A guide 📖 to #BASE:
1️⃣ #BASE is a liquid 🌊 staking 🥩 token 🪙 for #LUNC.
2️⃣ The price of #BASE is determined by a predefined curve📈 based on the total supply (see white paper for more details). The shape of the curve rewards those who buy #BASE earlier before leveling off for stable gains.
3️⃣ When you buy #BASE, it is automatically staked with a #LUNC validator, and the rewards are fed back into the token bonding curve to increase the value of #BASE
4️⃣ #BASE has a 4.8% transaction tax:
• 0.6% is used to burn 🔥 #LUNC
• 1.8% is fed back into the bonding curve to increase ↗️ the value of BASE
• 2.4% is used at the discretion of the project for expenses🧾, development 🛠, and advertising 📺 (currently, it is being used to subsidize #BASE returns and for giveaways)
6️⃣ #BASE is only transacted in #LUNC, so it will reflect increases and decreases to #LUNC 🟰
7️⃣ Based on current transaction fees and staking APY, #BASE annualized return over the past 3 days is over 217%‼️
8️⃣ Currently, selling your #BASE requires a 21-day unbonding before #LUNC is returned to your wallet
✅️Upcoming:
• Chart to track #BASE price
• Quick release functionality for #BASE, pay a fee and get #LUNC back quickly instead of waiting for the 21-day unbonding
• Calculator to show current APY
• Start a trading pair on a DEX
An Investing Strategy:
#BASE is not designed to function like a pump 🚀 and dump 💩 gambling token. Do not plan to trade in and out of #BASE because the tax will erode your returns. Instead, the best approach is to buy early to take advantage of the growth portion of the #BASE price curve. Also, by buying early, you will reep transaction APY from other users onboarding. Over time 🕰, let your rewards compound and if the need arises, use the quick release function ⚡️ (available soon) to exit #BASE quickly, otherwise when you decide to sell, avoid the fee by waiting for the 21 day ⏳️ unbonding period.
https://t.co/HahZA1fwdQ
Q: What happens if I buy a Miner today?
A: Your miner is added to the pool. He will work for a year. He can win you Base (Lunc token) every hour. Yes 8760 chances.
150 hours in, 150 rewards won
Miata:
https://t.co/jCYQCyR0ct
BigBang:
https://t.co/Or7pq8ry9d
#Lunc#Base
🏦BASE is built on a solid foundation!
💰Our Marketcap is at $929K (highest ever) even with 413.8M LUNC exiting! (31.5M BASE @ 0.03 USD)
❓How is that possible? Because the price of LUNC is at 0.0001147.
🤑That means that each individual BASE is now worth a lot more today than before the sell-off started!
Now that's true stability! Stability that no other project on Classic can provide!
BASE website https://t.co/kMqHshlTHs
BASE dApp https://t.co/ZUz8bJy0Ww
P2P Marketplace https://t.co/fzI1Fnd1u5
Mining NFTs https://t.co/F6vyOHVXjs
Telegram Group https://t.co/g1UEkuTIXN
Validator https://t.co/gs07xjghFz
#LBUN #BASE #LUNC #altcoin #LUNCcommunity #mining #LuncBurn #LuncArmy #LUNCpenguins #Crypto #Binance #Terra
If you're noticing the potential of $LUNC and $USTC, can I suggest taking a look at $BASE for better rewards than conventional staking?:
https://t.co/jMp14mV5V5
If you have just discovered $lunc, welcome to the club! You are in for a ride. Tip from someone who's been here since the start. Stake with $base, much more profitable than traditional staking.
https://t.co/mDxUayeIAG
$USTC is up by 200% today
$LUNC is up by 30%
Even staking with Ninja Node 🥷🏼⚡ is up today.
Looks like people have caught on to the great deal they would get with 0% commission when staking with Ninja Node 🥷🏼⚡
Can we reach 2 billion #LUNC staked today? 👀
#LUNCcommunity
Wow - another 20M LUNC buy pushed us up to 41%!
We are getting noticed! The BASE price is up to 320 LUNC/BASE and increasing!
BASE website https://t.co/kMqHshlTHs
BASE dApp https://t.co/ZUz8bJy0Ww
P2P Marketplace https://t.co/fzI1Fnd1u5
Mining NFTs https://t.co/F6vyOHVXjs
Telegram Group https://t.co/g1UEkuTIXN
Validator https://t.co/gs07xjghFz
#LBUN #BASE #LUNC #altcoin #LUNCcommunity #mining #LuncBurn #LuncArmy #LUNCpenguins #Crypto #Binance #Terra
Signalling proposal #11873 💻 is now in deposit phase.
https://t.co/GhWXwSVQ6K
I think it is something we need to solve. Please feel free to also read the CW and medium article (both linked in the proposal). Share your thoughts.
Have a nice $LUNC day, #LUNCcommunity 🙂
Important Update Incoming🔊
This introduces the dynamic commission module & It's a strong YES from me. I look forward to the update!
Help get the word around folks! 🙏🏼
#LUNCcommunity#LUNC
Amazing $LUNC and $USTC moves today... Hopefully this will attract new retail investors and changes coming will plant the seeds for $USTC repeg. 100%, people should look to jump on the $BASE bandwagon now and delegate with @LbunProject to support $LUNC for a better future.
Ninja Node votes YES to proposal 11868 to disable $USTC minting.
Thank you to @ColeStrathclyde and @TheVinhNguyen4 for coming up with this solution to stop the minting of #USTC.
Validators, please remember to vote to ensure that this proposal passes quorum.
#LUNCcommunity
📈When the price of LUNC goes up, the price of BASE goes up with it!
❤️ I LOVE it!
BASE website https://t.co/kMqHshlTHs
BASE dApp https://t.co/ZUz8bJy0Ww
P2P Marketplace https://t.co/fzI1Fnd1u5
Mining NFTs https://t.co/F6vyOHVXjs
Telegram Group https://t.co/g1UEkuTIXN
Validator https://t.co/gs07xjghFz
#LBUN #BASE #LUNC #altcoin #LUNCcommunity #mining #LuncBurn #LuncArmy #LUNCpenguins #Crypto #Binance #Terra