181_will
Joined Oct 18, 2022
//2Upvotes
$ECO Token - Linear Rebase as a Monetary Policy
Jun 4, 2023 - The Linear Rebase represents a distinctive aspect within the $ECO system, employing a multiplier to modify the balance held in each wallet, thereby exerting control over the overall supply of $ECO tokens. To put it simply, it is similar to the scenario where the central bank sets a target rate, and everyone's bank account grows or shrinks in accordance to the proposed figure. The multiplier value undergoes a voting process by a dedicated committee comprising selected individuals within the $ECO system.
1
181_will