Articles By This Author
Based Friday April 22nd 2022 Update 8
Hello Based Community! We want to start off by thanking our amazing community for staying BASED and helping defend the peg. We are quite proud to have continued to hold our peg consistently steady — given the volatile market conditions lately. We also want to congratulate our partners at Tomb Finance on the launch of their Tomb […]
Based Friday April 15th 2022
Hello Based Community! Good Friday wishes from the Based Team to our community members who celebrate it. Past week was a challenging one for the general markets & for us. We have been battling the peg more often due to the lack of positive BTC momentum & crab markets. Yet with the help of our […]
Based Profit Distribution FAQ
FAQs on Profit Distribution Feature: Is profit distribution live? When does distribution start? Why does nothing show up for me to claim? The profit distribution contract is live. This contract is not like a normal rewards pool. Rewards will show up for claim after we distribute them at random times. Treasury will seed rewards (simp […]
Based Friday April 8th 2022 Update 6
Hello Based Community! First off, we would like to congratulate our partners at $TOMB for successfully reaching above peg this week. We are very excited about TombChain L2 & looking forward to the $TOMB staking feature. Positive price action on $TOMB is always beneficial to $BASED, being pegged to it. Our peg was under challenge […]
Based Friday April 1st 2022 Update 5
Hello Based Community! Wow, yet another week with $BASED remaining well above peg! The community never fails to amaze us with the support they are showing for the project. The final phase of expansion was reached this week, further reducing the inflation of $BASED. Once again we tested our peg and unsurprisingly we immediately shot […]
Based Finance Obelisk Announcement
Fantastic News! Our audit report is finally ready to be shared with the community. This medium will provide some updates regarding this alongside other news. History & Context For context, our developers forked the Tomb Finance code when it was PUBLICLY accessible and as such the code remains the same with regards to all core […]
Based Friday March 25th 2022 Update 4
Hello Based Community! Another week of $BASED remaining healthily above peg. This past week we saw pretty steady green candles for $FTM, $TOMB, $BASED and $BSHARE. Congratulations to our partners at $TOMB who continue to close in on their peg! Project Milestones for this week: ● Zappers are active ● Audit is finished ● Back […]
Based Friday March 18th 2022 Update 3
Hello Based Community! Welcome to our THIRD weekly news event: #BASEDFRIDAY. This was an exciting past week, we continued to stay above peg and hit several key milestones including launching a new Agora farm using TombSwap Based-Mai pair. We are very excited about this as it is the first stable pair for $BASED, allowing for […]