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Rebase Pool
Describing the Rebase Pool in detail.
The acronym RP stands for Rebase Pool, which is a separate wallet in iDot Finance mechanism.
iDot Finance Rebase Pool is backed by a percentage collected from any transaction fee collected that accumulate in the RP wallet, and the Rebase Rewards are backed by an algorithm. It is a separate wallet that collects funds in order to support and stabilize the Liquidity pool. This is especially useful in the event of a sharp sell-off, which could deplete a liquidity pool. This can cause issues because liquidity is what allows the iDot token to be bought and sold. The Rebase Pool acts as a liquidity reserve, preventing this from occurring during a sharp sell-off.
Last modified 9mo ago