.
The REBASE token has key utility in the decentralized finance (DeFi) sector. The token is needed for access to a special yield farming system called the Farm, or f∆RM when using the correct branding. The farm exists to incentivize liquidity pools, which benefit the community as a whole.
The Farm does have some key differences to other yield farming systems: the farm has different timelock periods and optional conditions. In the Farm, users have the option to earn more by locking their Liquidity Pool shares for longer periods of time. For example, 3 months, 6 months, a year.
The Farm also has a governance structure, more details about that will emerge later in the development cycle.
Our team is not anon unlike many other elastic supply tokens. We have a dedicated known development team and dedicated management team with many years of experience.
The common theme in all of the reB∆SE products is creating various methods to incentivize token holders to lock their tokens, by removing more and more tokens from the market, positive rebases over $1 can occur for longer periods of time.
“BiKi exchange is essential to tap into the Asian market.” Konstantin Olabountou, Head of Business Development at reB∆SE continues, “The willingness to innovate and build for the latest developments in DeFi are paramount to the growth and success of both of our projects. We are familiar with the market and cannot underestimate the importance of crypto communities in key markets in Asia for success of a project. Therefore, we are excited for our fruitful partnership.”
“reB∆SE represents one of the latest and finest rebasing projects with elastic supply tokens, our Asian communities have been demanding of such project to be listed on the exchange and we are excited to bring this partnership opportunity to our communities”, Ethan Ng, BiKi Southeast Asia CEO.
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 3 million registered users, 50,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.
Learn more about reBASE:
Connect with reBASE:
Follow BiKi on:
Russia Telegram: https://t.me/bikirussia
Korea Kakao: https://open.kakao.com/o/gYmlp4Yb