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/biz/ - Business & Finance

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24731421 No.24731421[DELETED]  [Reply] [Original]

What is $RBASE:

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 total crypto market 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 marketcap of cryptocurrencies 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.

$RBASE will be a community token governed by its holders. There will be several governance features such as the ability to vote on the fee percentage on every transaction, locking the
contract to prevent future updates, and more

https://app.uniswap.org/#/swap?inputCurrency=0xe8b251822d003a2b2466ee0e38391c2db2048739

>> No.24731676

Well after the huge price suppression from last night today is looking good after the rebase, good i didn't sell

>> No.24731770
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24731770

>>24731421
This is a scam by NRN (Nigger Rug Network). The only 3 legitimate rebase tokens are Ampleforth, Base, and xBTC.

This one was force-launched by Abu's team in Lagos last night. DO NOT BUY IN, read pic related.

Their "team" is 100% anonymous = aka scammers from Africa. Yesterday they faked 6000 online people in their group but it was only admins talking, there are like 10 people in the group.

>> No.24731852
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24731852

Just get over the fact you missed Ampl when it was low cap and swallow your pride and buy back in. You guys are chasing rainbows buying all these clones of scammers.