YES collectiveInitial Baseline Value (IBLV) Event
Baseline mechanics were built with fairness in mind. As is common with any launch, however, technically advanced adversaries can and will use sniper bots to secure entry at the cheapest price, leaving the rest of participants buying at risk premiums. To address this unfair dynamic, we’re launching the Initial Baseline Value (IBLV) Event!The Initial Baseline Value (IBLV) EventThe IBLV Event is an opportunity for qualified community members to participate in setting the Initial Baseline Value (...
YES collectiveCase Study: Baseline Market Maker's First $2.3M Stress Test
On March 11th, YES underwent its first major stress test with a $2.3M sell-off. Traditional AMMs often struggle to handle large dumps without severe price collapses. However, Baseline’s V3 Market Maker (BMM) absorbed the pressure efficiently, proving its ability to mitigate volatility while maintaining price stability.Key Metrics💰 Total Sell-Off: $2.3M 📉 Price Impact: -15% 📉 Market Cap Drop: $61M → $51M ⚖️ Liquidity Depth: Adjusted dynamically to absorb large sells Without BMM, a standard ...
YES collectiveCase Study: $YES
Welcome to the case study of $YES, the first ERC20 token powered by Baseline. YES was purposely designed to demonstrate the capabilities of Baseline’s up-only technology. In this article, we'll get into pivotal events that shaped its journey, helping to paint a better picture of how Baseline is revolutionizing token launches and reach maturity.Study Baseline, study YESBaseline-powered chartBefore we explain what makes Baseline tick, a primer: Above is what a Baseline-powered chart looks ...
A Token. A Market. A Movement. Exit the Doom Loop: Say YES. Creators of Baseline Protocol, $YES and $BSR
YES collectiveInitial Baseline Value (IBLV) Event
Baseline mechanics were built with fairness in mind. As is common with any launch, however, technically advanced adversaries can and will use sniper bots to secure entry at the cheapest price, leaving the rest of participants buying at risk premiums. To address this unfair dynamic, we’re launching the Initial Baseline Value (IBLV) Event!The Initial Baseline Value (IBLV) EventThe IBLV Event is an opportunity for qualified community members to participate in setting the Initial Baseline Value (...
YES collectiveCase Study: Baseline Market Maker's First $2.3M Stress Test
On March 11th, YES underwent its first major stress test with a $2.3M sell-off. Traditional AMMs often struggle to handle large dumps without severe price collapses. However, Baseline’s V3 Market Maker (BMM) absorbed the pressure efficiently, proving its ability to mitigate volatility while maintaining price stability.Key Metrics💰 Total Sell-Off: $2.3M 📉 Price Impact: -15% 📉 Market Cap Drop: $61M → $51M ⚖️ Liquidity Depth: Adjusted dynamically to absorb large sells Without BMM, a standard ...
YES collectiveCase Study: $YES
Welcome to the case study of $YES, the first ERC20 token powered by Baseline. YES was purposely designed to demonstrate the capabilities of Baseline’s up-only technology. In this article, we'll get into pivotal events that shaped its journey, helping to paint a better picture of how Baseline is revolutionizing token launches and reach maturity.Study Baseline, study YESBaseline-powered chartBefore we explain what makes Baseline tick, a primer: Above is what a Baseline-powered chart looks ...
A Token. A Market. A Movement. Exit the Doom Loop: Say YES. Creators of Baseline Protocol, $YES and $BSR
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Baseline started with a crazy idea: crypto deserves better tokenomics that protect and reward holders. In 2024, we put this to the test, showing what’s possible with Baseline mechanics. Let’s reflect on what we’ve built, learned, and what’s next.
In March, we launched $YESv1 - our proof-of-concept of Baseline mechanics - with the following features:
BLV - a baseline value that guarantees a floor price
Automated market-making that increases BLV over time
Ability to borrow against BLV while maintain exposure to upside
$YESv1 was a success in multiple ways:
Floor Price increased 2.18x (from 0.000553 to 0.00121)
Market Cap grew 136x (from $1M to $140M)
Market-making system generated $2.1M in fees
Here’s YESv1 case study: https://mirror.xyz/0xe7AD459A24A10C5E94B76CcD24da62A8394eBf5f/Q9pBLoPxjgg6SatMnkojs5faAyBwlhEQAKFh3jfDFjI
$YES launched with a thick liquidity profile (~1K eth to move price +6%) expecting high system leverage due to native lending feature. A thicker liquidity profile would buffer volatility and cap downside risk but do so at expense of price action.
What we didn’t anticipate was how quickly users would discover the system’s hidden potential. Looping as a strategy emerged: users began borrowing repeatedly to build leveraged positions. At its peak, system leverage reached 7x.
