Auto-Staking System (X)
To incentivize rebasing, AFTERBURNER's primary appreciation mechanism is staking. Rebase rewards come from revenue generated by the protocol's transaction taxes (fees) and other various yield-generating features.
Staking is a long-term, passive strategy. As your interest in $ARB grows, your cost-entry base will decrease until it reaches zero. This means that even if the market price of $ARB has had enough time to fall below your initial purchase price, the increase in your $ARB amount (thanks to the rebasing) is expected to outweigh the price decrease.
By simply buying $ARB and holding the tokens in your wallet, you earn rebase rewards automatically in your wallet. Your tokens will compound every 15 minutes.
Using a Positive Rebase formula, AFTERBURNER makes it possible for users to accumulate daily rebase rewards, worth 1.28% of the total amount of tokens a $ARB token held in your wallet.
The rebase rewards are distributed on each epoch (rebase period) to all $ARB holders.
This means that without moving their tokens from their wallet, AFTERBURNER holders receive an annual compound interest of 10,100.00%.