The mechanics behind a rebase token provide an increase or decrease of circulating supply by changes in token price. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.
In Nosferatu’s contracts, we designed an increasing total supply…
The auto-staking and auto-compounding mechanism in the contract, provides the holder with an easy and reliable way to earn more $NOS tokens!
By using a positive rebase mechanic, Nosferatu enables the distribution of half-hourly rewarded tokens, proportional to your holdings. Providing you with daily rewards worth 2.038% of your total amount of $NOS tokens.
The rebase rewards are distributed each 30 minutes, earning you a crazy 157,700.08% APY, by just holding the token in your wallet.
We are proudly announcing Nosferatu Finance. The leading auto-stake and auto-compound rebase protocol on $FTM. An insanely high, fixed 157,700.08% APY with rewards distributed straight to your wallet.
Token launch is set for Wednesday 23th of February, 22.00PM UTC. More info & details later. Website is set to be launched in the upcoming days. Stay updated!
For now, please follow us on Twitter @ https://twitter.com/NosferatuFTM and read our GitBook @ https://docs.nosferatu.finance
