Based Farm bSHARE Farms Launch

September 5 update – Staking LPs for bSHARE rewards is delayed to September 14 EST (September 15 UTC time).

August 31 update – the team has not announced a time for this launch, only that it is 5 days after genesis begins. This time is a placeholder. Additionally, the website is not yet released, so we’ve linked to their Twitter.

DETAILS

• Stake LPs in the farm for BSHARE rewards
• Stake BSHARE in the boardroom for BASED rewards
  • ❌ There is no information on how newly minted BSHARE is allocated among BSHARE stakers, the team, DAO, treasury, etc.
• BASED is the algo-stable, pegged to ETH
  • ❌ There is no information on the initial supply of BASED or it’s allocation
  • Adjustable tax based on the health of the peg
    • Peg at 1.5 and above – 1% tax
    • Peg at 1.4-1.5 – 2% tax
    • Peg at 1.4-1.3 – 4% tax
    • …and so on
• BSHARE is the shares token
  • ❌ There is no information on the supply of BSHARE or it’s allocation
• BBOND is the bonding token