🌀Dilution Protection (3,3) Rebases

NILE, adopted the (3,3) model, which includes a mechanism to mitigate dilution.

During the initial launch, veNILE holders will benefit from a 25% weekly rebase, which helps counterbalance dilution resulting from the protocol's emissions schedule. With each subsequent epoch (week), this percentage increases by 1% until reaching a maximum cap of 50% anti-dilution per epoch.

NILE strongly believes that rebases/anti-dilution are crucial to the entire model, and without it-- leads to a dangerous misalignment with users.