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BLOG – Page 7 – Based Labs

$BASED Team Introduction

Introducing ‘Hercules’ — Head Moderator Hercules was first introduced to cryptocurrency via GPU mining in late 2020. Not satisfied by meagre gains, he branched out into the ever-expanding world of DeFi and became a degen in 2021. It wasn’t simply a fairytale story though as he suffered huge losses, exploits and rugpulls in BSC. But Hercules managed […]

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Based Finance : Safety Measures

$BASED, the unruggable platform. Over the past few weeks, many of our team members have unfortunately been rugged by numerous Tomb Forks consisting of Shovel finance, Frozen, Casper, etc.. and before that a large majority of us fell victim to major OHM rugs. As a result of this, we want to create a safe environment […]

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Welcome to $BASED

1. What is $BASED and why FTM and TOMB? $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) […]

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