Cryptocurrency BASED Shares (BSHARE)
The price for BASED Shares (BSHARE) cryptocurrency is currently 16.30 $ (15 min delay),
daily range of currency change is 14.67 - 17.09 .
Last 24 hours news: trading volume -
1.73K $, price variance
+11.09%
.
Project Website - https://basedfinance.io/
Explorer of transactions - https://ftmscan.com/token/0x49c290ff692149a4e16611c694fded42c954ab7a
Twitter Account - https://twitter.com/BasedFinance_io
Chart BASED Shares (BSHARE)
Current price BASED Shares (bshare) | 16.30 $ |
Market Capitalization | 0.00 $ |
Trading Volume last 24h | 0.00 $ |
Absolute maximum | 9.92K $ |
Absolute minimum | 3.53 $ |
BASED Shares Quotes
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No active trades for this coin. |
What is BASED Shares (BSHARE)
Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage. The protocolâs 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.
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