I launched $ELEFENT while back on Baseline — unbreakable BLV floor + token-owned liquidity. Fees strengthen the system. Acknowledge it → https://t.co/VlBJWUsFa2
got asked about @BaselineMarkets so here's the tl;dr again
- a token's price is defined by its liquidity.
- liquidity pools are usually "controlled" by human LPs
-who deposit this liquidity into the pool to enable people to swap in/out of the token
-and they earn fees for doing so
-problem is they peace out as soon as is unprofitable, and when liquidity gets pulled the price movements become more sensitive, erratic and fragile and ultimately collapse
with baseline:
- the token owns its liquidity and its pool
- that liquidity never leaves, but grows over time from fees it captures
- its split into two buckets - backing and buffer
- backing = ensures there's enough liquidity in the pool so everyone can exit out of the token, also establishes a minimum (floor) price per token
- buffer = used to facilitate swaps in/out of the token. it takes swap fees on this shares them btwn creators, stakers and itself [it uses them to grow its reserves]
so:
token owns its liquidity, trades itself via its own pool and captures fees that previously went to external LPs while guaranteeing all holders an exit
$B is live on ETH Mainnet!
‣ Starting at $39M MCAP
‣ No team/VC allocation
‣ 56% circulating and 44% to liquidity at launch
‣ Every single trade earns Baseline points (details coming)
Head over to https://t.co/vXFjgXN9c9 and start trading.
$YES is 35% away from its all-time high.
For those that remember, @BaselineMarkets launched fairly on @blast 20 months ago as an experiment to prove whether token-owned liquidity created superior financial assets.
Volume: A cumulative of $525M volume traded $YES across v1, v2 (blast) and v3 (now on @base).
Market Cap: Many left, small group of blvers remain to this day, to the point where they price the asset, its revenues, and its IP worth $62M mc.
Holders: fair launch, no team allocation (we literally got in at same price as presale participants), dispersion over 20 months, now 9K holders with broad distribution.
I don't know many tokens that have been around for 20+ mos and still near all-time high in the $60M mc range after half a billy of volume among a broad userbase.
Im reading the tea leaves as the market is bullish our R&D will translate to significant value accrual to $YES token as @BaselineMarkets ecosystem takes shape.
The market will not be disappointed. The new upgrade will enable any asset to become a Baseline token. We won't be solving a project's lack of pmf. But if the project has pmf, they're better off tokenizing as a Baseline token. They will trade more like yes than the 99% other tokens that go straight to $0.
So while yes is 35% away from its ath, it is still too cheap.
Why? Because Baseline's SAM is Internet Capital Markets and its TAM is every financial assets. Because every token deserves a baseline.
I'm bullish on Baseline Mercury upgrade. Can't wait to share it with the world.
It's been 5 years, and crypto is still dealing with the same shit.
Rugs, extractors, and just plain bad tokenomics.
In this article, I wanted to show my perspective on why these things happen, and some of the core philosophy behind what we're building @BaselineMarkets.
AMMs are one of DeFi's best inventions, enabling permissionless liquidity for all.
But current designs create real problems for most projects - forcing builders into a choice between flawed onchain options or trusting centralized middlemen.
The market is ready for a change.
People gooning over Flying Tulip's raise structure, with yields going to buybacks.
@BaselineMarkets's Mercury has this built in for all tokens
And the put is built into the floor price
And its for everyone, not only VCs
And its not a one time redemption
Just use Baseline
Did you mint the new coin? It’s on Pump. It’s literally on Boop. It’s on Blorbo dot fun with gas. You can pre-rug on Fartbag. It’s stealth-launched on BumFi. It’s trending on Sploink. It’s a GloopDrop exclusive. You can mint and literally dump on ShidZone. Log into Doink rn.
$YES is now live on @base!
0x1B68244B100A6713ca7F540697b1bE12148a8bf9
This isn’t just a re-launch - it’s a major upgrade that comes with:
💧 New liquidity design - absorbs large sells
🔒 Fixed supply - no more confusion
💰 0% borrows - no liquidation
Let’s break it down 🧵👇
im looped af, no pussy moves here
farming a few vaults, mostly yeet
compounding all oBERO rewards into hiBERO position
voting weekly with more power each time, thanks to compounding
when PoL and beradrome validator go live, i’ll boost it with BGT earned from staking BERO
most importantly, im never resetting my votes
beradrom