Is a
Cryptocurrency attributes
Ticker Symbol
CUM
Block Explorer URL
Other attributes
Cryptocurrency Symbol
CUM
Medium URL
The protocol utilizes rebasing mechanics centered around a constantly increasing price peg which initially started at $0.000001 and is set to increase in price by 42% every 24 hours until it reaches $1,000,000. The current price (oracle price) in relation to the peg price is the deciding factor in determining what kind of rebase will occur. In case of the current price being below the peg price a negative rebase will occur and the total supply of CUM will contract while the price will increase to match the peg, the opposite is true for a positive rebase.
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