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  1. Home
  2. /Glossary
  3. /Rebase Token
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defi

Rebase Token

A token that automatically adjusts its supply to maintain a target price or distribute rewards.

Definition

A token that automatically adjusts its supply to maintain a target price or distribute rewards. Your wallet balance changes daily, up or down, based on the protocol's mechanics. OlympusDAO and Ampleforth are famous examples, though many rebase tokens from 2021 lost most of their value.

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Related Terms

Tokenomics

The economic design of a token including supply, distribution, utility, and incentives.

Staking

Locking up tokens to help secure a proof-of-stake network and earn rewards.

Emission Schedule

The plan for how new tokens are released into circulation over time.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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