Based Rate BRATE
1. Summary
- Price
-
$97.34 0.0%
- Market Cap
- $0.00 (#12188)
- Supply
- 0.00 / 9,223,372.04T
- Tags
- Base Ecosystem
- Description
-
Based Rate is a tomb fork on the Base Chain that has revolutionized the ecosystem. It introduces new utilities and features to enhance support and long-term sustainability. At its core is the algorithmic token $BRATE, which is designed to provide liquidity to users and enable them to unlock new opportunities.
Based Rate is a tomb fork on the Base Chain that has revolutionized the ecosystem. It introduces new utilities and features to enhance support and long-term sustainability. At its core is the algorithmic token $BRATE, which is designed to provide liquidity to users and enable them to unlock new opportunities.
The project relies on three main tokens: $BRATE, $BSHARE, and $BBOND. These tokens work together to maintain a stable 1:1 peg to $ETH. The supply of Based Rate is constantly adjusted dynamically to ensure its value moves in line with the price of $ETH.
Overview of the Token Economy
- $BRATE: The algorithmic token that is the foundation of the Based Rate protocol. It plays a crucial role in maintaining the 1:1 peg to $ETH.
- $BSHARE: This token incentivizes users to participate in the protocol and helps maintain the stability of the ecosystem.
- $BBOND: This token acts as a regulatory tool to ensure the supply of Based Rate is adjusted properly to maintain the peg to $ETH.
How Based Rate Works
The protocol uses a dynamic supply adjustment mechanism to ensure the value of $BRATE remains pegged to $ETH. This is achieved through the interaction of the three tokens, with $BRATE being the core token that users can utilize to unlock liquidity and opportunities.
Based Rate's innovative approach sets it apart from other tomb forks, positioning it for long-term growth and sustainability on the Base Chain.
| Price | |
| 52W High price | $688.89 |
| 52W High date | 5th Dec 2024 (5 months ago) |
| All Time High (ATH) Date | 16th Oct 2023 (1 year ago) |
| ATH Price | $1,301.01 |
| % From ATH | -78.2% |
| All Time Low (ATL) Date | 17th Oct 2023 (1 year ago) |
| ATL Price | $0.57 |
| % From ATL | 49529.41% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $63.00 |
| Total Supply | 9,223,372.04T |
| Max Supply | 100,059,985.77T |
BRATE
How does Based Rate's (BRATE) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-17.7%
BRATE
-
Similar Market Cap
60 Day Return
-28.3%
BRATE
-
Similar Market Cap
1 Year Return
-49.5%
BRATE
-
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 | |
| Active Discord Users | |
| Telegram Users | 78 |
| Twitter followers | 359 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://basedrate.io/ |
|---|---|
| Explorer | https://basescan.org/token/0xd260115030b9fB6849da1... |
| @BasedRate_ |
What is the correct contract address for Based Rate?
| Base | 0xd260115030b9fb6849da169a01ed80b6496d1e99 |
|---|
Has Based Rate been audited for security?
No security audits found for this project.
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