Based Finance is a decentralized DeFi platform on the Fantom Network that uses the BASED token, pegged to TOMB, to provide sustainable yields and utility through liquidity and reward pools. More
| Fully Diluted Valuation | $62,531 |
|---|---|
| 24H Trading Volume | $9 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 16.42 M |
| Total Supply | 16.82 M |
| Max Supply | ∞ |
| Categories | Decentralized Finance (DeFi) |
|---|---|
| Founder | Anonymous |
| Website | basedfinance.io |
| Socials | 2 more |
| Chains | Fantom Ecosystem |
| Explorer | Ftmscan 1 more |
| Contracts |
0x8d7....d89ae
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| Name | Pair | OG Score |
|---|
Based Finance is a decentralized finance (DeFi) platform built on the Fantom Network. Its native token, BASED, is designed to be pegged 1:1 with the TOMB token through a seigniorage mechanism, which means that BASED’s supply adjusts dynamically to match TOMB's price. This helps maintain the stability of the token's value.
The platform offers various DeFi tools and services, allowing users to participate in liquidity pools, reward pools, and even NFT utilities. By focusing on sustainable yields, Based Finance aims to provide long-term value for its community. With a unique approach to DeFi, it offers diverse revenue strategies while maintaining a focus on utility and stability within its ecosystem.
In summary, Based Finance is a DeFi project designed to help users earn sustainable rewards while participating in a dynamic, pegged token economy.
The BASED token stands out due to its dynamic supply mechanism, pegged 1:1 with the TOMB token via a seigniorage system, ensuring its value remains stable. It also offers sustainable yield opportunities through liquidity and reward pools within the Based Finance ecosystem.
The founders of BASED token have not been disclosed.
