{"id":1830,"date":"2020-09-17T10:27:26","date_gmt":"2020-09-17T07:27:26","guid":{"rendered":"https:\/\/esatoshi.club\/?p=1830"},"modified":"2020-09-17T10:27:36","modified_gmt":"2020-09-17T07:27:36","slug":"rebased-x-satoshi-club-ama-recap-from-14th-of-september","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/09\/17\/rebased-x-satoshi-club-ama-recap-from-14th-of-september\/","title":{"rendered":"Rebased x Satoshi Club AMA Recap from 14th of September"},"content":{"rendered":"\n

Welcome to another episode of Satoshi\nClub AMA Series. Today we would like to tell you about the AMA session with our\nfriends from Rebased<\/a>. The AMA took place\non September 14 and our guests were @Rebased0<\/a> and @DefiMarine<\/a><\/p>\n\n\n\n

The total reward pool was $1000 and it\nwas splitted into three parts.<\/p>\n\n\n\n

In this AMA Recap we will try to\nsummarize some of the most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Hello, Satoshi Club! We are proud to\nannounce that our guests today are from Rebased. @Rebased0<\/a>\n@DefiMarine<\/a> you are welcome. 😀<\/strong><\/p>\n\n\n\n

Defi Marine: <\/strong>Hi everyone.<\/p>\n\n\n\n

Rebased: <\/strong>Hello \ud83d\ude42 glad to be here!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Can you introduce yourself and how\ndid you start with Rebased?<\/p>\n\n\n\n

Rebased: <\/strong>Sure. Happy to take this one@DefiMarine<\/a><\/p>\n\n\n\n

Me and\nDefiMarine represent the rebased team together with some very dedicated\ncommunity mods. The rest of the team decided to stay out of the focus. I am in\nthe space sind early 2016. I mainly have a marketing and PR background. DefiMarine\nis the Lead Dev and the brain of the project.<\/p>\n\n\n\n

We started\nwith REB in June 2020 and listed on Uniswap on August 18 after a successfull\npublic sale. we basically wanted to improve AMPL and decided to do it on our\nown with the help of our community!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Congrats! You were fast😀<\/p>\n\n\n\n

Rebased: <\/strong>Yes we were. We hard forked AMPL and\nimproved it. So to be fair there was already a foundation to work with.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>What did you want to improve in AMPL?<\/p>\n\n\n\n

Defi Marine: <\/strong>We wanted to create something that’s\nmore trustless with automated Oracles and without admins. We also have faster\nrebases and a few other improvements.<\/p>\n\n\n\n

Rebased: <\/strong>100% trustless protocol which is\nfundamentally different from what AMPL. no private investors, no seed investors\nthat got a lot of coins with huge discounts. We wanted REB to be a community\nowned project. This is why the team has a 0% allocation as well.Faster rebases, decentralized oracle, immutable\nsmart contracts.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>How was your public sale organized?<\/p>\n\n\n\n

Rebased: <\/strong>It was via a purchase form on our\nwebsite. Very simple. Connect with metamask and swap ETH for REB via a smart\ncontract. We also did the marketing ourselves.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Did you have maximum for one\npurchase?<\/p>\n\n\n\n

Rebased: <\/strong>No we did not have max for one\npurchase. There are soo many ways to circumvent that. It would have been effort\nfor nothing from our side. Whales just purchase from different wallets. So a\n“buy limit” is pretty useless to be honest.<\/p>\n\n\n\n

Q1 from bitcointalk user\nxxmetalmartyrxx<\/strong><\/p>\n\n\n\n

This question is for DeFi Marine\n(lead dev). We all know the REBv1 code was audited by Hacken, and they failed\nto identify the exploit that allowed over 60ETH arbitraged out of the liquidity\npools. With this in mind, has your opinion concerning the value of audited\nsmart contracts decreased? Secondly, and more specifically concerning REBv2,\nwill you have REBv2 audited? If not by a third party, would it be a possibility\nfor you to show which lines in the smart contract have changed from REBv1 to\nREBv2? This could serve as a quasi-audit, as REBv2 investors could trust that\neverything other then the new lines of code have been audited by Hacken.<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>I still think that security audits\nare valuable in general but I don’t think that another audit is necessary at\nthis point. Code complexity has mostly been reduced for Reb2 and we have added\nprotections against the pools sync attacks. We can definitely write a blog post\nthat points to the changed locations in the code with some explanation.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So, that’s was also Hacken fault?<\/p>\n\n\n\n

