– How does the Rebase work?
1’ – The Rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. DRW uses a Positive Rebase formula which increases the $DRW supply of each holder.
2 – How to Stake?
2’ – DRW has created an innovative AutoStaking token which provides users a simpler way to receive staking rewards. Simply hold $DRW in your wallet and you will automatically receive staking rewards.
3 - How do I get my Rebase rewards?
3’ – The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $DRW in your wallet.
4 – Where can I buy $DRW tokens?
4’ – The $DRW token is available on PancakeSwap. 5 – What is the slippage for the trade?
5’ – There are two different Slippages which can be used for trading $DRW:
1 | When you wish to buy, you will need to put the slippage at least at 13%.
2 | When you wish to sell, you will need to put the slippage at least at 19%.
You might need to add higher slippage during times when there are lots of buys and sells of DRW but you should only ever incur the same buy and sell fees as mentioned above.
6 – Is there a Max Supply of $DRW ?
6’ $DRW is a token with elastic supply and there are no standards for its quantity. $DRW does not have a Maximum Supply.
7 – When does the Rebase occur?
The Rebase occurs every 30 minutes and it distribute 0.04208% of the circulating supply as the Rebase occurs every 30 minutes and it distributes 0.04208% of the tokens in your wallet as staking rewards to $DRW holders. In order to track the next Rebase, a holder can check the timer on the DRW staking dashboard.
8 - How does DRW control inflation?
8' - DRW is a token with an elastic supply that is controlled by a series of algorithms and elements. The goal is to always create a rising floor for the token. We use buy and sell fees as a key component for the token price and rewards.
The fees ensure a backing value of the token which helps sustain the price of DRW . The scenario is: When DRW trades below its backed liquidity the DRW Protocol buys-back and burns DRW , decreasing supply. This allows the DRW token to achieve a stable floating value while never falling below the value of its backed liquidity. DRW uses our Liquidity as the backing asset.
In addition, we also have Auto Jet Burn program, which reduces the number of coins in circulation and causes the value of the coin to increase. Every week, ~4% of the total circulating supply will be burned. This percentage will evolve over the days based on our Automatic Jet Burn algorithm. The burn calculation will be updated daily according to the number of holders and the tokens held by each.
9 - Are devs doxxed?
Yes. The team is composed by pseudo-anonymous developers, marketing strategists and DeFi analysts and professional traders. All the members are located in different North America and Asian demographic zones.
10 – How is the APY Sustained?
9’ – DRW uses buy and sell taxes in order to sustain its fixed (static) APY. This means we will never lower or raise the APY of the project. When users buy DRW , 13% of their purchase goes towards the protocol, when they sell, 19% goes to the protocol as well. This is one of the main ways we achieve and sustain the APY, thus the reason why you need to pay this tax. We also have other utilities like DRW FLY coming soon, which takes pressure off the APY. We also do weekly burns of the total token supply to control inflation. More features are in the work to help sustain the project by lowering inflation and creating additional revenue for the project.
11 – Is DRW Audited?
11’ – YES, DRW smart contract was audited be Tech Audit.
12 – Is DRW a DAO/OHM FORK?
12’ – DRW is NOT a DAO, we are instead an entirely new type of protocol. Rather than bonding, DRW uses buy and sell fees of 13 and 19 percent respectively, in order to sustain its APY. Another big benefit of DRW is its auto-staking capability, in which you do not need to traditionally stake your coins anywhere. Instead, the second you buy DRW , all you have to do is sit back and watch your wallet accumulate more every 30 minutes.
13 – What will we do with the Treasury?
13’ – The treasury functions as an additional financial support for the DRW Insurance Vault. This additional support can become important in the event of an extreme price drop off of the $DRW token. The treasury is also used to fund new DRW products, services, and projects that will expand and build up the DRW Protocol use cases and the DRW economy.
14 – DRW Utility Plans?
14’ – We plan on expanding the DRW ecosystem by adding new features and partnerships along the way. One new feature, DRW Fly, will be introduced soon. Allowing users to enter their tokens for a risk free chance of winning big jackpots. Other features coming soon include the DRW NFT’s, Mobile App, Cross-chain, Merchandise, and so much more. To execute our vision, we need lots of utilities, so our agenda is not to try and build everything in-house but also to engage in partnerships allowing us to create lots of utilities fast.