Welcome to Virtus Finance
  • πŸš€Virtus Finance Overview
    • πŸ“ŒHow Does The Auto-Staking Feature Work?
    • πŸ“ŒWhat is a Rebase Token?
  • πŸ”°Virtus Protection Fund (VPF)
  • πŸ›…The Virtus Treasury
  • πŸ”₯Virtus Auto Token Burner
  • βš–οΈVirtus Auto-Liquidity Pool (VALP)
  • 🎯What is the APY?
    • πŸ“ŒHow is the APY Backed?
    • πŸ“ŒHow is the APY Calculated?
  • 🌐Periodic Interest Cycle (PIC)
  • πŸ₯‡$VAP Token
    • πŸ“Ž$VAP Buy & Sell Fees
      • πŸ–‡οΈTrading Fees breakdown
  • 🍁Road Map
  • πŸ›©οΈPinkSale Pre-Launch
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  1. Virtus Finance Overview

What is a Rebase Token?

Rebase token & Rebase rewards description

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

Virtus Auto-staking Protocol (VAP) takes advantage of a positive rebase formula which increases the token supply allowing $VAP holders to keep growing their tokens, like in a traditional staking protocol. However our use of a rebasing token eliminates the need to approve and traditionally stake your tokens.

The positive rebase is backed by a Virtual Protection Fund (VPF) which is ensured and supported by the token’s buy and sell fees.

PreviousHow Does The Auto-Staking Feature Work?NextVirtus Protection Fund (VPF)

Last updated 3 years ago

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