Ditto

Ditto

Created using Figma
Created using Figma
The first elastic supply token on the Binance Smart Chain.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • PancakeSwap (v2)
    DITTO/WBNB 2 months ago
    $ 1.03
    $ 289.343 K
    1.98%
    -28.30%
  • PancakeSwap (v1)
    DITTO/WBNB 2 months ago
    $ 1.03
    $ 11.012 K
    1.98%
    -34.29%
  • PancakeSwap (v2)
    DITTO/BUSD 3 months ago
    $ 1.01
    $ 0.0001
    -
    -
To be announced
Additional Details
Categories
Platform

About Ditto

Ditto is a decentralized finance (DeFi) project that runs on the Binance Smart Chain (BSC). It is a fork of the Ampleforth (AMPL) protocol. The goal of the project is to maintain a stable price of $1. Ditto achieves this by altering the supply of the token based on the demand.

When a token has an elastic supply, the number of tokens in circulation can either decrease or increase depending on the situation. Hence, its supply is not limited, as it automatically changes relative to demand through a balancing process called Rebase.

Depending on the price target, a rebase can either be positive or negative. The rebase aims to adjust the token price to the price target, which in the case of DITTO is set at $1. If the price falls below the target, a negative rebase occurs. As a result, the supply drops and the price is expected to increase to the target value.

The opposite happens when the price is higher than the price target: a positive rebase occurs. The supply rises and DITTO price drops to the target.

Regardless of the current rebase, the ratio of the users’ funds to the total supply will always remain the same. The project offers two ways through which users can make profits. They can either earn when there is a positive rebase or when the market capitalization increases.

Activity

Followers:
13 487
VERY HIGH
Tweets:
666
VERY HIGH
30 Days Growth:
72
Members:
2 560
MEDIUM
30 Days Growth:
-17
Alexa

Rank:
293 042
HIGH
Delta:
161 648
Year commits:
2 432
Watchers:
11
Stars:
25
Forks:
34
Open issues:
9

Ditto Last News

$ 0.7059
-22.35%
Crypto Stats
Daily, %:
-22.35%
Weekly, %:
-28.18%
Monthly, %:
-25.10%
Market Info
Market Cap:
$ 603.852 K
Volume 24h:
$ 37.884 K
Circ. Supply:
808.595 K DITTO
Ticker:
DITTO
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