$Basket is now live!
What is Basket?
Basket is the ETF-styled launchpad powered by @Raydium, that let's you tie one coin to up to 10 coins, such as stocks, commodities, memes, etc.. you get the point.
Build a basket. Launch a coin. Reward the holders.
Website: https://t.co/qJ18dBec7R
Telegram: https://t.co/RA0adNdzCp
CA: DYQTJL5XVRyv4ghRRt4CDGnYF5XhKiHHG2WqoKfzkgYN
Basket has over 170+ liquid assets you are able to tie your coin to.
Why limit yourself to creating a coin that only has 1 coin attached to it, when you have the option to create a whole basketful of coins?
$BASKET
You don't need a brokerage to hold TSLA, NVDA and SOL in one position anymore.
Launch a Basket coin with those three as the recipe. Holders get all three, in the weights you set, from the trading tax. On chain.
https://t.co/1fef3hGyNU
@LiquorCashPro@nod3xt3r@Raydium You can use phantom. Phantom has a false-positive on all new websites that use their connect wallet function to protect their users. We are working to get this resolved.
$Basket is now live!
What is Basket?
Basket is the ETF-styled launchpad powered by @Raydium, that let's you tie one coin to up to 10 coins, such as stocks, commodities, memes, etc.. you get the point.
Build a basket. Launch a coin. Reward the holders.
Website: https://t.co/qJ18dBec7R
Telegram: https://t.co/RA0adNdzCp
CA: DYQTJL5XVRyv4ghRRt4CDGnYF5XhKiHHG2WqoKfzkgYN
1. Launch a coin that pays holders in real assets.
Pick 1 to 10 assets from 1,152 on Solana: tokenized stocks (TSLAx, NVDAx, SPYx), gold, BTC, SOL, 800+ xStocks. Set the weights. That's the basket. Every holder gets paid in it.
2. The tax is on the token, not the venue.
Other launchpads charge a fee at their checkout, so the moment a coin trades elsewhere the holders stop getting paid. Basket coins carry a 1% to 4% tax in the token itself. Any DEX, any wallet, every transfer takes the cut and sets it aside for holders.
3. Nothing to claim.
Tax is swept every 15 minutes, sold, bought as the basket at your weights, and airdropped to every wallet holding $20+ (very little minimum). The pot pays out at $500, or every 4 hours once it's over $50.
4. The split.
> 70% to holders as basket airdrops
> 30% runs the platform
> Creators have the option to take 5% in SOL on every payout. That means $20,000 per $10M in volume.
5. $BASKET.
60% of platform revenue buys $BASKET on the open market and burns it. LP fees from every graduated pool are claimed daily and fed in. 65.9M (6.6% supply) burned so far, 24.6 SOL of buybacks in the first 24 hours.
6. Graduation.
Coins launch on @Raydium LaunchLab and graduate at 85 SOL into a Raydium pool with the liquidity locked. The 2% pool fee keeps paying the treasury, which keeps buying $BASKET automatically.
How an ETF works: a fund buys stocks, you buy shares of the fund, a manager sits in the middle and takes an expense ratio.
How a $Basket coin works: the creator picks up to 10 assets and weights. Every trade pays a tax. Every 15 min the tax is harvested, the basket is bought, and it's delivered to holders.
https://t.co/qJ18dBec7R
Let's be honest...
Who wouldn't want to get paid with multiple coins instead of just one?
Create your own basket now at https://t.co/1fef3hGyNU and start rewarding your holders with multiple assets!
Think of Basket Launchpad as an ETF builder: a basket of assets, chosen once, held in proportion.
Except, with this ETF-styled launchpad you get the assets sent to your wallet every 15 minutes instead of sitting in a fund.
We were aware of a tiny bug that slipped in last minute with launch and it has been fixed!
Please re-fresh your launch pages and try again.
If you have anymore feedback please let us know in DMs or Telegram!
We appreciate all the feedback so far.
We just launched so please bear with us while we look into everything you guys are telling us!
If you have any feedback/concerns please feel free to DM us as well as join the telegram!