{"id":280681,"date":"2022-12-29T12:15:45","date_gmt":"2022-12-29T06:45:45","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=280681"},"modified":"2023-02-13T19:28:41","modified_gmt":"2023-02-13T13:58:41","slug":"vulcan-blockchains-auto-rebasing-layer-1-set-for-release-in-q1-2023","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/vulcan-blockchains-auto-rebasing-layer-1-set-for-release-in-q1-2023\/","title":{"rendered":"Vulcan blockchain\u2019s auto-rebasing Layer 1 set for release in Q1 2023"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Vulcan Blockchain has just announced that its\u2019 novel<\/span> <span style=\"font-weight: 400;\">auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply-side issues affecting market stability. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this vein, the primary key feature of the Vulcan Blockchain is its Auto-Rebasing mechanism, which adjusts the circulating supply of $VUL (the native coin) every 15 minutes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vulcan, named after the god of fire and forge, features unique never before seen blockchain technology. Auto-Rebasing is a unique feature that allows a blockchain to automatically adjust its supply of circulating coins. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This can be an important tool for maintaining the stability and value of the native coin over time, as well as providing a more predictable and transparent monetary policy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/vulcanblockchain.com\"><span style=\"font-weight: 400;\">Vulcan Blockchain<\/span><\/a><span style=\"font-weight: 400;\"> is also Auto-Compounding, which means that as a holder of $VUL, your ownership of coins increases with each epoch.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cIn addition to providing stability, an Auto-Rebasing blockchain can also help to provide greater transparency and predictability,\u201d\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">said <\/span><b>Jason Matthison, COO of Vulcan<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cBy clearly outlining the rules and conditions under which the supply of tokens will be adjusted, an auto-rebasing blockchain can give users and investors a better understanding of the monetary policy of the network. This can help to increase confidence in the network, making it more attractive to users and investors,\u201d<\/span><\/i><span style=\"font-weight: 400;\"> he added.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To add to its Auto-Rebasing, Auto-Compounding capabilities, the Vulcan Blockchain also has a unique burn mechanism, known as the &#8220;Fire Pit\u201d (a null address). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">80% of all transaction fees on the network are automatically sent to the Fire Pit, which is totally inaccessible and burns the coins from the circulating supply forever.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> This feature allows $VUL to become hyper-deflationary and a trusted store of value cryptocurrency over time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The combination of these features and the commitment to decentralization makes the Vulcan Blockchain the ideal platform for DeFi applications. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether you are a user, developer, or investor, the invitation exists to join the <\/span><span style=\"font-weight: 400;\">Vulcan Network<\/span><span style=\"font-weight: 400;\"> on this exciting journey and be a part of the future of DeFi.<\/span><\/p>\n<p><strong>About Vulcan Blockchain<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Vulcan Blockchain is the first blockchain with a built-in Auto-Rebasing mechanism, which adjusts the circulating supply of $VUL (the native coin) every 15 minutes. The Vulcan Blockchain is also Auto-Compounding, which means that as a holder of $VUL, your ownership of coins increases with each epoch. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The combination of these features and the commitment to decentralization makes the Vulcan Blockchain the ideal platform for DeFi applications.<\/span><\/p>\n<p><strong>Media Contact:<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Adrian Pante<\/span><\/p>\n<p><span style=\"font-weight: 400;\">adrian.p@vulcanblockchain.com<\/span><\/p>\n<p><strong>Disclaimer: This is a paid post and should not be treated as news\/advice.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vulcan Blockchain has just announced that its\u2019 novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply-side issues affecting market stability. In this vein, the primary key feature of the Vulcan Blockchain is its Auto-Rebasing mechanism, which adjusts the circulating<a href=\"https:\/\/ambcrypto.com\/vulcan-blockchains-auto-rebasing-layer-1-set-for-release-in-q1-2023\/\">Continue reading <span class=\"sr-only\">&#8220;Vulcan blockchain\u2019s auto-rebasing Layer 1 set for release in Q1 2023&#8221;<\/span><\/a><\/p>\n","protected":false},"author":66,"featured_media":280683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[18,2],"tags":[],"class_list":["post-280681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hide-cryptopanic","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vulcan blockchain\u2019s auto-rebasing Layer 1 set for release in Q1 2023 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"In the 1st quarter of 2023, Vulcan Blockchain will release its Layer 1 protocol. 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