What is a Rebase Token?

Rebase Token description.

A Rebase Token is one whose circulating supply raises or decreases as the token price changes.

This rise or decrease in supply is accomplished through a process known as rebasing. When a rebase happens, the token's supply is increased or lowered algorithmically based on the current price of each token.

Athena’s AAP uses a positive rebase formula to raise the token supply, allowing $ATHN holders to continue increasing their tokens in the same way that a typical staking system would. Our usage of a rebasing token, on the other hand, eliminates the requirement to authorize and customarily stake your tokens.

The positive rebase is supported by an RFV that is guaranteed and supported by the token's purchase and sale fees.