If you are at all familiar with how symphonies are structured then you know they are comprised of several movements.
The movements, viewed in isolation, seem very different from one another.
But when paired together they form a musical experience that
many say have a transcendent, even otherworldly quality to them.
That is what the Bas3r dev has done with his knew token Bas4r.
He has managed to create a seamless system of interoperability between the tokens and incentivized the whole ecosystem, with a single stroke.
And to say it is anything short of genius and an opus in the…
Bas4r is a fork of Bas3r with additional functions. The protocol tokens will be closely connected and dependent on each other. There is going to be a new Uniswap pair Bas3r/Bas4r connecting both tokens.
Rebase function pegged to the DEFI index.
Rebase function will be called every 24 hours.
Maximum Rebase Percentage will be 100% on the upside and 50% to the down side each day.
There will be a new Uniswap pair introduced (Bas3r/Bas4r) connecting both tokens. The two protocols (Bas3r & Bas4r) will have 12 hours timeframe from each rebase. This will lead to people going back and…
We will try to lay down our ideas about the development of the Bas3r protocol in this article. Keep in mind that these are just ideas and we would like to have full community support so that we can proceed with this. We will try to make it as clear as we can, but the ideas are complicated. The project development consists of a few steps, so please read the whole article to get a full understanding.
Thank you for taking part in this project, we appreciate your support and feedback.
Bringing a new closely connected project to…
Bas3r is happy to announce the launch a liquidity incentive. In order to increase the liquidity and bring more and bigger players in the game, our team decided to distribute 5% of the team tokens (1800 $Bas3r — talking before 12th December rebase) equally to all the liquidity providers.
How long will the liquidity incentive continue?
The liquidity incentive will stay for 48 hours. After this time frame the rewards will be distributed. Keep in mind you need to have at least 24 hours of providing liquidity to qualify for the rewards.
How will the rewards be distributed?
Bas3r is a Defi protocol, combining two of the most successful recent projects — RFI and BASE. The main idea behind this project is that every transaction has a 10% burn fee and decreasing each rebase, which is instantly distributed to the token holders as a yield. Not only this, but there is also a rebasing mechanism, which will be pegged to the total crypto market and called every 24 hours.
The rebasing mechanism of Bas3r is pegged to the total marketcap of cryptocurrencies at a 1:1 000 000 000 000 ratio. With the coming bulish crypto market, there is…