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What is Rebase?

Learn about Rebase tokens

Rebase

Rebase is basically adjusting circulating capacity i.e decrease by burning out the tokens or increase by adding tokens to supply - including all holder's and LP's holding tokens count. This is done in order to adjust the token price, without affecting the value of anyone's share of tokens. This increase or decrease in supply works with a mechanism that adjusts the supply algorithmically.

Positive rebasing

The Let's Earn Protocol takes advantage positive rebase formula which increases the token supply allowing $LETSEARN holders to keep growing their tokens, like in a traditional staking protocol. However our use of a rebasing token eliminates the need to approve and traditionally stake your tokens.