> For the complete documentation index, see [llms.txt](https://whalehodl.gitbook.io/whalehodl.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whalehodl.gitbook.io/whalehodl.finance/guides/what-is-a-rebase-token.md).

# What is a Rebase Token?

Rebase Token description.

A Rebase Token is one whose circling supply extends or contracts because of changes in the symbolic cost. This increment or lessening in supply works with an instrument called rebasing. When a rebase happens, the stockpile of the token is expanded or diminished algorithmically, in light of the ongoing cost of every token.

 WHALEHODL WAP exploits a positive rebase equation which expands the symbolic stock, permitting $WHALEHODL holders to continue to develop their tokens, as in a customary marking convention. In any case, our utilization of a rebasing token disposes of the need to endorse and generally stake your tokens. 

The positive rebase is upheld by a IFV, which is guaranteed and upheld by the symbolic's trade expenses.