Rebase Mechanisms

The contract contains a rebase mechanism to ensure the token supply maintains a peg to a predefined value. The peg value is dynamically adjusted based on token price fluctuations, targeting a specific peg.

• Peg Value: Initially set to 0.5318008 USD but automatically adjusts to 5318008 * 10^x.
• Rebasing Process:
  • The contract adjusts the total supply by recalculating the conversion rate between BaseUnits and PublicUnits.
  • The rebasing logic factors in the price difference between Chainlink and Uniswap feeds to ensure that the price feeds have not been manipulated and the price is within a specified range before adjusting the supply.
  • After each rebase, the peg value may be adjusted by factors of 10, increasing or decreasing based on the total supply.
• Rewards: Users who successfully initiate a rebase are compensated with additional tokens, calculated based on the gas costs to call the rebase function and a reward multiplier.