π₯BASE + xBASE
Last updated
Last updated
Initial Supply amounted to around 20B $BASE. $xBASE helps fighting BASE inflation with it's unlocking mechanism, otc swap, staking fees and v2 farms voting power.
With the new masterchef implemented the v2 farms emissions have dual rewards with BASE and xBASE, at a ratio of 20:80 per week respectively!
$BASE and $xBASE are fully community owned, apart from Protocol Owned Liquidity on SwapBased's V3.
By implementing the new oCOIN+COIN rewards system, this means there will be no more newly minted supply of BASE+xBASE entering the market, apart from xBASE->BASE unlocks. These unlocks, depending on the chosen duration, can also be deflationary towards the total supply.