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.
The $BASED algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the $TOMB short term and $FTM ecosystem long term. We aim to be the first fork to have multiple utilities for our native token $BASED.
Where is Based Finance available for purchase?
You can exchange BASED tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Based Finance is SpookySwap V3 , notably the BASED/WFTM pair, which saw a trading volume of $ 99.66 in the past day. Additionally, SpookySwap and Solidly V1 (Fantom) are popular alternatives for trading tokens.
What is the highest value Based Finance (BASED) has ever reached?
Based Finance (BASED) reached its peak price at 41.16 $ on 08 February 2022, approximately 3 years ago ago. Presently, the current price is -99.94% lower than this all-time high.
What is the historical minimum price for Based Finance (BASED)?
The minimum price reached for Based Finance (BASED) was 0.005395 $, documented on 04 October 2022, more than 2 years ago. In comparison, the current price is 288.82%, it above this historical low.
What is the fully diluted valuation of Based Finance (BASED)?
The fully diluted valuation (FDV) of Based Finance (BASED) stands at $ 352,905. 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.