Quote from: BaseProtocol on Today at 03:05:17 AM

Quote from: Arrrvin on October 31, 2020, 09:08:33 AM

Quote from: holydarkness on October 30, 2020, 08:16:59 PM

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?

I'm reading the Litepaper presently, and it's the latter.

Quote from: Base Protocol Litepaper

Consider this example, where tp = $1:
t₁ : Starting Equilibrium
John has 1 BASE worth $1.
t₂ : Price Increases
John has 1 BASE worth $2.
t₃ : Ending Equilibrium
John has 2 BASE each worth $1.

As a non-dev I'm not sure yet how that will be achieved technically on Ethereum.

Thanks for helping out with the answer, hope the litepaper explained things well! Rebasing is pretty standard at this point, and actually works on Ethereum in a very affordable way!

As we are now on the same page about how you'll "stabilize" your price, namely by airdropping token to each holder respective to the increment rate of total crypto marketcap, how will you execute this method for the case of total marketcap decrement? Just like they're subjected to increment by minting and birth of new tokens, cryptocurrency suppliws are also subjected to decrement by burning, delisting, etc. You'll take tokens from your holder, then?