wTBT is a non-rebasing token that can be converted to TBT or the other way around. Below are the basic properties of wTBT token:
- It is a non-rebasing token. So the amount will not increase, but its price will increase over time.
- wTBT and TBT can be converted into each other without any fees. They are equivalent mathematically.
- It is permissionless.
The purpose of wTBT is to enable TProtocol to be incorporated into existing DeFi protocols as most of the DeFi protocols do not support rebasing tokens.
TProtocol targets the rate gap and takes advantage of the reverse psychology that no one else has employed in the DeFi market before. With TProtocol, DeFi users will be able to participate in the revolutionary minting procedure and no longer be underpaid even if the crypto market is cooling down.