๐ชRebase Token Support
The second version of the Algebra Protocol introduces support for rebase tokens, which are elastic supply tokens. This feature sets us apart from other concentrated liquidity platforms, as we are the first to implement this functionality.
Rebase tokens are often overlooked, but we recognize their potential. That's why we continuously upgrade our technology to incorporate them seamlessly. With rebase tokens, any excess balance is shared among active liquidity providers as a fee, enhancing the support for these tokens and providing a new opportunity for liquidity providers.
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