DeFi100 price

D100

DeFi100 is a digital asset with a capitalization that is based on the total DeFi industry market cap at the ratio of 1:100 billion.

The process of rebasing takes place when the spot price of DeFi100 is not in balance with its target price. Rebase can be positive (the spot price is above the target price, so the token supply expands to lower the spot price) or negative (the spot price is below the target price, so the token supply decreases).

The D100 token is pegged to the value of the total DeFi market cap, which changes every day. The role of the rebase function is to keep DeFi100 pegged to the DeFi market cap.

The D100 token follows a pattern of elastic supply. The rebase function is used regularly to achieve a balance between the spot price and the target price.

DeFi100 was launched with a circulating supply of 2,500,000 tokens. Bidding was available at BakerySwap, and the tokens were distributed immediately after the presale. Added liquidity is locked for 11 months, starting in February 2021.

Of the total D100 supply, 5% was reserved for the team, 25% was allocated to liquidity pool staking and farming, 20% to liquidity mining (of which 8% is the ecosystem reserve and 12% is liquidity) and the remaining tokens were allocated to the public sale.

DeFi100 (D100) is a BSC-based BEP-20 token. D100 receives price data using decentralized oracles from the Decentralised Information Asset (DIA). Using these feeds allows D100 to execute rebasing every 24 hours.

Oracles are essential to D100’s operation, as they provide smart contracts with off-chain data, serving as adapters between blockchain and the real world.

D100 tokens can be traded on the following exchanges:

• PancakeSwap
• Bilaxy
• BakerySwap

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