DIGG maintains Bitcoin peg through automatic supply rebases.
DIGG is an elastic supply crypto pegged to Bitcoin, adjusting daily via rebases to maintain close price parity without backing Bitcoin directly.
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What is DIGG (DIGG)?
DIGG is the first decentralized, elastic supply cryptocurrency pegged to Bitcoin’s price and overseen by BadgerDAO. Unlike custodial Bitcoin on Ethereum, DIGG is not backed by Bitcoin held under management. Instead, it depends on predefined rules within its smart contracts to maintain a loose connection to BTC. Every day, a process called a 'rebase' occurs: if DIGG’s price exceeds 1.05 BTC, its supply increases; if it falls below 0.95 BTC, the supply decreases. If the price stays between 0.95 and 1.05 BTC, no change happens. This mechanism nudges the circulating supply toward an equilibrium where the market’s demand results in a DIGG price equal to BTC’s current value. Rebases alter the number of DIGG tokens in your wallet but do not affect your ownership percentage. Holding DIGG or stakin...
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DIGG price live information
As of now, DIGG is trading at 644.3 USD, with a 24-hour trading volume of approximately 46.91K USD. The DIGG to USD price is updated in real time. Over the past 24 hours, DIGG has increased by 0.92%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 369.78K USD. Currently, there are 573.926523 DIGG in circulation out of a maximum supply of 6 613.103928 DIGG.
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