Post
Topic
Board Altcoin Discussion
Re: How AMPL rebase tokens if they are in your hard wallet?
by
IggySe7ven
on 21/10/2020, 00:00:25 UTC
The token rebase mechanism is magical, people only keep tokens and get more tokens printed when the value of the AMPL decreases. Currently, the capitalization of AMPL is getting bigger and bigger with the number of tokens issued.
I think that would be illegal and make the AMPL no more scarce and more created.

ok, thanks for explanation, is that only for ERC-20 tokens? They cant do the same with bitcoin because its not smart contract correct?