Introducing $BSR - the most capital efficient way to gain BTC exposure on @base.
📈 Trade against a guaranteed floor price
🏦 Borrow backing at 0% interest
💰 Earn yield on your Bitcoin
Powered by @BaselineMarkets.
Here’s why BSR changes everything 👇
For the first time ever, a live token is migrating its liquidity to Baseline DEX.
@reppo, the most traded token on @Virtuals, is making the move.
But why would they leave the DEX they're already on?
Stop being scared of leverage.
You’re not using it wrong. It’s just been poorly designed to be a terrible experience.
🦍 Ape confidently with Baseline Loops: get leveraged exposure without any liquidation risk.
Check out how we made this possible👇
The upside potential for a Baseline token ($BSR) pegged to BTC doesn't mean it's strictly fixed at BTC's price—it uses BTC to provide a guaranteed floor price, ensuring the token never trades below that. Above this baseline (floor price), the token price can appreciate freely based on demand, speculative activity, and built-in market-making mechanics that re-invest trading fees into raising liquidity and driving price appreciation.
So, if you're holding a position backed by 2.7 BTC, your downside is protected by BTC, but your upside remains uncapped, based entirely on market demand and Baseline's model.
@bsrbase@base@BaselineMarkets BTC-backed borrowing at 0% is solid. Spark’s taking a similar approach with stablecoins—deep liquidity, steady yields, and seamless movement across DeFi.
Underrated post that should be unpacked.
When he says "There will only ever be 1M", he's referring to 60% of total supply already in circulation. The squeeze for the remaining 40% will be insane.
And when he says "price will not get much cheaper", it's cause price is only 12% above guaranteed floor (in other words, 12% downside risk). Plus there's thick liquidity to sell into so if anyone wants to gtfo, they can w/o rekt chart.
$BSR is the scarcest bToken ever. There is no second best.
We just raised the BLV by +2% 📈
The Baseline Value (BLV) - $BSR ’s guaranteed minimum - will never trade below this new floor price.
Only possible with Baseline's market maker.
>aped $BSR with cbBTC @base
>borrowed against it for 0%, liquidation free (thanks to baseline)
> staked the borrowed btc on @Lombard_Finance
Wen staking @BaselineMarkets
Someone just aped 2.7 btc into $BSR
They can instantly borrow 2.1 btc against that at 0% interest (no expiry or liquidation)
That leaves 0.6 btc "at risk" while holding upside potential in $BSR.
Welcome to new DeFi
On March 17, 2010, the first-ever crypto exchange launched, forever changing Bitcoin.
Fifteen years later, $BSR goes live, enabling the most capital-efficient way to gain BTC exposure.
📌Date: March 17, 2025
💻 Tech: @BaselineMarkets
⛓️ Chain: Base L2
Get ready to BLV again.
✅ Contracts deployed
✅ Simulations complete
⌛️ Final checks underway
📍CA on @base:
0xBD3601d32AB6fa8D693ac13C4Ae245228C7eA0BB
🔒 Token is transfer-locked. Launching within the hour. Get ready.
$BSR launches March 17th, 2025 on @base.
📌 Total supply: 1M
💰 FDV: 39.3 BTC
⚖️ Baseline Value (BLV): 0.0000367 cbBTC per BSR
📈 Launch price: BLV + 5% premium
Contract deployment will start soon. Get ready to blv.
Introducing $BSR - the most capital efficient way to gain BTC exposure on @base.
📈 Trade against a guaranteed floor price
🏦 Borrow backing at 0% interest
💰 Earn yield on your Bitcoin
Powered by @BaselineMarkets.
Here’s why BSR changes everything 👇
Coming soon: earn yield on your Bitcoin.
🏆 Stake $BSR → Earn trading fees
💡 A new way to generate BTC yield while holding exposure
This makes $BSR the best place to earn Bitcoin yield—without lending risk.