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BSHARE

BASED Shares

All-time high price

$9,916

Set 7 months ago

on February 23rd, 2022 at 12:53:19 AM UTC

The all-time highest price ever paid for BASED Shares was 9,916 USD. This ATH price was set on February 23rd, 2022.

About BASED Shares

Description

Based Finance a decentralized utility-based algorithmic token $BASED on the $FTM network pegged 1:1 with $TOMB via seigniorage. The protocol’s underlying mechanism dynamically adjusts $BASED supply, pushing its price up or down relative to the price of $TOMB.

Based Shares (BSHARE) are one of the ways to measure the value of the BASED Protocol and shareholder trust in its ability to maintain BASED close to peg. During epoch expansions the protocol mints BASED and distributes it proportionally to all BSHARE holders who have staked their tokens in the Acropolis (boardroom).

BSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Based finance ecosystem.

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Website and Block Explorer Links

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