We’re excited to announce Loan Migration, a powerful new feature that allows you to seamlessly transition your Loan positions to Loops. This feature is designed to provide greater flexibility, eliminate default risks, and enhance how you manage your loans—all with just a few clicks.
With Loan Migration, you can upgrade your position to Loops, which improves upon traditional Loans by:
Charging fees via a continuous funding rate instead of upfront interest.
Removing the risk of default due to expiration.
Gradually reducing debt and collateral in proportion to the funding rate (currently 15%).
Baseline Loans have been a core offering since the inception of Baseline, enabling users to access backed reserves against their tokens. While innovative, Loans came with challenges: users often faced frustration from missed expiration deadlines, leading to defaults, and upfront interest charges added financial strain.
In September, we introduced Baseline Loops, an alternative to Loans. Unlike Loans, which charge interest based on the borrowed amount, Loops use a funding rate mechanism that continuously “shrinks” both debt and collateral. This eliminates expiration deadlines while maintaining the same exposure, offering a more efficient and user-friendly experience.
Loan Migration allows users to transition their Loan positions to Loop positions. This migration retains your exposure, shifts upfront fees to continuous charges, and removes expiration dates, making it a smart move for users managing active loans.
By migrating your Loan position to a Loop position, you can:
Avoid Defaults: No more missed deadlines or expiration-induced defaults.
Simplify Portfolio Management: Loops automatically adjust debt and collateral with every block.
Eliminate Upfront Costs: Protocol will automatically collect fees every block by reducing debt and collateral at a rate of 15%
It’s worth noting that Loops do not receive floor bumps at this time. If you wish to continue receiving floor bumps, you can maintain your Loan position. However, we’re actively working to introduce the ability to claim floor bumps with Loops in the near future.
BorrowFacility Positions: Loans and manual Loops in the BorrowFacility are still subject to expiration deadlines. If an expiration date is displayed, your position remains in the BorrowFacility until migrated or extended.
If your Loan is nearing expiration, take advantage of Loan Migration to safeguard your position and streamline your portfolio. Migrating is quick, easy, and can save you from unnecessary defaults.
Got questions or issues? Reach out to our support team—we’re here to help!
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 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: $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
We’re excited to announce Loan Migration, a powerful new feature that allows you to seamlessly transition your Loan positions to Loops. This feature is designed to provide greater flexibility, eliminate default risks, and enhance how you manage your loans—all with just a few clicks.
With Loan Migration, you can upgrade your position to Loops, which improves upon traditional Loans by:
Charging fees via a continuous funding rate instead of upfront interest.
Removing the risk of default due to expiration.
Gradually reducing debt and collateral in proportion to the funding rate (currently 15%).
Baseline Loans have been a core offering since the inception of Baseline, enabling users to access backed reserves against their tokens. While innovative, Loans came with challenges: users often faced frustration from missed expiration deadlines, leading to defaults, and upfront interest charges added financial strain.
In September, we introduced Baseline Loops, an alternative to Loans. Unlike Loans, which charge interest based on the borrowed amount, Loops use a funding rate mechanism that continuously “shrinks” both debt and collateral. This eliminates expiration deadlines while maintaining the same exposure, offering a more efficient and user-friendly experience.
Loan Migration allows users to transition their Loan positions to Loop positions. This migration retains your exposure, shifts upfront fees to continuous charges, and removes expiration dates, making it a smart move for users managing active loans.
By migrating your Loan position to a Loop position, you can:
Avoid Defaults: No more missed deadlines or expiration-induced defaults.
Simplify Portfolio Management: Loops automatically adjust debt and collateral with every block.
Eliminate Upfront Costs: Protocol will automatically collect fees every block by reducing debt and collateral at a rate of 15%
It’s worth noting that Loops do not receive floor bumps at this time. If you wish to continue receiving floor bumps, you can maintain your Loan position. However, we’re actively working to introduce the ability to claim floor bumps with Loops in the near future.
BorrowFacility Positions: Loans and manual Loops in the BorrowFacility are still subject to expiration deadlines. If an expiration date is displayed, your position remains in the BorrowFacility until migrated or extended.
If your Loan is nearing expiration, take advantage of Loan Migration to safeguard your position and streamline your portfolio. Migrating is quick, easy, and can save you from unnecessary defaults.
Got questions or issues? Reach out to our support team—we’re here to help!
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 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: $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
Share Dialog
Share Dialog
Subscribe to YES collective
Subscribe to YES collective
<100 subscribers
<100 subscribers
No activity yet