Welcome to our first Mirror Post for our upcoming project **DeFi Base. DeFi Base **is preparing to launch as the most advanced DeFi Ecosystem on Base Chain.

While exploring the chain we spent a lot of time looking at the quality of other dApps and seeing how we can improve upon their efforts with our extensive DeFi experience. That’s how DeFi Base was born, as an in-house DeFi project with custom in-depth farming strategies, NFT integrations, Launchpads, a custom DEX and a Codeless dApp Builder coming out at the end of the year.

Our Technicals are ready to go, the only thing left is you! We are spending this #onchainsummer period engaging with users, KOLs and other projects in order to launch with a bang and gather the trust of the Base community.

But for now, let’s dive into the world of DeFi Base a bit.

This will most likely be a question that we will receive very often, as there have already been a ton of teams attempting to launch DEXs on Base. Our reply would be that everything encompassing DeFi Base will be different from other peers on chain. We are not just a DEX.

Most of our features are crafted in order to decrease volatility of our main token DBASE. For example we can cover our farming strategy quickly to showcase how it’s different from most other projects.

Our farming strategy begins with locked farms, where users will be able to stake the DBASE LP and DBASE they purchased from the market in order to farm xDBASE, our store of value token. Locked farms have:

• 7 Days Locking Period for Deposited Assets

• 5 Days Locking Period for Harvestable Rewards

• Each Harvest or Deposit will increase Locking Period by 2 days

Our standard farms will allow users to input xDBASE LPs and xDBASE in order to free farm xDBASE without any locking periods.

Partner pools will allow users to farm partner tokens or any other tokens requested by users, that will be funded by the DeFi Base team. Partner pools are limited time pools, so they will be refreshed and updated on a weekly or bi-weekly basis.

Once you've withdrawn your xDBASE you will have to navigate to our xBar page, where you can convert your xDBASE to DBASE. the xBar has a dynamic conversion rate, which will help us control the amount of DBASE that goes into circulation, based on market conditions.

As you can see all of our farming features are heavily focused on a long term methodology and avoiding massive price fluctuations that could harm our project.

This is only the start of our project, and we have countless features that will deploy in the coming months, so we need the project to perform healthily in order to give us the time to take over the Base chain.

Launch final dates are under work right now, as we are talking to a few Launchpads that could host the initial raise, in order to give us as much visibility as possible. We are currently aiming for the 15th of August, and we are hoping to deliver as soon as possible, because we can’t wait to be a part of the Base community.

Launchpad and launch details will be discussed on an upcoming Mirror post and through our social media accounts, so make sure to stay updated by following us.

Thank you for your attention.