Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage. The protocol’s underlying mechanism dynamically adjusts $BASED supply, pushing its price up or down relative to the price of $TOMB.
Based Shares (BSHARE) are one of the ways to measure the value of the BASED Protocol and shareholder trust in its ability to maintain BASED close to peg. During epoch expansions the protocol mints BASED and distributes it proportionally to all BSHARE holders who have staked their tokens in the Acropolis (boardroom).
BSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Based finance ecosystem. Also read:ShibRobi Shiborg Price USD
Mga Madalas na Tanong (Crypto FAQs)
The current price of BASED Shares (BSHARE) is USD 9.63
24 Hours, High Price of BASED Shares (BSHARE) is USD 0 and Low price of BASED Shares (BSHARE) is USD 0
The total supply of BASED Shares (BSHARE) is 50010 and Circulating supply of BASED Shares (BSHARE) is 0.00
The trading volume of BASED Shares (BSHARE) is 3652747 In the last 24 hours