๐Ÿ—บ๏ธHybrid Automated Rebase System

Hybrid Automated Rebase System (HARS)

What is 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 โ€œover vaporizingโ€, SGOโ€™s minimum total supply is โ€œbottomed-outโ€ at only 5,000 SGO. The native SGO token will become extremely scarceโ€ฆ

DRIVE is not the only โ€œdeflationary measureโ€ to be taken. SGOโ€™s rebase APY will also reduce year-to-year until the 5th year when rebases will cease completely.

STRUCTURE

Year 1 - 1.00% daily - 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 - 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.

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