Despite these successes, protocol accounting was inefficiently allocating liquidity to supply that was no longer circulating. This led to fewer BLV bumps and increasing liquidity depth regardless of market conditions. As a result, we performed Operation YEV to reset and improve the system with V2.
During this time, forward-thinking project teams took a chance on our liquidity experiments by launching their own bToken:
@machidotxyz → $MACHI
@mindpalace → $AI
@flappyeth → $FLAPPY
[redacted] → [redacted]
From these launches, we also learned that liquidity heavily influences attention through speculative price action. And while market making was now adapting to dynamic market conditions, the liquidity was not. This capped speculative energy not only on the downside but also on the upside, precisely at a time when token need it most.
So we launched Pumpanomics - a thinner liquidity profile that made depth and liquidity responsive to market cap growth. But while Pumpanomics creates favorable conditions for speculation on the upside, it also came with tradeoff of amplifying volatility (and risk) on the downside.
We’re now taking these learnings to apply them to our next generation of liquidity upgrades. We call it…
Baseline V3.
Some sneak peeks of what to expect:
Completely revamped market-making logic
@yesMoney420, a mobile-first launchpad for bTokens
An API for anyone to launch Baseline bTokens
BIG partnerships in the works
More big news 🤫
We’ll be announcing more details next week. Notifications on 🫱 🔔
Isaac Newton said “If I have seen further, it is by standing on the shoulders of giants”. On a personal note, 2024 wouldn’t have been possible without our amazing community so we say: If we have seen further, it is thanks to our community. Thank you.
As we wrap up the year, we see the future clearly, the foundation is in place, and the next Baseline chapter will be up only.
BLV in something,
Baseline Team
Baseline started with a crazy idea: crypto deserves better tokenomics that protect and reward holders. In 2024, we put this to the test, showing what’s possible with Baseline mechanics. Let’s reflect on what we’ve built, learned, and what’s next.
In March, we launched $YESv1 - our proof-of-concept of Baseline mechanics - with the following features:
BLV - a baseline value that guarantees a floor price
Automated market-making that increases BLV over time
Ability to borrow against BLV while maintain exposure to upside
$YESv1 was a success in multiple ways:
Floor Price increased 2.18x (from 0.000553 to 0.00121)
Market Cap grew 136x (from $1M to $140M)
Market-making system generated $2.1M in fees
Here’s YESv1 case study: https://mirror.xyz/0xe7AD459A24A10C5E94B76CcD24da62A8394eBf5f/Q9pBLoPxjgg6SatMnkojs5faAyBwlhEQAKFh3jfDFjI
$YES launched with a thick liquidity profile (~1K eth to move price +6%) expecting high system leverage due to native lending feature. A thicker liquidity profile would buffer volatility and cap downside risk but do so at expense of price action.
What we didn’t anticipate was how quickly users would discover the system’s hidden potential. Looping as a strategy emerged: users began borrowing repeatedly to build leveraged positions. At its peak, system leverage reached 7x.
Despite these successes, protocol accounting was inefficiently allocating liquidity to supply that was no longer circulating. This led to fewer BLV bumps and increasing liquidity depth regardless of market conditions. As a result, we performed Operation YEV to reset and improve the system with V2.
During this time, forward-thinking project teams took a chance on our liquidity experiments by launching their own bToken:
@machidotxyz → $MACHI
@mindpalace → $AI
@flappyeth → $FLAPPY
[redacted] → [redacted]
From these launches, we also learned that liquidity heavily influences attention through speculative price action. And while market making was now adapting to dynamic market conditions, the liquidity was not. This capped speculative energy not only on the downside but also on the upside, precisely at a time when token need it most.
So we launched Pumpanomics - a thinner liquidity profile that made depth and liquidity responsive to market cap growth. But while Pumpanomics creates favorable conditions for speculation on the upside, it also came with tradeoff of amplifying volatility (and risk) on the downside.
We’re now taking these learnings to apply them to our next generation of liquidity upgrades. We call it…
Baseline V3.
Some sneak peeks of what to expect:
Completely revamped market-making logic
@yesMoney420, a mobile-first launchpad for bTokens
An API for anyone to launch Baseline bTokens
BIG partnerships in the works
More big news 🤫
We’ll be announcing more details next week. Notifications on 🫱 🔔
Isaac Newton said “If I have seen further, it is by standing on the shoulders of giants”. On a personal note, 2024 wouldn’t have been possible without our amazing community so we say: If we have seen further, it is thanks to our community. Thank you.
As we wrap up the year, we see the future clearly, the foundation is in place, and the next Baseline chapter will be up only.
BLV in something,
Baseline Team
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