Based Rate Protocol Launch

DETAILS

• Protocol Details
  • No genesis, since they had a presale
  • Stake BSHARE in the boardroom for BRATE rewards
  • Docs say, “Shares – Stake your LP to earn $BRATE tokens” but given there is no genesis, and you earn BRATE from the boardroom, this may be a typo for “Stake your LP to earn $BSHARE tokens”
  • 4% deposit fee for non-natives, no deposit fee for native LPs
• Presale Details
  • Location: Based Rate website
  • Schedule:
    • WL: 5pm UTC
    • Public: 9pm UTC
  • Presale price: unknown, docs say it’ll be a 20% discount
  • Listing price:
    • “Estimated” price for BRATE – 0.0012 ETH
    • “Estimated” price for BSHARE – 1.2 ETH
  • Hardcap: 55 ETH
  • Max per wallet: 1 ETH, and 1 transaction
  • Vesting: release linearly over 72 hours, beginning from the 1st epoch
• Tokenomics
  • BRATE is the algo-stable, pegged to ETH
    • ❌ There is no information on the initial supply or allocation
  • BSHARE is the shares token
    • ❌ There is no information on the initial supply or allocation
  • BBOND is the bonding token