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PRESS RELEASE. With the steady rise of Bitcoin price in recent days, this is arguably one of the best periods for Bitcoin trading and other cryptocurrencies. However, not all willing investors have enough capital to invest in the crypto market and although sometimes it is good to start small, investors who start with small capital tend to make negligible profits.

What is Base Protocol?
Base Protocol (BASE) is a synthetic crypto asset that derives its price from the total market cap of all cryptocurrencies (cmc) at a ratio of 1 : 1 trillion.

BASE is the world’s first and only tokenized crypto market tracker. BASE exists to maintain a market rate that is stably pegged to its underlying asset – the crypto industry.

How Base Protocol Works?
BASE’s peg to cmc is held stable through an elastic supply protocol. The Base Protocol acts as a one-stop trading instrument which allows holders to speculate on all cryptocurrencies simultaneously, rather than just one or a select portfolio of multiple.

It allows traders to agnostically invest in the entire crypto ecosystem. By holding BASE, users get exposure to the performance of the entire cryptocurrency market.

BASE can also be used as a lending instrument to hedge on leveraged crypto trading. Traditionally, lending has been
a challenge in crypto; if an individual borrows 1 BTC to buy a car, they could be on the hook for much more than
they originally borrowed when it’s time to pay that 1 BTC back. This volatility presents a problem in borrowing
crypto for general purposes, but can be useful if borrowing for crypto investing. Say a trader borrows 100 BASE to
buy an altcoin, and that the altcoin plummets alongside a bearish trend in the crypto markets. When the trader goes
to pay their 100 BASE back to the lender, he notices the value of that BASE also dropped – perfectly correspondent
to the crypto market. This means that when he pays the loan back, he only absorbs the loss he took that was in excess
of the overall loss in the market. And vice versa, if his altcoin went bullish, he would only absorb the gain in excess
of overall market performance. In this way, BASE can be used as a strategic hedging instrument for crypto-focused

ELASTIC
BASE is built on an elastic supply protocol which programmatically expands/contracts token supply to achieve target price equilibrium. BASE's target price is one trillionth the total market capitalization of all cryptocurrencies: (cmc) x 0.1^12. When BASE market price (bmp) = (cmc x 0.1^12), BASE is at equilibrium. When this equilibrium is disrupted, token supply is adjusted.

REBASE
Supply expansions / contractions are called rebases.Rebases occur when bmp ≠ (cmc x 0.1^12).When bmp > (cmc x 0.1^12), expansion rebase occurs.When bmp < (cmc x 0.1^12),contraction rebase occurs. Expansion creates new supply, decreasing scarcity and driving price down its target. Contraction destroys supply, increasing scarcity and driving price up to its target.

SYNTHETIC
A synthetic asset is one whose properties have the same effect and value as another asset. BASE is a synthetic asset engineered to simulate the market patterns of its underlying asset - all cryptocurrencies. This allows users to agnostically speculate on every token, rather than just one or a select portfolio of multiple.

CASCADE
Users will be able to buy BASE at its Uniswap liquidity pool. The Base Cascade rewards users who stake their BASE in the liquidity pool. The Cascade issues rewards based on how long a user stakes their tokens in the pool – where the more liquidity provided, and for longer, the greater share of the pool they receive.
portfolios trading on levrage.


Got Questions?

Reach out to Base Protocol via:

Email: [email protected]
● Telegram

A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. Visit Wikipedia post.

NFTs are getting progressively well known as they can be utilized to tokenize for all intents and purposes anything that can be made particular. Applications such as tokenizing extraordinary things in recreations works of art, jewels, personality, voting, dependability programs, provenance in supply chain are why individuals are progressively looking at NFTs as the another huge thing in blockchain usage.


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KingSwap could be a regulated DeFi based out of Singapore that's presenting a liquidity pool stage with fiat transformations. KingSwap’s high-yield liquidity stage offers broad staking rewards and computerized collectibles. The extend is based on Uniswap and set to dispatch in October 2020.



KingSwap works with a model that has liquidity suppliers creating liquidity pools. This model offers a redistributed evaluating element that profitably smooths out. Here is that the manner by that KingSwap works.

King tokens square measure planned on High Yield Farming & Staking disc Token Model, that square measure given as remunerations for liquidity mining. The symbolic at that time permits its holders to partake and stay longer within the administration of the stage and even qualifies them for remunerations.

Early Liquidity providers will earn tributes from Kingswap, migration of the liquidity pools. There will be some surprise for early supporters who purchase Kingswap NFTs after the launch of KingSwap & also for early liquidity providers. Earn $KING tokens when you stake your $KING with us! Higher rewards earning from staking, and more merchant benefits such as: free spotify, Netflix etc.



One of the ways for the community to advantage from buying kingSwap NFTs, which is issuing 3 NFT levels - they are Knight Tier, Queen tier and Knight Lancelot NFTs.

KingSwap defi has also added some new Blockchain community-oriented features to the Uniswap's core design, which will help the offering to boom and provide user-friendly real-time benefits in terms of price curves and contributor rewards.

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Author BTT username: cryptopediabd
Erc-20 Wallet: 0x506FC089c8A6b280e8A5cEec33070866eCc72A95

India plans to introduce a new law banning trade in cryptocurrencies, placing it out of step with other Asian economies which have chosen to regulate the fledgling market.

The bill is expected to be discussed shortly by the federal cabinet before it is sent to parliament, according to people familiar with the development who who asked not to be identified, citing rules on speaking with the media.

The federal government will encourage blockchain, the technology underlying cryptocurrencies, but is not keen on cryptocurrency trading, according to two people.

The Indian central bank had in 2018 banned crypto transactions after a string of frauds in the months following PM Narendra Modi’s sudden decision to ban 80% of the nation’s currency. Cryptocurrency exchanges responded with a lawsuit in the Supreme Court in September and won respite in March 2020.

India’s decision will be crucial as more Asian nation countries weigh pros and cons of virtual currencies. Rival China, which banned initial coin offerings and virtual currencies in 2017, recently allowed Bitcoin trading as virtual property, not as fiat money. It is also planning its own central bank digital currency. Both Singapore and South Korea regulate crypto trades.

A renewed trading ban could affect more than 1.7 million Indians trading in digital assets and a rising number of companies setting up platforms for the trade, data shows.

Instead of a ban, India needs a regulatory framework to protect uninformed retail consumers “to ensure adequate oversight of the government and the RBI over cryptocurrency businesses,” said Sanjay Khan, Partner, Khaitan & Co, a New Delhi-based lawyer who advises firms. “India can actually benefit from such a regulation to attract cryptocurrency investors and businesses.”

https://economictimes.indiatimes.com/news/economy/policy/government-plans-to-introduce-law-to-ban-cryptocurrency-trading/articleshow/78132596.cms

How many they are trying to do that! Do you think they will achieve this success by banning cryptocurrency??

Hi i was thinking to upload latest announcement from cryptocurrency exchanges which is not in our subforum. I will upload latest announcement from probit, mxc, hotbit, whitebit, bybit, bitxmi, kucoin, bitbns, wazirx, digifinex etc exchanges. Hope that you will receive the fastest announcement here. Anyone can upload announcement from various cryptocurrency exchanges. Thanks, Cheers.