Today we bring you a short article about us!
3 months ago $xDITTO was launched with the purpose of being an asset that increases $DITTO marketcap, lowers its volatility and also improves its governance system.
How does it work?
$xDITTO can only be created by 🔐 locking $DITTO
Lock DITTO to mint xDITTO
Burn xDITTO to redeem DITTO
Rates for minting and burning xDITTO
👉 Automatically adjust when DITTO experiences a rebase
👉 xDITTO is a regular BEP20 token whose price reflects the changing DITTO market cap over time
👉 The conversion rate is adapted automatically with every rebase.
Are you ready for the new pool at https://app.ditto.money/arena? 🧐
🔥 Stake $xDITTO and earn $ZETH! 🔥
This is possible due to our partnership with @zetta_icarus 🥳
Links below! 👇
#BSC $DITTO $xDITTO
#BSC #BinanceSmartChain #yieldfarming #staking #DeFi
So what’s important to know about $DITTO and what makes it a different asset?
Ditto is the pioneer elastic supply, rebase token on the Binance Smart Chain.
If you wish to have another asset in your portfolio that brings you an alternative market edge, this is it!
So how do rebase work?
The supply changes if the price target is not met, it can be either negative or positive.
If the oracle price is below 0.95$ the supply will decrease → negative rebase.
If the oracle price is above 1.05$ the supply will increase → positive rebase. …
Our supply is like ditto. It has the ability to reconstruct its entire cell structure according to the current price.