Rebalance is a research project. It was launched initially to prove that holders can earn automatically by getting fees from token transactions.
The project has now gained momentum and now extends to build bridges between blockchains and tokens.
The rebalance group of dApps allow the users to convert one tokens to another using the bridge contracts.
The concept has now extended to bockchains. The dApps and smart contracts of Rebalance project now uses Chainlink Oracles to validate data across blockchains and provide the needed functionality using the bridges between blockchains.
It will be released as we progress with design, Idea is already being developed and refined.