Re: 📢[ANN][PRESALE] Base Protocol: HOLD ONE TOKEN - HOLD ALL TOKENS

I'll focus on this matter first before attending to other matters. Based on your example, you peg the price by doubling and reducing the amount your user hold? And how is this achievable? Doesn't it imply that you have control of every token circulating?

Price is pegged by adjusting the total supply of BASE correspondent to the peg disruption. That could be a 100% adjustment, 20% adjustment, or even a 1% adjustment.

The team does not have control over the rebases. It is a feature built into the smart contract that affects all tokens in the ecosystem. Anyone, anywhere can call the rebase to trigger at the rebase time.

Now this is rather confusing. On your first illustration with John, you regulate the price by adding more token to John (from 1 BASE to 2 BASE). By this recent illustration, it was the total supply that's affected, while the amount of BASE each member owned is not affected. Which one is correct? Because although they look the same by glance, they're actually extremely different.

Very suspicious in my opinion and I see there is a red trust attached to you that something big is very suspicious here. A suspicious project.

I think there is a little confusion here. In the original example, John would go from 1 to 2 BASE tokens, that is still very true. We are simply saying that the rebase percentage can be any percentage, it all depends on the target price and current price of BASE. We actually built out a dashboard on our website, so that people can easily understand the numbers behind the rebases. https://dashboard.baseprotocol.org/

And you're missing the point of my question here. I don't give a bother about the numbers, I understand it was just a rounded up numbers for an easy to grasp example. My question is, the way you regulate the value to be pegged at certain number, will it be done by increasing the total supply or will it be done by distributing token generated from the differences of previous total supply and new total supply to each of the holders in proportion of what they own?