[ANN][Uniswap] Base Protocol: HOLD ONE TOKEN - HOLD ALL TOKENS | [BASE]

[highnayem34]

Base Protocol (BASE) is a synthetic crypto asset that derives its price from the total market cap of all cryptocurrencies (cmc) at a ratio of 1 : 1 trillion.

BASE is the world’s first and only tokenized crypto market tracker. BASE exists to maintain a market rate that is stably pegged to its underlying asset – the crypto industry.

BASE’s peg to cmc is held stable through an elastic supply protocol. The Base Protocol acts as a one-stop trading instrument which allows holders to speculate on all cryptocurrencies simultaneously, rather than just one or a select portfolio of multiple.

It allows traders to agnostically invest in the entire crypto ecosystem. By holding BASE, users get exposure to the performance of the entire cryptocurrency market.

Important Links:

Website: https://baseprotocol.org/
Dashboard: https://dashboard.baseprotocol.org/
Whitepaper: https://bit.ly/basewhitepaper
Buy BASE: Uniswap Exchange
How to Stake: https://medium.com/baseprotocol/how-to-use-the-base-cascade-df96381f166c
Youtube: https://www.youtube.com/channel/UCfiacHaKd98kNLSRbc-4qnw

Contract Address: 0x07150e919B4De5fD6a63DE1F9384828396f25fDC

[highnayem34]

Public Sale Sold
In seconds, the BASE public sale has officially sold out.
Don't forget to stake your BASE in the Cascade ASAP.

We would like to thank everyone for taking part in the BASE community. It is and always will be our highest commitment to see Base Protocol through to its highest potential. Happy trading, happy farming, and BASE up!

[highnayem34]

🚀BASE Launch Overview

We're overwhelmed by the support and enthusiasm we got from the community at launch! The public sale sold out in seconds - there was over $1M in volume and over $500k in total liquidity within the first hour of launch.

BASE yield farming is live on the Cascade:

https://cascade.baseprotocol.org/

💸 Follow this 3 step guide to earn rewards with the Cascade:

https://bitcoingarden.org/forum/index.php?topic=96759.msg531902#msg531902

Overcoming Obstacles: It was important to us that everyone had a reasonably fair chance to take part in the initial liquidity offering. We became aware of several liquidity snipers who, just prior to launch, had set themselves up to steal that opportunity from members of our community. Having discovered this, we immediately diverted from our rollout plan, took swift action to defang them, and as a consequence, distribution was set back by approximately 45 minutes. But ultimately, we were able to provide a safer, more fair offering to honest members of our community.

There was also a short delay on the BASE Cascade, due to decimal placement and rounding complications we encountered after hundreds of users went to stake in such a short time. This wasn't critical and it was resolved quickly.

We're happy to say that the BASE launch was executed smoothly and securely.

[highnayem34]

How to Use the BASE Cascade

The Cascade is Base Protocol’s first of its kind yield farming opportunity that rewards BASE holders who provide BASE liquidity. Follow these 3 simple steps to earn rewards in the Cascade:

Step 1
Have BASE and ETH in your Metamask wallet. To add BASE to your wallet, select “Add Token” and enter in the official BASE token contract address.

BASE Address: 0x07150e919B4De5fD6a63DE1F9384828396f25fDC

Enter the BASE contract address and add BASE to your wallet. Make sure you also have ETH.



Step 2
Add BASE/ETH liquidity to the official Uniswap BASE Liquidity Pool here:
https://app.uniswap.org/#/add/ETH/0x07150e919B4De5fD6a63DE1F9384828396f25fDC

Once you’ve provided liquidity, you’ll be earning a % fee on all Uniswap BASE trades!

You are now providing BASE/ETH liquidity on Uniswap.
In return, you will be issued UNI-WETH-BASE-V2 tokens to your Metamask wallet. These UNI-WETH-BASE-V2 tokens are your key to the BASE Cascade.


Step 3
Go to the BASE Cascade, connect your Metamask wallet, then deposit your UNI-WETH-BASE-V2 tokens into the Cascade.

Cascade staking and APY data will be available on November 30th

You are now earning yields from the BASE Cascade rewards pool, as well as the Uniswap liquidity pool! You can add or remove your LP tokens at your convenience — but be aware, the longer you stake, the greater your share in the rewards pool!

