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Vulcan Blockchain Rolls Out New Auto-Rebasing Feature To Solve SEC Issues

With concern about addressing the SEC’s proposal to ban cryptocurrency staking, Vulcan Blockchain readies for the debut of its innovative auto-rebasing layer 1 blockchain scheduled for Q2, 2023. It has been unveiled that the new blockchain aims to address problems related to market liquidity availability and stability on the supply side. Additionally, it seeks to tackle regulatory challenges that may pose a headache to crypto investors this year.

Vulcan Blockchain has disclosed this following the announcement of the final stages of its Alpha Testnet. As such, Vulcan is set to fully launch into the crypto space while rolling out its new auto-rebasing features.

Per the announcement, Vulcan acknowledged that one of its innovative features is the auto-rebasing mechanism, which allows the blockchain to readjust its balance automatically by modifying the circulating supply of its native $VUL coin every 15 minutes. This mechanism is a significant advancement in maintaining the long-term stability of coin prices and offers valuable transparency.

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