GyeongjuGloryDaysFestivalJoy
Mon Sep 16 2024
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6 answers
1676
What is a rebasable token?
Could you please explain what a rebasable token is in simple terms? I've heard it mentioned in the context of stablecoins, but I'm not entirely clear on how it works and what sets it apart from other types of tokens. How does the rebasing mechanism function, and what benefits does it offer to investors and users of the token? Additionally, are there any risks associated with investing in rebasable tokens that I should be aware of?
