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Hybrid Automated Rebase System
Hybrid Automated Rebase System (HARS)
HARS This is the next generation rebase system which pays a fixed 3,678% APY to all SGO holders through auto-staking.
Looking at the vaporization projections, it is possible that DRIVE will vaporize SGO to a very low total supply.
To prevent from “over vaporizing”, SGO’s minimum total supply is “bottomed-out” at only 5,000 SGO. The native SGO token will become extremely scarce…
DRIVE is not the only “deflationary measure” to be taken. SGO’s rebase APY will also reduce year-to-year until the 5th year when rebases will cease completely.
Year 1 - 1.00% daily - APY: 3,678.34%
DRIVE will attempt to vaporize 45,000 SGO during year 1 to reach SGO minimum total supply of 5,000 SGO
Year 2 - 0.25% daily - APY: 147.82%
DRIVE will attempt to vaporize 7,391 SGO during year 2 to reach SGO minimum total supply of 5,000 SGO
Year 3 - 0.065% daily - APY: 25.47%
DRIVE will attempt to vaporize 1,273 SGO during year 3 to reach SGO minimum total supply of 5,000 SGO
Year 4 - 0.016% daily - APY: 5.84%
DRIVE will attempt to vaporize 292 SGO during year 4 to reach SGO minimum total supply of 5,000 SGO
Year 5 - All rebasing will stop indefinitely. Total supply is projected to be only 5,000 SGO at this point.
Last modified 6mo ago