- A protocol that allows user to deposit into a vault and in return, reciever rebase tokens that represent their underlying balance.
Rebase token -> balanceOf function is dynamic to show the changing balance with time.
-Balance increases linearly with time.
-Mint tokens to our users every time they perform an action (minting, burning, transferring, or... bridging)
-Interest rate
-Individually set an interest rate for each user based on some global interest rate of
the protocol at the time the user deposits into the vault.
- this global interest rate can only decrease to incentivise/reward early adopters.
- Increase token adoption# RebaseToken
-
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