It seeks to create a synthetic commodity money with absolute scarcity, yet a manageable supply.
Sounds crazy, but because DBUYs are able to expand and contract the supply by applying changes proportionally to all holders, the scarce ownership of the network can be maintained. After a rebase, all holders own the same share of the network they did before the rebase.
What is Rebase?
Rebasing, also known as the Supply Elasticity function, is a blockchain feature that automatically adjusts the circulating supply at a given time to maintain a price that is pegged to a certain product.
How does Rebase work?
The network is simply divided into a new number of shares.
As TSLA market cap increases, it will be easier to confidently price assets in DBUYs.
What is Doont Vote?
$DBUY also serves as the governance token for Doont Vote, the DAO (Decentralized Autonomous Organization) that oversees the entire $DBUY ecosystem, ensuring that the project is self-sustaining and does not require a sole proprietor.
When will the marketplace go live?
We are currently working on specific use-cases that will work for our artists and community. We expect to release our first marketplace in Phase 3 after we turn on the rebase function and continue to build on top of the foundation of the DBUY token.
Testing Rebase Functionality
Version 1 of the White Paper
Remove Early Investor Tax
Turn on Rebase Function
Multiple exchange listings
Version 2 of the White Paper