Defi Marine: <\/strong>Well, it’s debatable since it wasn’t\nreally a bug in the Rebased code. The problem was the interaction with AMMs.\nBut of course it would still have been nice if they had found the issue before\nit was exploited. Anyway, it’s all fixed in Rebased v2.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Shure you find a fast and secure way.<\/p>\n\n\n\n

Rebased: <\/strong>AMPL had the same problem and I believe\nRMPL as well. The difference is… we have immutable smart contracts. So we\ncannot just change them when we feel like it. So we were forced to do a hard\nfork, a new improved version of REB2. With upgradable smart contracts you have\nto really trust the admins that they do not change code and decide to increase\nsupply, change rebase mechanism etc. etc. We created a trustless alternative.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Yes, that was important, So, you removed human\nfactor.<\/p>\n\n\n\n

Defi Marine: <\/strong>Yes, also have a fully automated\nOracle instead of the multisigs that AMPL uses. Our Oracle calculates the price\nbased on the average ETH\/REB and ETH\/USDC rates on Uniswap (we’re moving\neverything to SushiSwap for REB2).<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So, you are not on Uniswap anymore?<\/p>\n\n\n\n

Defi Marine: <\/strong>We’re in the process of moving\nliquidity over to SushiSwap. It’ll take some time to complete the move.<\/p>\n\n\n\n

Rebased: <\/strong>True. We wanted to move to Sushiswap and\nsupport the new DEX. The goal is of course to become a part of the chefs menu\nin the near future as well!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>As i know SushiSwap lost its\nliquidity and it moved to Uniswap lately? But you are moving there anyway?<\/p>\n\n\n\n

Defi Marine: <\/strong>It was the other way round. SushiSwap\nhas more liquidity than UniSwap right now.<\/p>\n\n\n\n

Rebased: <\/strong>SushiSwap lost some of its liquidity\nyesterday because the Sushi blockreward dropped from 1000 to 100 Sushi per\nblock, but it is still a very liquid DEX and it offers users the incentive to\nearn add rewards via their native token.<\/p>\n\n\n\n

Q2 from Bitcointalk user linderm<\/strong><\/p>\n\n\n\n

Regarding the incentive program for\nLPs you have written on your website, you have written: Read our step-by-step\nguide here (link will be provided later today). Why it is not updated yet? I am\nfollowing for a couple of days already. Please explain how does it function.<\/em><\/p>\n\n\n\n

Rebased: <\/strong>We already updated it \u2014> https:\/\/medium.com\/@rebased\/new-liquidity-provider-incentive-program-launched-on-sushiswap-c9848af84d4e<\/a>ppl can currently participate in our\nLP incentive program and earn up to 2000% APY.<\/p>\n\n\n\n

Defi Marine: <\/strong>All you have to do is add liquidity\nto the REB2\/ETH pool on SushiSwap. Rewards will get airdtopped at the end of\nthis month. Like @Rebased0 said, given the current low liquidity this means\n2,000+% APY right now. First step is to buy some REB2 on Sushi. https:\/\/sushiswap.vision\/pair\/0xc4dE5Cc1232f6493Cc7BF7bcb12F905eb9742Bd7<\/a>\n<\/p>\n\n\n\n

Or, swap REB\nfor REB2 if you have any. 😊<\/p>\n\n\n\n

Rebased: <\/strong>Or you buy REB1 on Uniswap since we\nhave much more liquidity there and just swap it via swap.rebased.fi<\/p>\n\n\n\n

Defi Marine: <\/strong>Yes, if you want to stake large\namounts you still; get a better deal by buying REB v1 and swapping.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Are prices for REB1 and REB2\ndifferent?<\/p>\n\n\n\n

Defi Marine: <\/strong>They’ll likely diverge soon though as\nREB2 will start rebasing today. Also REB v1 will ultimately be phased out so keep\nthat in mind.<\/p>\n\n\n\n

