🐳What is a Rebase Token?

A Rebase Token is one whose circulating supply expands or contracts due to various token metrics. This increase or decrease in supply works through a mechanism called rebasing. When a rebase occurs, the token supply is algorithmically increased or decreased based on the current price of each token.

​ Revodao Finance takes advantage of a "Positive Rebase" formula that increases the token supply, allowing $RevoDao holders to keep growing their tokens similar to traditional staking protocols. However, using a rebasing token eliminates the need to approve and traditionally stake your tokens.

The positive rebase is backed by The RevoDao network, which is ensured and supported by the token's buy and sell fees.