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
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
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Introducing Universal Baseline Income (UBI) - our initiative to distribute Blast Points and Blast Gold for activities that build a broad and deeply liquid YES.
YES is entering its 3rd week of existence. There is a total of 5,107 ETH in the pool. Average daily volume is $18.6M/day with not a single day less than $1M/day. By all measures, YES-ETH has become an anchor liquidity pair for entire Blast ecosystem. This is just one example of what Baseline mechanics are capable of.
We are now ready to leverage this position of strength into supporting liquidity needs of other projects. To date, Baseline has accumulated 227.3M Blast Points, which puts us as the 7th largest Points recipient in the entire Blast ecosystem. We were also winners of Blast Big Bang Competition and will receive a substantial amount of Blast Gold. 100% of both Blast Points and Blast Gold will be distributed to the community per guidelines below.
Users who collateralize their YES holdings are contributing to a robust YES-ETH LP. To reward this behavior, we will distribute Blast Points to users based on their YES collateral holdings. Specifically, we calculate your collateral position relative to total system collateral, and distribute the points proportionally.
For example, suppose that in a given hour, Baseline received 1M Blast Points. In that hour, there was 100,000 total YES collateral, and the user below has 8,180 YES collateralized. Proportionally, they’re entitled to 8.18% of 1M Blast Points in that block.
Existing Blast Points (227.3M) will be distributed retroactively - if you borrowed anytime since launch, you will be awarded Blast Points. Retroactive distribution will occur on Monday, March 18th, at 23:59 PT.
New Blast Points will be distributed on an hourly basis. One important thing to note is that there is a 2 hour delay from the time that Blast calculates our award until we can distribute the points. So points for your collateral holdings in hour H will appear as points in your account at hour H+2.
Points will be visible in https://app.baseline.markets
Users who pair YES against any token are contributing to making YES into a broadly liquid asset. To reward this behavior, we will distribute Blast Gold to liquidity providers of YES-X LP (excluding YES-ETH). Specifically, we calculate total volume through YES-X LP that ends in, or originates from, YES-ETH LP.
Snapshot for Blast Gold began Monday, March 18th, at 00:01 PT. Distribution will be on a weekly cadence, distributed at end of week. First distribution will be Sunday, March 24th, at 23:59PM PT.
Keep in mind that UBI is an experiment. This means the team will continually evaluate whether YES is achieving liquidity goals and adjust accordingly. This initial plan will run through end of March (~2 weeks), after which team will evaluate and propose next set of incentives.
Blast Points: Buy YES and borrow ETH
Blast Gold: Provide YES-X LP (excluding ETH) liquidity on Hyperlock
Navigate to https://app.hyperlock.finance/#/yes
Make sure to turn on “Yes Mode”
If you haven’t added LP yet, you will be asked to add LP on Thruster DEX. If you’ve never added V3 LP, see Adding V3 Liquidity on how to do so.
After you’ve added LP on Thruster DEX, navigate back to Hyperlock and you should see your YES-X LP appear. Click Deposit, sign the transaction, and stake the LP.
You will now receive Blast Gold pro-rata based on volume traded.
Any YES-X LP (excluding YES-ETH) qualify for Blast Gold. There are 7 partners at launch, and there will be more. Visit Hyperlock YES Partners to see all partners.
Reach out to us in Discord.
Introducing Universal Baseline Income (UBI) - our initiative to distribute Blast Points and Blast Gold for activities that build a broad and deeply liquid YES.
YES is entering its 3rd week of existence. There is a total of 5,107 ETH in the pool. Average daily volume is $18.6M/day with not a single day less than $1M/day. By all measures, YES-ETH has become an anchor liquidity pair for entire Blast ecosystem. This is just one example of what Baseline mechanics are capable of.
We are now ready to leverage this position of strength into supporting liquidity needs of other projects. To date, Baseline has accumulated 227.3M Blast Points, which puts us as the 7th largest Points recipient in the entire Blast ecosystem. We were also winners of Blast Big Bang Competition and will receive a substantial amount of Blast Gold. 100% of both Blast Points and Blast Gold will be distributed to the community per guidelines below.
Users who collateralize their YES holdings are contributing to a robust YES-ETH LP. To reward this behavior, we will distribute Blast Points to users based on their YES collateral holdings. Specifically, we calculate your collateral position relative to total system collateral, and distribute the points proportionally.
For example, suppose that in a given hour, Baseline received 1M Blast Points. In that hour, there was 100,000 total YES collateral, and the user below has 8,180 YES collateralized. Proportionally, they’re entitled to 8.18% of 1M Blast Points in that block.
Existing Blast Points (227.3M) will be distributed retroactively - if you borrowed anytime since launch, you will be awarded Blast Points. Retroactive distribution will occur on Monday, March 18th, at 23:59 PT.
New Blast Points will be distributed on an hourly basis. One important thing to note is that there is a 2 hour delay from the time that Blast calculates our award until we can distribute the points. So points for your collateral holdings in hour H will appear as points in your account at hour H+2.
Points will be visible in https://app.baseline.markets
Users who pair YES against any token are contributing to making YES into a broadly liquid asset. To reward this behavior, we will distribute Blast Gold to liquidity providers of YES-X LP (excluding YES-ETH). Specifically, we calculate total volume through YES-X LP that ends in, or originates from, YES-ETH LP.
Snapshot for Blast Gold began Monday, March 18th, at 00:01 PT. Distribution will be on a weekly cadence, distributed at end of week. First distribution will be Sunday, March 24th, at 23:59PM PT.
Keep in mind that UBI is an experiment. This means the team will continually evaluate whether YES is achieving liquidity goals and adjust accordingly. This initial plan will run through end of March (~2 weeks), after which team will evaluate and propose next set of incentives.
Blast Points: Buy YES and borrow ETH
Blast Gold: Provide YES-X LP (excluding ETH) liquidity on Hyperlock
Navigate to https://app.hyperlock.finance/#/yes
Make sure to turn on “Yes Mode”
If you haven’t added LP yet, you will be asked to add LP on Thruster DEX. If you’ve never added V3 LP, see Adding V3 Liquidity on how to do so.
After you’ve added LP on Thruster DEX, navigate back to Hyperlock and you should see your YES-X LP appear. Click Deposit, sign the transaction, and stake the LP.
You will now receive Blast Gold pro-rata based on volume traded.
Any YES-X LP (excluding YES-ETH) qualify for Blast Gold. There are 7 partners at launch, and there will be more. Visit Hyperlock YES Partners to see all partners.
Reach out to us in Discord.
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