Rebased: <\/strong>To give a deeper insight:<\/p>\n\n\n\n

We have\nlocked liquidity for REB1 on Uniswap via a timelock smart contract. (not\nunicrypt where people can still easily rug pull) – we did it the real and\ntransparent way. So we still have a lot of liquidity there and can’t move it\nuntil mid-November. The team provided new liquidity for REB2 on SushiSwap as\nwell, but it is still lower than REB1 currently. So we created the LP incentive\nprogram with huge APR e.g.<\/p>\n\n\n\n

Defi Marine: <\/strong>The REB liquidity lock expires on\nNovember 14. So on that day, most of the liquidity will move from the REB pool\nto the REB2 pool.<\/p>\n\n\n\n

Q3 from Telegram user @ion_cristescu<\/strong><\/p>\n\n\n\n

Please explain how is the rebase\nfunction happening and what are the benefits? Where should I hold the funds?<\/em><\/p>\n\n\n\n

Rebased: <\/strong>Where should I hold the funds?<\/p>\n\n\n\n

Rebase will\nalways affect your holdings. However, we strongly recommend to hold the tokens\nin your wallet (best is Metamask in my opinion). I am pretty sure you know the\nfamous saying “not your keys, not your coins”. So keep your coins on\nyour wallet and not on an exchange.<\/p>\n\n\n\n

So for all\npeople reading\/watching now. An elastic supply coin will not 100x!! This not\nthe goal and this is not how you make money. You make money with positive\nrebases and a growing supply<\/p>\n\n\n\n

Defi Marine: <\/strong>The rebase function adjusts the\nsupply of the coin in order to achieve a price target of $1. The goal is to\nremain relatively stable at $1 in the future. So if anybody tells you that\nelastic supply coin XY will make 100x… you know that this person has no clue<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>But if it’s third side wallet? Anyway\nrebase will happen?<\/p>\n\n\n\n

Defi Marine: <\/strong>Yes. Rebase affects every balance in\nevery wallet.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> I will remember this, very good\nadvice 😀 now you are between 0.96$ and 1$, am i right?<\/p>\n\n\n\n

Defi Marine: <\/strong>Actually we’re quite a bit lower than\nthat at the moment. However, you should keep in mind that circulating market\ncap is also very low – in the low hundred thousand. so things can change very\nquickly. This is not investment advice.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Thank you, so theoretically, i can\nhold REB on any wallet. P.s. i know what you reccomend, it’s really one of the\nmost important things to know in crypto. How often rebase happening?<\/p>\n\n\n\n

Defi Marine: <\/strong>If you don’t plan on touching your\nREB for a while it’s best to send them to a cold wallet. Otherwise, I’d\nrecommend a mobile wallet like trust wallet.<\/p>\n\n\n\n

Q4 from Telegram user @mag_crypto<\/strong><\/p>\n\n\n\n

You say that there are no pre-mined\ntokens for the team. However, how about the ecosystem fund? Who owns it and who\napproves the transfer of funds from this fund?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Right now the ecosystem funds are in\na regular wallet which is controlled by me. So there’s a little trust involved\nhere. 174k.<\/p>\n\n\n\n

Rebased: <\/strong>The ecosystem fund is e.g. used for\nthe LP incentive rewards, to pay our community mods, influencer etc.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Who decide where funds will go? Do\nyou have something like a voting?<\/p>\n\n\n\n

Rebased: <\/strong>For the LP incentive program we voted\ninternally. One time we did a vote with the community for spending funds, up to\nthis point we have not found the perfect solution for this. However, we will\nalways act in the best interest for REB and the community of course.<\/p>\n\n\n\n

Defi Marine: <\/strong>Tbh it seems like too big of an\noverhead right now since we want to move forward with the core infrastructure,\nlike building a dashboard and other important things for REB2. A voting system\ncan come later.<\/p>\n\n\n\n

Q5 from Telegram Username @Aleurich<\/strong><\/p>\n\n\n\n

How will the amount of RBD that I\nhave in my wallet be modified? If it is to increase it, a deposit will be made,\nbut how will you withdraw the tokens from my wallet when a rebase occurs?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>There are no actual deposits or\nwithdrawals made. The rebase adjustment are built right into the Rebased ERC20\ncontract. Your balance is always calculated dynamically based on an internal\nconversion rate.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Everything is done by smart contract,\nso any additional expenses for deposits and withdrawals. Can you tell us more\nabout conversion rate?<\/p>\n\n\n\n

