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Based Finance BASED
BASED
0.01927
$
4.64 %
Change 24h
Market Cap
$ 315,599
Volume 24h
$ 1971.4
Circulating Supply
16,420,008
Total Supply
33,500
BASED
$
Description
Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage. The protocol’s underlying mechanism dynamically adjusts $BASED supply, pushing its price up or down relative to the price of $TOMB.
The $BASED algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the $TOMB short term and $FTM ecosystem long term. We aim to be the first fork to have multiple utilities for our native token $BASED.