Basin Bidwall Mechanics
Basin Labs
Oct 16
GM! Welcome to another article exploring the mechanics behind BSN - the most unbreakable reserve currency in DeFi. The BSN price on Uniswap V3 is defended by a bidwall mechanism that has never been seen before. The BSN token market-makes itself on Uniswap V3 and concentrates all of its buy-side liquidity across 1bps ($0.0001). This bidwall provides a “price floor” for all BSN token holders. Essentially, when the price hits the bidwall, it cannot decrease any further than $0.0001 while every r...
ParagraphParagraph

Basin Labs

Written by
Basin Labs

We're contributors to the Basin Protocol and its DAO. We help build innovative new liquidity primitives that maximize capital efficiency.

Subscribe

2025 Paragraph Technologies Inc

PopularTrendingPrivacyTermsHome
Search...Ctrl+K

Basin Labs

Subscribe