Well, after spending some time building a few things on Base, I’m finally going to present what I’ve been working on. It took me quite a while to put this together, but I think you guys will like it.
In short, this is what it’s about:
Refinery is a decentralized node network on Base where users deploy tiered nodes (Small, Medium, Large) to earn daily $REF token rewards with APRs ranging from 5% to 7.5%.
The protocol runs on two verified smart contracts — RefineryManager for fund distribution and reward splitting, and NODERewardManagementV2 for node pricing, airdrops, and reward rate management — with every operation fully on-chain and verifiable on BaseScan.
The $REF token integrates auto-liquidity, buy/sell tax routing, and wallet caps to sustain the reward cycle long term.
Fees generated by
@bankrbot
are routed directly into the reward pool, funding node payouts with real protocol revenue instead of inflationary emissions.
No off-chain dependencies, no trust required, just contracts backed by real yield. with every operation fully on-chain and verifiable on BaseScan.
The $REF token integrates auto-liquidity, buy/sell tax routing, and wallet caps to sustain the reward cycle long term.
No off-chain dependencies, no trust required — just contracts.
https://t.co/YzUeJNTG6H
@onchainlurk at first I wanted to build it on bsc, but in the end I decided to drop it on base. been working on this for a long time, never launched it before
What if a trading protocol shared its fees with you?
App of the Week @wasabi_protocol is a decentralized leverage trading protocol that generates real yield from trading activity. (non-US users only)