What is rebasing in crypto

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Base Protocol: Rebase Explained in 10 minutes
Rebase tokens achieve price stability through a process known as a �rebase,� which is triggered at regular intervals (e.g., every 24 hours). A rebase token is a type of cryptocurrency that uses a smart contract-powered price stability mechanism that automatically adjusts the token's. A rebase, or elastic, token is a cryptocurrency whose supply is algorithmically adjusted in order to control its price.

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What is the Core Purpose of Smart Contracts? Rebase tokens, also known as elastic tokens, are a relatively new type of cryptocurrency that relies on an algorithmic mechanism to adjust the token supply in response to demand. The adjustment occurs regularly, for example, every 24 hours. Rebase - a token to which circulating supply automatically adjusts based on the price swings. Projects that use rebasing generally do it as a reward for token holders, and incentivize investors holding the token rather than selling.