What is TurboBase?
$TURBO is a hyper-charged rebase token where anyone can call the token’s rebase function at any time! But, if nobody prompts the rebase, the % will continue to grow until triggered.
Additionally, the rebase rate is set to 10% PER hour. Each time the rebase function is called, the amount of time between it and the previous rebase is translated into a %. (i.e. 6 minutes since the last rebase is 1%, and 60 minutes means 10%)
What are the rebase rules?
A negative rebase of 10% will happen until token price reaches the pegged value of $100. Positive rebases will occur after token price is above spot value of $100.
LP’s are locked until price reaches the pegged value of $100.
