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What is Altered Protocol?

Altered protocol is an Elastic token that means the supply can be altered algorithmically by expanding or contracting himself every 24 hours there are some conditions we will explain at continuation. Altered will always try to equilibrate the pool ratio to 1:1 to achieve his goal the protocol is able to expand and contract the total supply, if there is 100 UST in the pool and 50ALTE the protocol will increase the supply in order to have 100UST and 100ALTE

Full description of Altered Protocol

Altered protocol is an Elastic Token (?) that means the supply can be altered algorithmically by expanding or contracting himself every 24 hours there are some conditions we will explain at continuation. Altered will always try to equilibrate the pool ratio to 1:1 to achieve his goal the protocol is able to expand and contract the total supply, if there is 100 UST in the pool and 50ALTE the protocol will increase the supply in order to have 100UST and 100ALTE
  • Exchange symbol (?): ALTE
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS