Ditto Money New Single Staking For xDITTO

Ditto Money New Single Staking For xDITTO

Users can now Stake DITTO to earn ALLOY in Ditto Money platform.

How to Stake on Ditto Money?
Visit Here: https://app.ditto.money/arena

About xDITTO

xDITTO is a non-rebasing BEP20 token that is swappable for DITTO at a variable rate. It’s purpose is to create an asset is tied to the market cap of DITTO, can be easily listed on CEXes, can be used in more yield farms and dapps to expand DITTO’s total reach and market cap. xDITTO is can only be created by locking DITTO meaning that it does not dilute DITTO’s market cap.

About Ditto Money

The first elastic supply token on the Binance Smart Chain.

Elastic Supply

The goal of Ditto is to maintain a stable price of 1$.

In order to achieve this, our supply will adapt to changes in demand. All supply changes apply equally to every wallet holding Ditto. You will always have the same % of the total supply.

The supply changes occur during an event called Rebase. A Rebase can be negative (supply shrinks) or positive (supply grows). If the price target is met no Rebase is needed and the supply will remain unchanged.

Dynamic rebases

Negative rebases are amplified to make Ditto return into positive rebase territory faster. This prevents long periods of negative rebases. Rebases can also be triggered up to 6 times per day, resulting in a token that maintains its peg very efficiently.

Stable peg

Just like its real-life counterpart, Ditto token efficiently morphs in the form required to maintain a $1 peg. This makes Ditto a stable store of value that is unaffected by the volatility that plagues other cryptocurrencies.

Fast, low cost transactions

Elastic supply currencies on Ethereum are too slow and expensive for mainstream use. Since Ditto runs on Binance Smart Chain, Ditto users and liquidity providers pay very little fees and get quick confirmations.

Trustless oracles

Ditto uses time-weighted average price (TWAP) price feeds generated by on-chain AMMs. There is no dependence on external Oracles that could be manipulate