The first deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. 1. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward pool which indeed speeds up the process of reducing supply. As well the Smart Contract assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 2. The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of thecoverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. 3. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related
Funds raised during sales were used to buy 7 various cryptocurrencies as collateral of The Basket.
Become BSKT hodler and you will be eligible to receive benefits as time progresses.
The passive profits obtained from the staking of the Basket assets will be used to buy and burn.
Find out how we’re making every effort to accelerate the BSKT deflation process.
Governance tokens will be introduced and developed providing project decentralisation.
Make decisions together with the community, guided by the good of the project!
Connect your private wallet and lock at least 5 000 BSKT tokens on the designated staking platform.
Watch as your decision to support the network generates passive income.
Transactions are subject to a fee of 2% of their value. Half of it is burned and the other half is redistributed.
Inspect how the amount of circulating tokens is continuously and progressively reduced.
In the sales pool, more than 70% of all BSKT tokens, and another 10% will provide liquidity on the DEX.
Transparent, reliable and well-developed tokenomics is the basis of success.
Non-convertible NFT tokens under the flag of BSKT are a limited and exclusive treat for Investors.
Acquire a unique NFT token and stand out from the crowd supporting the project.
Daily dose of 10 000 BSKT for the first 100 days to be shared between Investors providing DEX liquidity.
Receive extra BSKT tokens for supporting liquidity through designed platform.
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