1.1 Abstract
Dogeforth exists to maintain a market rate that is stably pegged to its underlying asset price, Dogecoin. This protocol utilizes rebasing, a process that expands or contracts token supply to the correct price. Dogeforth's elastic supply will expand or contract every time a rebase function occurs, to reach its target price. Token supply is adjusted every 24 hours that can be viewed via Dogeforth's dashboard.
Last modified 6mo ago
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