Frequently asked questions
Most frequent questions and answers
Is $Medusa a stable coin?
No, $Medusa is not a stablecoin. Rather, $Medusa aspires to become a hyper-deflationary rebase token, with an effort to suck as much governance as possible into its treasury to reward token holders.
How does the Rebase work?
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. Medusa uses a Positive Rebase formula which increases the $Medusa supply of each holder.
How to Stake?
Medusa has created an innovative Auto-Staking token which provides users a simpler way to receive staking rewards. Simply hold $Medusa in your wallet and you will automatically receive staking rewards.
How do I get my Rebase rewards?
The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $Medusa in your wallet.
When does the Rebase occur?
The Rebase occurs every 15 minutes and it distribute 0.02355% of the circulating supply – The Rebase occurs every 15 minutes and it distributes 0.02355% of the tokens in your wallet as staking rewards to $Medusa holders. In order to track the next Rebase, a holder will be able to check the timer on the Medusa staking dashboard.
Where can I buy $Medusa tokens?
The $Medusa token will be available on PancakeSwap.
Is there a Max Supply of $Medusa ?
Yes, there will only be a supply of 2,000,000,000 Token will be generated.