💵Protocol Fund

The fund controlled by the developers of BASED Finance that conducts buybacks and acts as a reserve to help maintain the peg.

Protocol Fund Multi-sig Address:

0x0A10daD90b9C6FB8B87BFf3857A4B012890C53A5

Information about the Protocol fund is as follows:

  • Protocol fund will be used for Improvement of the protocol and Future Developments

  • The Protocol fund will hold a range of assets at the discretion of the core team

  • The fund may or may not invest in safe projects to earn yield and grow itself at the discretion of the team.

  • Changes to fund management subject to core team decision.

Up to 20% of OBOL Emissions will go to the Protocol Fund.

10% of SMELT Emissions will go to the Protocol Fund.

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