xETH-G-xETH.TechDetailed Description

xETH-G-xETH.Tech Detailed Description

xETH-G is a repurchase token with a dynamic peg. If the peg is not hit within a set period of time, the peg will be lowered to encourage price action for normal buybacks, meaning more tokens are distributed to holders' wallets. If the price of xETH-G falls, there will be a deflationary mechanism to drive the price back up.