/biz/ - Business & Finance

xeth.finance - thoughts? Anonymous Tue Sep 29 08:21:28 2020 No.22909507 [View]
File: 27 KB, 580x322, xerh.jpg [View same] [iqdb] [saucenao] [google]

A price reactive, deflationary token with an elastic supply, and no negative rebases.

xETH is pegged to the price of ethereum. If the price of xETH is greater than 0.01 ETH, then holders of xETH will experience a positive rebase, meaning more tokens distributed into their wallets. If the price of xETH drops below 0.01 ETH, there are deflationary mechanisms to drive the price back up.

>I am up so hard on this shit, what we think /biz/?

t.me xplosive_ethereum

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