ZendettaPicks & RMPL : AMA Recap

Greetings and welcome to another AMA conducted in ZePicks! Our guests today are the $RMPL team!
David, Alexis and Ed are here to answer our questions and fulfill our curiosity :D
Below you can find a transcript of the AMA ready for you to read ❤
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Intro to $RMPL:
David:
$RMPL is a decentralized (ERC20) cryptocurrency with an elastic supply model. $RMPL reaches a supply-price equilibrium with its randomized rebasing. As a result, the volatility is in the token supply, not the price. A holder’s ownership of the network always remains the same, as wallet balances are globally altered in proportion to changes in demand.

$RMPL is designed to eventually reach a stable price of $1 (+CPI inflation). For that to happen the marketcap needs to be way higher than it is now. To get closer to $1, rebasing is introduced. This means, when the price is above $1.05 and a rebase happens, the total supply is increased. Every holder has now more $RMPL which, theoretically, should increase the selling pressure and drive the price closer to $1. The higher the price is, the higher is the rebase percentage. If the price is below $0.95 the supply is decreased and buying pressure should drive the price up closer to $1 again.