[highnayem34]

💥Base Protocol Cascade Reward Announcement

We have had amazing support in the Cascade so far, and we have seen over $300k worth 142000 BASE being added into the Cascade. As a result, we are now over $1M in total liquidity!

We are officially adding in rewards tonight, so everyone should be able to see their rewards soon.

We have decided to set this first 3 month Cascade period to a 150% APY, which makes it among the highest APY staking platforms in Crypto.

As more money comes into the Cascade, we will add more rewards in order to keep the APY at ⚡️150%⚡️ for a 3 month staking period!

All of this means that today we are putting over ✨142000✨ BASE up for rewards, but like I said we will be putting even more in every few days to maintain the high staking returns.

[highnayem34]

⭐️Rebase Announcement:

Earlier today we performed out first REBASE! The rebase was for 136%.

Overall we are very happy that the rebase went smoothly, and everyone received the extra BASE exactly as they should have!

We are currently at our peg price, and ultimately that is our long term goal.

We truly appreciate the support from everyone in the community. You guys have made launch, and our first rebase quite spectacular.

Achievements:
1. #1 hottest token on Dextools
2. Top 15 most volume on Uniswap
3. Over $1M in liquidity within 24 hours!

Thank you everyone!

Explanation of the large transaction that occurred at rebase:

Transaction: https://etherscan.io/tx/0xbe856731f35d8d592601510c511189f5e07ee01d7083fcb093d6fd45d92e9112

The first thing I want to make completely clear is that nothing malicious occurred. The team did not sell. There were no hackers. There was no single BASE holder who dumped all their tokens.

What we believe occurred is that a number of people had open limit orders, stop loss orders,  and regular orders at the time of the rebase. When the rebase occurred, it made the price drop to $.58 and at the same time, it triggered all open orders.

This means that it was not an individual, but rather it may have been dozens of BASE holders. In general, this is just normal market behavior, but the rebase made all of it happen at the exact same time.

We are investigating ways to potentially mitigate the impact of this, but again, it is simply normal market behavior. As volume for the token grows, the impact of an event like this should be reduced greatly.

We are not 100% confident that this is exactly what happened, but it is very likely something along these lines.

[highnayem34]

Tokenomics announcement!

We have setup our company multisig wallets. If you look at token holders now, you’ll see several new large wallets. We’ve distributed tokens across several multi-sig wallets in order to represent the different parts of the company tokens.

This represents:

1. Ecosystem
2. Foundation
3. Advisors
4. Cascade Rewards Original
5. Cascade rewards from Rebases
6. Dev Fund

We need these stable wallets in order to update the circulating supply on token tracking sites, so that they can show a marketcap for us.

We’ve also obviously done this for security reasons as well.

Cheers! Base Up!

[highnayem34]

Base Protocol has reached #1 for Uniswap volume Unicorn face

All we can say is thank you - for joining us on this journey and for all the great energy. The $BASE community is amazing. See you at today's rebase!

[highnayem34]

The BASE/ETH pair ranks at #1 for 7 day volume on Uniswap with over $280M in trading volume.

We are proud to be the official sponsor of the #Chainlink Total Marketcap oracle!

Today the Total Marketcap is at $552B. Our protocol will use this secure and transparent number to determine the exact amount of the rebase.

[PascualSER]

Despite the fact that the team in the past was engaged in an unclean business (the investigation was carried out at BTT), the current project is successful.

[sidik7]

The BASE/ETH pair ranks at #1 for 7 day volume on Uniswap with over $280M in trading volume.

We are proud to be the official sponsor of the #Chainlink Total Marketcap oracle!

Today the Total Marketcap is at $552B. Our protocol will use this secure and transparent number to determine the exact amount of the rebase.

amazing to become a big daily trade in uniswap , I think the platform from the base protocol is enough to make investors very interested and with the implementation features on the platform they offer, hope in a new year will come in more several exchange.

[yurez1981]

Despite the fact that the team in the past was engaged in an unclean business (the investigation was carried out at BTT), the current project is successful.

I will not invest a single dollar in Base Protocol, as the previous project of this team was negative for me.  I hope Base investors will be able to exit in time and make a profit in this project.