Based Rate Share
1. Summary
- Description
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Based Rate is an algorithmic stablecoin protocol on the Base Chain, designed to maintain a 1:1 peg to Ethereum (ETH). It operates through a dynamic balance of three tokens: BRATE, BSHARE, and BBOND, which work together to maintain the stability of the protocol. The token issuance and supply are adjusted according to the price of ETH to ensure that...
Based Rate is an algorithmic stablecoin protocol on the Base Chain, designed to maintain a 1:1 peg to Ethereum (ETH). It operates through a dynamic balance of three tokens: BRATE, BSHARE, and BBOND, which work together to maintain the stability of the protocol. The token issuance and supply are adjusted according to the price of ETH to ensure that the stablecoin remains pegged. This unique mechanism allows users to benefit from liquidity and supports the long-term sustainability of the Base Chain ecosystem.
| Price | |
| 52W High price | $32.92 |
| 52W High date | 10th Nov 2023 (1 year ago) |
| All Time High (ATH) Date | 24th Apr 2025 (1 month ago) |
| All Time Low (ATL) Date | 24th Apr 2025 (1 month ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $6.00 |
How does Based Rate Share'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 | |
| Active Discord Users | |
| Telegram Users | 102 |
| Twitter followers | 382 |
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/0x608d5401d377228E465Ba... |
| @BasedRate_ |
What is the correct contract address for Based Rate Share?
| Base | 0x608d5401d377228e465ba6113517dcf9bd1f95ca |
|---|
Has Based Rate Share been audited for security?
No security audits found for this project.
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