Common questions about Rebase DAO, Node Tokens, Tomb Forks and Titano Forks. If you have any question not listed here, contact us!
What is RebaseTokens?
RebaseTokens is born in September 2021 to track Market Cap data of BSC Rebases (Gravitoken forks). It is managed by a single individual, Alex, with the coding help of MadLucien.
There was no tools to visualize Market Cap data during that time and it served as a Telegram and Twitter tracker for a couple of months, till the total death of Rebases on BSC.
On mid-November 2021, OHM Forks began to pop-out with the Wonderland prime and a lot of new forks began to rise.
On the 4th of December, RebaseTokens started to track OHM Forks as a main target with the creation of a Discord server.
On mid-December, every OHM Forks was on APY frenzy and they literally diluted themselves to death. Someone stayed alive, someone hasn’t.
RebaseTokens decided to expand his targets and include Node Tokens, Tomb Forks and Titano Forks.
Titano Forks got some evolution and now they’re called Autostaking & Autocompounding protocols!
RebaseTokens utilizes data from DexScreener API, CoinGecko and Private API sends it through:
- Telegram Groups
- Discord Server
In the Telegram Groups you can find all the last tracking data, in real-time.
The same messages gets forwarded to Discord, where every token has it’s own Announcement Channel that you can follow and Add to your Server!
Twitter tracking is a rotation of all tokens, with a timespan between messages of 15 mins.
*Market Cap data from DexScreener is calculated from TOTAL SUPPLY so it reflect a Fully Diluted value. It can sometimes be wrong.
To have a comprehensive and categorized list, we have divided the tokens we track into 4 major categories:
– Rebase DAO (DAO Rebasing Tokens, with Bonding and Staking features, similar to Olympus DAO mechanism)
– Autostaking (Autocompound and Autostaking protocols, with Buy/Sell taxes, first one was Titano)
– Algorithmic PEG (3 Tokens, 1 Pegged, 1 Reward and 1 used as Bond, mechanism created by Tomb Finance)
– Node (Only category not a “fork” but inception should be Ring type)
Mainly these tokens are known as OHM Forks, Titano Forks, Tomb Forks and Node Tokens but after some progress in the Forks space, we decided to be more general and not track specific forks anymore.
Rebase DAO / OHM Forks
- Stake (Buy)
It’s the Return of Interest (or how much you gain with the current Rebase Yield) in the 5 days timeframe.
This is just a metric and does not indicate when the protocol will end. With more money in treasury ans same APY, Runway will increase.
See it as a how much time the protocol will need to deplete compeletely the treasury at the actual APY.
Buying back could be risky because it can be manipulated easily by Whales, that will drain LP.
A node is a piece of software that connects to other nodes to create a network. Nodes send, receive and store data. Nodes provide integrity and network security and are a requirement for the blockchain to work correctly.
In the case of the blockchain, these nodes are utilized to enforce the rules or transactions that take place on the blockchain. The nodes are designed to validate these transactions. That’s why you may notice whenever you make any crypto transactions, it usually takes a few minutes at least to process. That’s because on the backend, the nodes are validating and approving the transaction.
Nodes in DeFi are setup as NaaS (Nodes as a Service) that means; example. Strongblock ( a famous Node Project ) takes on the hardware, setup and technical aspect of everything and you just buy a node and don’t have to worry about any maintenance outside of a $14.95/monthly maintenance fee.
So what Strongblock is doing, is taking care of all the heavy lifting and maintenance of the node and providing you a daily reward for buying one, this is how you start to earn passive income from the node.
Really depends on the project but in a general talk, you profit daily on Nodes via Rewards that Nodes give. These rewards are accumulated via the Buyers ( ex. ThorFinancial takes 80% of the buy and places it into a Rewards Pool).
You need time to recoup initial investments with Node but if the project keep alive and price stays the same, you should profit out of them!
Autostaking & Autocompounding
First Autostaking protocol was Titano Finance, transforming DeFi with the Titano Autostaking Protocol (TAP) that delivers the industry’s highest fixed APY, rebasing rewards every 30 minutes, and a simple buy-hold-earn system that grows your portfolio in your wallet, fast.
TAP gives the Titano token automatic staking and compounding features, and the highest Fixed APY in the market 102,483.58%, a daily ROI (Return On Investment) of 1.8999%
Yes, Titano Forks are similar to OHM Forks but not identical.
Titano uses Fixed APY for Rebases, and they occur every 30m.
OHM Forks Rebases occure every 6 to 8 hours and APY is not fixed.
Titano Forks uses % of Tax on Buy/Sells, OHM Forks doesn’t have that (usually).
By accumulating tokens via Rebases and sell when you’re in profit.
Take note of the possible Taxes on Buy/Sell before doing so.
Algorithmic PEG / Tomb Forks
TOMB is the algorithmic token that Tomb Finance produces, which is pegged to FTM through seigniorage. The token is designed to be used as a medium of exchange.
In the Tomb Finance ecosystem, there are 2 more tokens that keep the project working smoothly:
- Tomb Shares (TSHARE): TSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Tomb finance ecosystem. TSHARE stakers also receive TOMB after each epoch expansion.
- Tomb Bonds (TBOND): When the TWAP (Time Weighted Average Price) of TOMB falls below 1 FTM, TBONDs are issued and can be bought with TOMB at the current price. Exchanging TOMB for TBOND burns TOMB tokens, helping to get the price back up to 1 FTM.
Tomb is an optimal model for FTM because FTM tokens will be needed for Validators and TOMB can be used as en exchange token without the need of using it, as it’s pegged to FTM value.
Same concept can be applied on other Tokens/Chains
As they’re pegged to some other coin/Token, if the value of one goes up, the other does too.
You can use these to Farm LP on pair with little to no Impermanent Loss!