An Ecosystem of Omnichain Multi-Faceted DeFi Protocols for Diverse Revenue Strategies #based
May 13th 2022 Update 11
Hello Based Community! Friday the 13th — that sets the mood right for what happened during the past week. We have seen an abrupt end to a well established blue chip protocol leading to cascading effects on the entire crypto market. Stocks have also incurred comparable or worse hits across the board. Essentially a brutal bloodbath! Fantom […]
Based Friday May 6th 2022 Update 10
Hello Based Community! Thanks again for another amazing week, our Based Community! We’re proud to continue offering a sustainable and high yield as the market continues to be unpredictable and highly volatile. Our peg remains strong as we forge ahead into the future of Based Finance. We’re working hard on building that future for you […]
Based Friday April 29th 2022 Update 9
Hello Based Community! As the markets continue their extreme volatility, we would like to continue emphasizing that we appreciate our awesome community! We’re thrilled to be able to continue offering relatively safe and high yields during these turbulent times. It’s because of you, our BASED community, that our peg remains protected. New Project Milestones ● […]
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 […]