DeFi Team
Based Friday | 23rd July 2022 | Update 17
Based Friday | 23rd July 2022 | Update 17 Hello Based Community, Happy Based Friday! Finally some market relief in the crypto sphere! Just in time for our NFT mint and launch of Based V2. We have a few things to cover today regarding this, but before that, a quick reminder to be wary of fake […]
Decentralization
Decentralization When discussing decentralization in the blockchain industry, it’s important to first understand what it means. Simply put, decentralization refers to the degree of autonomy that a given entity, or set of entities within an ecosystem, have over their operations and how they interact with other entities in that same ecosystem. Decentralization is therefore often […]
So, what’s this DeFi thingy?
Originally idealised as “open finance”, DeFi is set to change the paradigm of assets and investing. Decentralized Finance is an umbrella term for a plethora of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. Decentralized Finance draws inspiration from blockchain, which allows several entities to hold a copy of a history of […]
Based Friday | 16th July 2022 | Update 16
Based Friday | 16th July 2022 | Update 16 Hello Based Community! Happy Based Friday! Here is a brief explainer regarding our upcoming launches: NFT Minting Details Minting date: 20th July Minting cost: 500 USD equivalent in $BBOND — collection size of Prometheus NFTs will strongly depend on MarketCap of $BASED and $BBOND. Our goal is to burn […]
Based Friday | 8th July 2022 | Update 15
Based Friday | 8th July 2022 | Update 15 Hello Based Community! Happy Based Friday ! Crypto.com Defi Wallet listing: Another listing! $BASED has been listed on the DeFi wallet by Crypto.com Burn Baby Burn Treasury has been burning $BASED as a precursor to the biggest ever burn event. For the first time ever we are incentivizing […]
Belated Based Friday | 3rd July 2022 | Update 15
Belated Based Friday | 3rd July 2022 | Update 15 Apologies for the delay on this one, the intern was celebrating Canada Day and took the day off. Today’s update will be brief and swift. The Tomb Finance Lif3 genesis is still ongoing, don’t forget to stake your $BASED to start earning an initial share of […]