2.1 Elastic Supply
Dogeforth's supply is elastic. Elastic supply expands or contracts based on its price during a rebase. Elastic supply adjusts to achieve its target price. Dogeforth's target price is Dogecoin, which is a moving asset. Because the target price is never stable, Dogeforth must adjust its supply to maintain equilibrium. The adjustment of Dogeforth's elastic supply, or rebasing, will commence every 24 hours. Dogeforth's elastic supply makes it an improved version of Dogecoin. Unlike elastic supply tokens, Dogecoin’s supply is infinite and vulnerable to inflation. Elastic supply tokens such as Dogeforth Protocol are designed to solve this issue because of their rebase functionality.
Last modified 6mo ago
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