$BASIS is live.
basis is systematic cross-pool basis capture on Robinhood Chain.
It closes price differences between pools for the same token and uses the profit to buy back and burn $BASIS. The mechanism reduces the token supply automatically.
Live now on Robinhood Chain.
CA: 0x254ccfd4241f46d91b6b0715d1fb3bfb8386d833
How it works, below.
$10,000 in cumulative strategy profit���
basis has crossed its first five-figure milestone.
The profit funded buybacks and burns totaling 3,764,433.45 $BASIS - 0,38% of the total supply. The burned tokens are currently worth $4,082.65.
From price gaps across pools to permanent supply reduction, all on-chain.
Transaction: https://t.co/owjzV35mqJ
basis cleared $6,000 in strategy profit.
The profit was used to buy back and burn 991,200.2 $BASIS, worth $1,206.23 and equal to 0,1007% of the total supply.
Transaction: https://t.co/HDEBG6ffso
basis cleared $4,700 in strategy profit.
The profit was used to buy back and burn 8,854,261.51 $BASIS, worth $1,758.87$ and equal to 0,85% of the total supply.
Transaction: https://t.co/bBAqO64FSe
basis experienced a technical outage that temporarily paused the strategy.
The issue has been resolved, and the strategy is running again.
Execution is back on track. More $BASIS buybacks and burns soon.
@BogdanFieraruUk The $80M figure is the combined trading volume across the monitored pairs during the displayed period. It is not $BASIS volume and has nothing to do with our launch.
The $BASIS contract address is on the website, directly above the strategy profits section.
basis cleared $3,000 in strategy profit.
The profit was used to buy back and burn 2,935,348.32 $BASIS, worth $1,994.95 and equal to 0,29% of the total supply.
Transaction: https://t.co/8OM4i9bVHl
For anyone who missed the thread:
basis closes price gaps between a token’s pools. The profit captured by the strategy is used to buy back and burn $BASIS.
Watch the strategy work in real time.
Trades and PnL: https://t.co/kPK2sAF88x
Explorer: https://t.co/MWxieFXnZH
basis cleared its first $1,000 in strategy profit.
The profit was used to buy back and burn 3,592,833.17 $BASIS, worth $1,020.61 and equal to 0,36% of the total supply.
Transaction: https://t.co/pC5LoR8iFj
Dev supply locked.
10% of total supply has been locked for 6 months.
basis earns from volume that compounds over time, and the team's position is structured to reflect that horizon.
Verify on-chain: https://t.co/qwm92Jtjrk
$BASIS turns what the strategy earns into recurring buybacks.
The profit is used to buy $BASIS from the market and burn it.
Each cycle permanently reduces the token supply.
Site: https://t.co/0YVEPNENk5
Vault: https://t.co/yx0rKHXy0h
Bot trades and PnL: https://t.co/1j7CZoZeev
$BASIS: 0x254ccfd4241f46d91b6b0715d1fb3bfb8386d833
$BASIS is live.
basis is systematic cross-pool basis capture on Robinhood Chain.
It closes price differences between pools for the same token and uses the profit to buy back and burn $BASIS. The mechanism reduces the token supply automatically.
Live now on Robinhood Chain.
CA: 0x254ccfd4241f46d91b6b0715d1fb3bfb8386d833
How it works, below.
When the numbers do not work, nothing happens.
The contract checks realized profit at the end of the route and reverts below the minimum.
No coin is bought, no position is left behind, nothing sits in a wallet waiting to be unwound.
A route that does not clear its costs simply does not execute.