Genesis Pool

Decentralized Supply Distribution

Genesis Pools are a decentralized method of distributing the initial supply of a protocol token. Users can stake multiple ecosystem-native tokens from Base, as well as protocol liquidity to obtain the initial supply of BASED.

Initially 100 $BASED token will be minted on contract creation.

All 100 BASED tokens will be paired to 500 USDbC initially. This is to establish the LP creation prior to Genesis Pools beginning.

To bootstrap initial liquidity, Based Money Finance will have 6 Genesis Pools.

Genesis Pools will run for 24 hours and distribute 20,100 BASED tokens starting from 8/14 6PM UTC Share Farms will begin immediately following the end of Genesis Pools

Token

Multiplier (out of 10000)

Deposit Fee

BASED-USDbC LP

x4000 (40%)

0%

USDbC

x1500 (15%)

1%

WETH

x1500 (15%)

1%

TOSHI

x1000 (10%)

0%

OGRE

x1000 (10%)

1%

BASE (SwapBased)

x1000 (10%)

0%

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