We are excited to announce that we are partnering with Value DeFi, one of the top DeFi platforms that offer a suite of DeFi products. Following this 1-month FaaS pool, we will continue our collaboration with Value Defi. We plan to expand our staking and lending options with Value DeFi as we move forward. The initial pool is:
- BASE <> USDC at a 98/2 Ratio: https://valueliquid.io/#/pool/0x19b770c8f9d5439c419864d8458255791f7e736c
This pool was chosen as an option for users who are more interested in staking only BASE. This pool will run initially for 1 month and distribute a total of 100,000 BASE Tokens (subject to rebases). We plan to expand the pool rewards if there are a substantial number of staking participants.
Liquidity added to this pool will be locked initially for 3 days. The pool rewards will begin unlocking according to the block timer below.
Block Timer: https://etherscan.io/block/countdown/11178700
This partnership is designed to be an alternate staking option for BASE holders, outside of Uniswap LP and the BASE cascade. We plan to continue partnering with other projects and platforms in the DeFi space. This is how we will expand the BASE protocol to include many lending and staking options.
About Value DeFi Protocol
The Value DeFi protocol is a platform and suite of products that aim to bring fairness, true value, and innovation to Decentralized Finance. Their flagship products include Value Liquid, an automated market-maker built on Ethereum that allows anyone to create trading pools with flexible ratio pairs, add liquidity, and earn trading fees, and Value Vaults, state-of-the-art multi-strategy yield-optimizers that allow unprecedented composability and flexibility of LP assets to maximize returns.
About BASE Protocol
Base Protocol (BASE) is a token whose price is pegged to the total market cap of all cryptocurrencies at a ratio of 1: 1 trillion. BASE allows traders to speculate on the entire crypto industry with one token.
If the crypto market cap is $450B, BASE is $0.45.
If the crypto market cap is $800B, BASE is $0.80.