Based Money Finance
1. Summary
- Description
-
-Based Money Finance is an algo stable token pegged algorithmically to the price of 1 USDbC.
-Based Money Finance is an algo stable token pegged algorithmically to the price of 1 USDbC.
Unique Features
- Uses dynamic supply increase and contraction mechanics to stabilize the price of the BASED token around the peg target of 1 USDbC.
History
- Genesis Pools started on Base Mainnet on August 14th, 2023.
- Based Share Farms and Boardroom product started on August 15th, 2023.
Future Developments
- Adding more mechanics to increase price stability around the peg target of 1 USDbC.
Token Usage
- BASED can be used to trade for a variety of tokens on Base Mainnet.
- Can be used for liquidity farming of Based Shares.
| Price | |
| 52W High price | $1.00 |
| 52W High date | 16th Apr 2024 (1 year ago) |
| All Time High (ATH) Date | 15th Feb 2025 (3 months ago) |
| All Time Low (ATL) Date | 15th Feb 2025 (3 months ago) |
| Supply & Trading Volume |
How does Based Money Finance's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 308 |
| Active Discord Users | 71 |
| Telegram Users | |
| Twitter followers | 261 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://basedmoney.finance |
|---|---|
| Explorer | https://basescan.org/address/0x7d1b04f97dda1fddf0a... |
| @based_money_fi |
What is the correct contract address for Based Money Finance?
| Base | 0x7d1b04f97dda1fddf0ad9ef5a606e4a956261ac8 |
|---|
Has Based Money Finance been audited for security?
No security audits found for this project.
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