Based Finance

Based Finance

Created using Figma
Created using Figma
Welcome to Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage.
To be announced
Token Details
Ticker
BASED
Additional Details
Categories
Platform

About Based Finance

As big supporters of TOMB the seigniorage system that has been successfully running for months. We want to support their protocol by pegging BASED to TOMB, henceforth providing new use cases for TOMB, as well as increasing TOMB's liquidity on the Fantom ecosystem. Consequently, exposing ourselves to TOMB also means exposing us to its recent success. BASED is an algorithmic token pegged to TOMB. The protocol’s underlying mechanism dynamically adjusts BASED supply, pushing its price up or down relative to the price of TOMB. Based finance is a multi-token protocol which consists of the following three tokens: -BASED (BASED). -BASED Shares (BSHARE) -BASED Bonds (BBOND).   One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the BASED team will maintain a focus on innovation around enhanced functionality and use cases. The BASED token WILL support a Multi-Dapp ecosystem on the FTM Network. More info on use cases will be provided in future articles and updates!    

Activity

Followers:
9 351
HIGH
Tweets:
426
HIGH
30 Days Growth:
299
Members:
2 480
MEDIUM
30 Days Growth:
85
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.