Defi Marine: <\/strong>I use the term “conversion\nrate” loosely. There’s an internal variable in the smart contract that\ngets adjusted with every rebase. Every time you query the total supply or\nanyone’s balance or move tokens this adjusted value is used. This way the\nvalues can be adjusted globally and equally for everyone without depositing or\nwithdrawing tokens. And the total supply can change without burning or minting.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So, just number of tokens are\nchanging in my wallet, talking from user side.<\/p>\n\n\n\n

Defi Marine: <\/strong>Yes, exactly. The number of tokens in\nliquidity pools like Uni and Sushi changes as well which means that the price\nalso changes instantly.<\/p>\n\n\n\n

Q6 from Telegram Username @Jonahapagu<\/strong><\/p>\n\n\n\n

Your rebase happens every 12H By 9Am\nand 9pm CET\u2026 making rebase time known to the public was found out to be one of\nthe main disadvantages of AMPL because this could lead to manipulation by bots\nand traders don\u2019t you also see this as a challenge.<\/em><\/p>\n\n\n\n

Rebased: <\/strong>Why no random rebase.<\/p>\n\n\n\n

The random\nrebase is useless because nobody gains from manipulating the price in advance\nof the rebase. If you pump the price you just inflate everyone else’s token\nmore along with yours, including the number of the tokens in the LP so you\nsimply end up with more tokens of a lower value. We had this question a lot of\ntimes already.<\/p>\n\n\n\n

Defi Marine: <\/strong>I don’t think that known rebase time\nis a disadvantage. Random rebase is just a marketing gag.<\/p>\n\n\n\n

\n\n\n\n

PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n

The\nchat was open for 80 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guests chose some of them. <\/p>\n\n\n\n

Q1 from Telegram User @melanintrish<\/strong><\/p>\n\n\n\n

Kindly explain how the LP INCENTIVE\nPROGRAM WORKS<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Check this article: https:\/\/medium.com\/@rebased\/new-liquidity-provider-incentive-program-launched-on-sushiswap-c9848af84d4e<\/a>\n<\/p>\n\n\n\n

Q2 from Telegram User @kun4321<\/strong><\/p>\n\n\n\n

When Rebase?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Starting today at 3pm ET. 😊<\/em><\/p>\n\n\n\n

Q3 from Telegram User @Idee01<\/strong><\/p>\n\n\n\n

As a yield farmer that loves to farm\nseveral asset class, how can I farm REB2 on Token Swap and Sushi Swap? What\nmechanism do you use to create balance between these two pools and what other\nasset class can I use, apart from ETH?<\/em><\/p>\n\n\n\n

Rebased: <\/strong>This is easy and quick:<\/p>\n\n\n\n

Everything\nis explained here very well \u2014> https:\/\/medium.com\/@rebased\/new-liquidity-provider-incentive-program-launched-on-sushiswap-c9848af84d4e<\/a>\n<\/p>\n\n\n\n

Q4 from Telegram User @sinahanna32<\/strong><\/p>\n\n\n\n

“Community first!”. Aside\nfrom distributing REB2 tokens, something shows that REBASED is only interested\nin the community. What is the goal that REBASED wants to bring to the\ncommunity?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>The Rebased team is working very\nclosely with our community. We’ve had several votes on important stuff in the\npast, including an emergency monetary policy act where negative rebases were\nstopped for a while. We don’t yet have a formal community governance mechanism\nbut we’re considering introducing one in the mid-term after the basic system is\ncompleted.<\/p>\n\n\n\n

Q5 from Telegram User @spectrej<\/strong><\/p>\n\n\n\n

Could it cause some troubles for the\nsystem if a user is trading exactly at the time of the rebase?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Nope. can’t cause a problem.<\/p>\n\n\n\n

Q6 from Telegram User @dungpro123<\/strong><\/p>\n\n\n\n

1.Can you list 1-3 killer features of\nREBASE that makes it ahead of its competitors? What is the competitive\nadvantage your platform has that you feel most confident about?<\/em><\/p>\n\n\n\n

