What is Based Finance?

Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage.

Full description of Based Finance

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.

Exchange symbol ^(?): BASED
Cryptocurrency type ^(?): Token ^(?)

Based Finance for developers

Block explorer ^(?): https://ftmscan.com/address/0x8D7d3409881b51466B483B11Ea1B8A03cdEd89ae
gitHub:

Based Finance social sites

Medium: https://medium.com/@basedfinance
Telegram: https://t.me/BasedFinanceio
Discord: https://discord.gg/WcTTXXmHXE
Twitter: https://twitter.com/BasedFinance_io

 Source: NOMICS

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