Based Farm is the first Solidly-powered seigniorage protocol on Base Chain, pegged to Ethereum.
Seigniorage will be the engine that scales Ethereum liquidity on Base Chain. Traditionally based on monetary supply, seigniorage controls token value with measured inflation and deflation. Based.Farm improves this and liquidity conditions on Base Chain, while also maximizing efficiency using Solidly (AerodromeFi).
What is the highest value Based Farm (BASED) has ever reached?
Based Farm (BASED) reached its peak price at 1,973.69 $ on 15 September 2023, approximately a year ago ago. Presently, the current price is -95.04% lower than this all-time high.
What is the historical minimum price for Based Farm (BASED)?
The minimum price reached for Based Farm (BASED) was 35.84 $, documented on 13 October 2023, more than a year ago. In comparison, the current price is 172.71%, it above this historical low.
What is the fully diluted valuation of Based Farm (BASED)?
The fully diluted valuation (FDV) of Based Farm (BASED) stands at $ 27,464. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BASED tokens. The realization of this FDV might take several years depending on the emission schedule of BASED tokens.