BSHARE

BASED Shares Token Live price data
The live price of BASED Shares Token today is 19.576598344168314014 USD. $bshare It is up 3,05% from the last trading day! We update our USD to bshare every 10 minutes!

BASED Shares Has a Market Cap of 979,026 USD and is up 2,59% in the last 24H!

What Is BASED Shares (bshare)?
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.

What Is BASED Shares (bshare) contract address??
The contract address for the BASED Shares is 0x49c290ff692149a4e16611c694fded42c954ab7a and it can be found on fantom network.