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Cross-chain Rebase Token

  1. A protocol that allows users to deposit into a vault and in return, tokens that represent their underlying balance
  2. Rebase token -> balanceOf function is dynamic to show the changing balance with time.
    • Balance increases linearly with time.
    • Mint tokens to our users every time they perform an action (minting, burning, transferring, or bridging)
  3. Interest rate
    • Individually set an interest ratefor each user based on some global interest rate of the protocol at the time the user deposits into the vault.
    • This global interest rate can only decrease to incentivise early adopters.
    • Increase token adoption.

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