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mbBASEDmbBASEDby0xEec9096aE6f84CdAFF6a86357958aC15B23578dB0xEec9…78dB

xBASE

Voting ended over 5 years agoSucceeded

xBASE is a Sushiswap style pool creation platform where pool operators are allowed to opt-in one of the three reward options (1 fair, 2 unfair models) when creating their own pool;

(Fair) Prop(Default) - Proportional. Every 15 seconds when new block found, the reward is distributed among all stakers proportionally to how much LP token they have.

(Unfair) Blind-Man's-Blessing/Curse - Each block reward is distributed not proportionally but randomly to weighted(regardless of amountPerAddress) addresses where weight constantly favours new set of addresses at each round(10 block per 3 address = 150 second).

(Unfair) Degen's rugPull - Rewards always accumulate to pool prize contract later any minute between 8-9pm (UTC+0) to be rugPull function called & %15 of the accumulated grabbed by the first address to call rugPull function. %35 to be distributed random 10 address(regardless of amountPerAddress) and remaining %50 to be distributed equally to pool stakers.

When a new pool created on xBASE platform by default it comes with BASED/mbBASED & BASED/xBASED pairs.

  • xBASEMintr contract mints (fixed X amount of xBASED per day to be voted by BASED community) everyday to be sent to poolNamePrizeContract(s) of pools to be mined by pool stakers based on reward option opted by pool operator. This reward amount is set by the liquidity amount among all pools. More liquidity = More tokens assigned to pools according to weight formula.

  • Pool operators relationship with xBASE is only incentive-BASED = Pool operators are entitled to %5 of the daily assigned reward amount to their pool which can be claimed immediately if wanted.


Personal thoughts: xBASE platform aims to bring pool operators to play with two new pool reward idea that I have designed, could be an interesting thing to try it out.

Operators are incentivized directly by the liquidity of their platform, pool LPs with xBASED and rest of the BASEDCOSYSTEM with the increasing interest will flow from a new platform.

Off-Chain Vote

BASED. We should fund/develop this!
2.5K 3.9%
NO.
60.97K 96.1%
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Timeline

Sep 30, 2020Proposal created
Sep 30, 2020Proposal vote started
Oct 03, 2020Proposal vote ended
Jan 23, 2024Proposal updated