Base protocol: a decentralised crypto etf?

Описание: Base protocol is a very interesting project as it aims to created a decentralised stable coin pegged to the entire crypto market. In other words you have a crypto ETF/ index in the shape of a coin!

Chapters:
00:00 Introduction
00:41 What is Base protocol
01:51 Whitepaper
02:01 Elastic Supply
02:34 Rebasing
05:24 The risks - Challenges
06:35 Stabilization
07:47 Cascade Staking Rewards program / yield farming
08:40 Use cases
09:40 Tokenomics
11:36 Technology
12:27 Team
14:05 Roadmap
14:47 Three ways to earn with Base Protocol
17:14 Conclusion
18:05 Outro

Why is that interesting?
1) you don't have the pick a crypto project, you have the entire market (= more stable)
2) if you believe in crypto as a whole, then BASE could become the one stop coin
3) you can trade and borrow against the crypto market, rather then a specific coin

Ofcourse this is project is very early stage and experimental and only time will tell if it can succeed.

Usefull links:
Project: https://www.baseprotocol.org/
Coingecko (contract): https://www.coingecko.com/en/coins/ba...
Etherscan: https://etherscan.io/token/0x07150e91...
Whitepaper: https://drive.google.com/file/d/1O9V4...
Team:   / base-protocol-team  
Cascade: https://cascade.baseprotocol.org/

Let's get on that crypto train!

Bren

#crypto #baseprotocol #defi #etf
**************************************************
USEFUL LINKS (using these links supports the channel)
**************************************************
New to crypto? Be sure to check out these exchanges and recieve a signup bonus with my affiliate links:
Crypto.com (25USD bonus): https://platinum.crypto.com/r/axf3kq2wrg
Coinbase (10USD bonus) https://www.coinbase.com/join/%20caes...