Volume (24h)
$3.95
Total supply
6,500,000 XBN
Max. supply
6,500,000 XBN
Elastic BNB (XBN)
$ 0.00
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updated $0Market cap$0
Volume 24h$3.95
Elastic BNB (XBN) is a dynamic cryptocurrency designed to maintain price stability relative to BNB. It achieves this through an elastic supply mechanism that adjusts based on demand, expanding or contracting to keep its value pegged closely to BNB.
Frequently asked questions
What is Elastic BNB (XBN) and how is it different from regular BNB?
Elastic BNB (XBN) is a rebase token that automatically adjusts its supply to maintain a stable value relative to BNB. Unlike regular BNB, which has a fixed supply, XBN's circulating amount changes dynamically to keep its price aligned with BNB.
How does Elastic BNB's technology work?
XBN uses a rebase mechanism that periodically adjusts the token supply based on market conditions. If the price is above the BNB peg, the supply increases; if below, it decreases. This happens algorithmically without requiring user interaction.
How is Elastic BNB's supply controlled?
XBN's supply is controlled by smart contracts that execute rebases, typically daily. The protocol mints new tokens when demand is high and burns them when demand drops, always aiming to maintain the BNB peg.
How can I store and use Elastic BNB?
XBN is an ERC-20 token compatible with most Ethereum wallets like MetaMask. You can store it like any other ERC-20 token and use it in DeFi protocols that support elastic supply tokens.