Frequently Asked Questions

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.
Where can I buy $Medusa tokens?
The $Medusa token will be available on PancakeSwap. What is the slippage for the trade?
There are two different Slippages which can be used for trading $Medusa :
a) When you wish to buy, you will need to put the slippage at least at 16%.
b) When you wish to sell, you will need to put the slippage at least at 18%.
You might need to add higher slippage during times when there are lots of buys and sells of Medusa but you should only ever incur the same buy and sell fees as mentioned above.
Is there a Max Supply of $Medusa ?
Yes, there will only be a supply of 2,000,000,000 Token will be generated.
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.
How does Medusa control inflation?
Medusa is a token with an elastic supply that is controlled by a series of algorithms and elements. The goal is to always create a rising floor for the token. We use buy and sell fees as a key component for the token price and rewards.
The fees ensure a backing value of the token which helps sustain the price of Medusa . The scenario is: When Medusa trades below its backed liquidity the Medusa Finance buys-back and burns Medusa , decreasing supply. This allows the Medusa token to achieve a stable floating value while never falling below the value of its backed liquidity. Medusa uses our Liquidity as the backing asset.
In addition, we also have Auto Hyper Burn program, which reduces the number of coins in circulation by burning tokens in the Venom Pit with every transaction and sales of the NFT's which causes the value of the coin to increase. Along with this, the Stheno Token buy and sell will also lead to the burning of $Medusa.
Are Developers Doxxed?
The team is composed by pseudo-anonymous developers, marketing strategist and DeFi analysts. All the members are located in different European and Asian demographic zones.
Last modified 5mo ago
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