2.Lately many scams happen because\nfounders remove liquidity or just disappear with money, How did REBASE solve\nthis problem, and earn more investors and trusted from users?<\/em><\/p>\n\n\n\n

Rebased: Why REB?<\/strong><\/p>\n\n\n\n

Rebased is a\nfork of the recently hyped Ampleforth project \u2013 with clear and required\nchanges.<\/p>\n\n\n\n

Immutable smart contracts<\/strong><\/p>\n\n\n\n

Comparable\nsystems like Ampleforth allow administrators to change all aspects of the\nsystem including its monetary policy. Rebased locks in its monetary policy from\nday 1 via non-upgradeable smart contracts.<\/p>\n\n\n\n

No admin accounts<\/strong><\/p>\n\n\n\n

The rebase\nsmart contracts don’t have admins. The only aspect of the system that is\ninitially managed by the team are the Oracle addresses. This access will be\nrevoked once there is sufficient liquidity for the ETH\/REB pair and the Oracle\nsystem has been completely decentralized.<\/p>\n\n\n\n

Publicly callable rebase mechanism<\/strong><\/p>\n\n\n\n

Rebased\nallows anyone to trigger a rebase once sufficient time has elapsed since the\nlast one. This means that there is no trusted “operator” who needs to\ncall the rebase function (and could refuse to perform the rebase or stop doing\nrebases at some point).<\/p>\n\n\n\n

Rebase every 12h<\/strong><\/p>\n\n\n\n

The higher\nrebase rate will allow us to find the desired equilibrium in a faster and\nhealthier way. In addition, price fluctuations will be lower and allow the\ninvestor to better assess the associated risk.<\/p>\n\n\n\n

Inflation-resistant price target<\/strong><\/p>\n\n\n\n

REB is\ndesigned to track the purchasing power of one 2020 US dollar as represented by\nthe Consumer Price Index (CPI). This makes REB a stable store of value that is\nunaffected by inflation.<\/p>\n\n\n\n

Fair token allocation<\/strong><\/p>\n\n\n\n

We have\nchosen a fair initial token distribution for optimal decentralization and\nlong-term sustainability of the network. Community comes first! No seed or\nprivate investors.<\/p>\n\n\n\n

2) We can’t\nrug pull our liquidity. We locked it via a timelock contract that is public as\nwell. <\/p>\n\n\n\n

We initially\nlocked 375k USD in ETH and 375k in REB1 on Uniswap. This is all still there and\nlocked. Of course it changed because the price of REB changed as well.<\/p>\n\n\n\n

But we are\nhere for 1 month now and we did everything to prove that we are a srs team! We\ngot the audit. All codes are always public. We did the hard fork for extra\nsecurity etc. etc. We’ve had an audit from Hacken of Rebased V1. The report is\nhere: https:\/\/github.com\/RebasedToken\/audits<\/a>\n<\/p>\n\n\n\n

Q7 from Telegram User @Eraybukucu<\/strong><\/p>\n\n\n\n

While going through your Twitter\naccount, I came across some of the things that are yet to be completed which\nincludes “Get code audited by a trusted third party”. Don’t you think\nthe contract should have been audited before the pre-sale? Should in case\nthere’s a bug, what’s going to happen to early investors fund?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Same as above.<\/p>\n\n\n\n

Q8 from Telegram User @tv100029<\/strong><\/p>\n\n\n\n

The oracle problem is one of the\nmajor challenges imposing the success of DeFi, as decentralized oracles\nmitigates the risks of a central point of failure. Chainlink is the absolute\nLEADER of this market. So, what are competitive advantages between Rebased\nOracle with ChainLink?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Rebased uses Uniswap v2 Oracles. It\ndoesn’t require any off-chain providers to work.<\/p>\n\n\n\n

Q9 from Telegram User @jobel4<\/strong><\/p>\n\n\n\n

I have Reb1 token in my Trustwallet\nand I see in your website that it can swap in Sushiswap only. So how can I swap\nmy token and how it will be valuable? Can I swap it through Uniswap? Which\nexchange are you wish to be listed this coming months?<\/em><\/p>\n\n\n\n

