${ project.token } (${ project.short_token }) #${ project.rank }
${ project.name }
@${ project.slug }
${ project.price_btc } BTC
Socials
Explorers
${explorer.short}MarketCap | $ ${ project.market_cap } |
---|---|
Volume(24h) | $ ${ project.volume_24 } |
Circulating Supply | ${ project.circulating_supply } ${ project.short_token } |
Total Supply | ${ project.total_supply } ${ project.short_token } |
About the project
DeFi Prophets Labs —
The team that brought you RMPL
DeFi Prophets Labs is proud to announce its first innovative DeFi project launch, RBASE. RBASE leverage’s RFI’s 1% fee on buy and sell orders distribution mechanism which provides holders with tokens as a yield based on their market share and combines it with rebasing mechanics from BASE. The price will fluctuate and be pegged to the defi market cap via a rebase every 24 hours.
RFI + Base = RBASE
Anyone who has been following the DeFi space the last few weeks can imagine how creating a superior fusion of these two projects could rapidly exceed their marketcap. RBASE uses a redistribution of 1% on every buy and sell order to RBASE holders simultaneously after each transaction. For RBASE holders no gas is needed to claim your extra tokens, they will be updated 100% by the smart contract.
The rebasing mechanism of RBASE is pegged to the total defi market cap at a ratio of 1 to 1,000,000,000,000. With compounding rebases you can imagine the potential of what can happen in a bullish crypto market.
- Using the current defi market cap, if the current price of the token is at
- $1 - after two rebases the holder will be up ~12x
- $1.50 - after two rebases the holder will be up ~27x
- $2.00 - after two rebases the holder will be up ~48x
These are the predicted numbers after only just two days of positive rebases. One can only imagine what two weeks would look like?