XBT-Elastic BitcoinDetailed Description

XBT-Elastic Bitcoin Detailed Description

XBT is a fork of $AMPL, a DeFi protocol with an elastic supply model. The total supply of XBT changes daily. Repricing of XBT is randomized to avoid price manipulation. Its price volatility lies in the supply of tokens, which will reach a supply-price balance. $XBT maintains its base price target at 1 $BTC after 100 days.