Rebased: <\/strong>You can swap via swap.rebased.fi !!\nThis has nothing to do with UniSwap or SuhiSwap. <\/p>\n\n\n\n

After the\nswap make sure to add REB 2 to your metmask. To add REB2, open the “Add\ntokens” dialog in the “Assets” tab and click “Custom\ntoken”. Use this token address: 0x87F5F9eBE40786D49D35E1B5997b07cCAA8ADbFF<\/p>\n\n\n\n

After that\nyou can trade REB2 on Sushiswap if you want.<\/p>\n\n\n\n

Q10 from Telegram User @BlancaSdF<\/strong><\/p>\n\n\n\n

Being honest, do you expect a REB3\nversion for rebase in the future? or you discard this possibility?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>That’s highly unlikely.<\/p>\n\n\n\n

Q11 from Telegram User @chunhocxitrum<\/strong><\/p>\n\n\n\n

How would Rebased\u2019s oracles solve\n“decentralized” problem while ChainLink is seem\n“centralized”?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>Our Oracles get all price data from\nAMMs on Ethereum. So this price data is created by the market and doesn’t\nrequire input from a trusted entity.<\/p>\n\n\n\n

Q12 from Telegram User @imelruy<\/strong><\/p>\n\n\n\n

How can I trust a person who is\ntotally unknown to me? As the wallet is handled and controlled by yourself how\ncan we sure about our funds that I will never scammed?<\/em><\/p>\n\n\n\n

Rebased: <\/strong>Your funds have nothing to do with\nthe wallet of the ecosystem fund that we control. We have no control over any\nfunds of any private holder of REB2. This is technically impossible.  With the ecosystem fund tokens you have to\ntrust us. And we have proven several times that we are only acting in the best\ninterest for REB and our community.<\/p>\n\n\n\n

Q13 from Telegram User @Loversss10<\/strong><\/p>\n\n\n\n

Will resources, such as\ndatasets\/algorithms, be completely open for quality inspection prior to staking\non them? Or only a limited version of them?<\/em><\/p>\n\n\n\n

Defi Marine: <\/strong>All source code including Oracles is\nMIT-licensed and available on Github and Etherscan.<\/p>\n\n\n\n

Q14 from Telegram User @Ketz23<\/strong><\/p>\n\n\n\n

Can Rebased explain how much is the\nMaximum Supply & is there a program like Mining or Burning?<\/em><\/p>\n\n\n\n

Rebased: I<\/strong> have to give you a short and cheeky\nanswer here. Make sure you get familiar with the concept of elastic supply. If\nyou research it yourself, you will learn a lot more.<\/p>\n\n\n\n

But very\nsimple: No max supply \u2014> elastic supply, no mining, no burning.<\/p>\n\n\n\n

\n\n\n\n

PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n

As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about Rebased. A link to a Quiz form were\nsent into the chat. Participants had 10 minutes to answer. 600$ were distributed\namong winners.<\/p>\n\n\n\n

For more information and future AMAs, join our\nSocial Media channels: <\/strong><\/p>\n\n\n\n

English\nTelegram group: https:\/\/t.me\/Satoshi_club<\/a> <\/p>\n\n\n\n

Russian\nTelegram group: https:\/\/t.me\/satoshi_club_ru<\/a> <\/p>\n\n\n\n

Spanish\nTelegram group: https:\/\/t.me\/satoshi_club_spanish<\/a> <\/p>\n\n\n\n

Telegram\nChannel: https:\/\/t.me\/satoshi_club_channel<\/a> <\/p>\n\n\n\n

Website: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Twitter:\nhttps:\/\/twitter.com\/esatoshiclub<\/a>  <\/p>\n\n\n\n

Our Partners: <\/strong><\/p>\n\n\n\n

Rebased\ncommunity: https:\/\/t.me\/rebasedTG <\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to another episode of Satoshi Club AMA Series. Today we would like to tell you about the AMA session with our friends from Rebased. The AMA took place on September 14 and our guests were @Rebased0 and @DefiMarine The total reward pool was $1000 and it was splitted into three parts. In this AMA […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/1830"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=1830"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/1830\/revisions"}],"predecessor-version":[{"id":1832,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/1830\/revisions\/1832"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=1830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=1830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=1830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}