DEX with Token-Owned Liquidity. Permissionless launch coming soon.
Joined January 2023
- Tweets 1,094
- Following 26
- Followers 11,500
- Likes 2,182
158 Photos and videos
We talked about the structural unlock @BaselineMarkets is creating
Before: market makers got token allocations, LP'd out of their positions at profit, extracted from the project
After: the same mechanic, but the protocol earns the profit programmatically and routes it back to the chart by code
Market making firms have offices, employees, bonuses to fund...that money comes from somewhere
Baseline doesn't have those costs because it's automated and all of the spread flows back
The analogy: manual market making is a stick shift, programmatic bots are an automatic, Baseline is self driving
"That's the only way you can really scale the future of tokenization and serve the long tail market." - @fullyallocated
Today on MCG: @fullyallocated | @BaselineMarkets | $B
$B is the ecosystem token for Baseline Markets, an asset issuance protocol where tokens own their liquidity, and automatically manage it to grow value over time
Highlights include:
01:55 - Background in token design since 2017
04:55 - Genesis of Baseline
05:38 - The three range mechanic
07:32 - Baseline turns market making from a cost model into a revenue stream for projects AND holders
08:35 - Project owns its own liquidity, earns the fees back from market making it does itself
09:30 - Holder mechanics
13:24 - Crypto's "goldfish memory"
16:00 - The programmatic liquidity thesis
17:48 - Non-liquidatable borrowing
18:36 - $B token has $24M in total liquidity (incl. looped borrows) on a $29M market cap pool
30:35 - $PEPE simulation
31:24 - Impermanent loss
43:38 - Lifetime volume across all Baseline tokens
45:43 - Incumbent @base launchpad partnerships in talks
50:18 - 100% of protocol revenue currently going to community (airdrop optionality on the table)
4
2
9
1,506
Today on MCG
Pre show - @mynt_josh $SPCX thesis and Elon strategy
12:30 - $B @BaselineMarkets w/@fullyallocated
1:15 - $JTVO @jatevoid @vantis_ai w/@lucaxyzz
1:45 - @sunrisedefi w/@rachit
🔴 LIVE: Historic SpaceX IPO Craze | Market Updates Founder Interviews x.com/i/broadcasts/1AKEmmDEg…
3
3
15
2,165
Jun 12
The people who make it in crypto are the ones who keep updating their reality.
2009: Bitcoin
2015: Ethereum
2020: DeFi
2026: Baseline
2
5
17
515
Baseline retweeted
Jun 9
a little more on @BaselineMarkets staking dynamics:
> $BLU did about 15k of 24h volume which pushed up its unit price >150%
>@BaselineMarkets pays stakers in the reserve asset (in this case, WETH)
>so the APR decreases as $BLU price rises, since the ETH-per-$BLU also decreases
>yield is "smoothed" - paying out over time
>and it cuts both ways - so if there's been a lot of initial volume that has declined, consider staying staked to guarantee your allocation of the fees
>if nobody is staked, yield doesn't disappear - it accumulates until stakers enter
>pending yield begins getting distro'd over time from the moment someone stakes
>so it pays to stake early and get access to the fee distro as quickly as possible
if you want to check the numbers: app.baseline.markets/tokens/…
Jun 8
anyone wanna jump into this token (<15k mcap) and see how far we can push the APR?
>currently doing >100% (non-dilutive!) leveraged APR off 10k total lifetime volume (lol)
>50% of supply staked
>20% floating, only
>100% of swap fees go to stakers
if you buy in - stake ( tag me here)
@BaselineMarkets tokens generate yield from swap fees w/ customizable allocation btwn creators and stakers earned entirely in the reserve asset - no IL
6
1
24
2,678
This Week on MCG (Times in EDT)
Stream notes posted: @MCGAlpha
Recordings on MCG YouTube: youtube.com/@MCG_live
Monday 6/8
1:15 - $ROOTAI @root_edge w/@Cissora
Tuesday 6/9
12:30 - $DAEMON @DaemonTerminal w/@Nullxnothing
1:15 - $ORE @Oresupply w/@Hardhatchad
Wednesday 6/10
12:30 - $DIK @predikt_gg w/@sally_mg
1:15 - $LITCOIN @litcoin_AI w/@tekkaadan
Thursday 6/11
12:30 - $PRISM @prism_lp w/@Colbysayshi
1:15 - $LFI @lienfiapp w/@mleejr
Friday 6/12
12:30 - $B @Baselinrmarkets w/@fullyallocated
26
19
66
21,650
Building for $REPPO holders!
2.5% total supply has now been community staked earning 5.4%, paid out in (yes you read that right)
No contribution from Treasury here.
We also plan to accretively increase the fee share with stakers as the LP gets deeper.
Gbaseline @BaselineMarkets
Verifiable at -
app.baseline.markets
7
13
84
3,350
Jun 3
RT @rgvrmdya: As a builder in crypto/web3, you quickly are humbled by markets.
Some stats since we moved to @BaselineMarkets.
Quickly a…
1
Jun 3
With any human-run market, you're trusting the people behind the scenes not to manipulate it.
Baseline tokens don't need anyone behind the scenes.
3
3
29
2,770
Jun 2
Baseline Markets is now live on Uniswap v4 🦄
Our Mercury hook is approved on the routing allowlist, so you can now trade Baseline tokens directly through the official Uniswap interface.
Big thanks to the @Uniswap for making token-owned liquidity easier than ever to access!
4
7
64
3,054
Baseline retweeted
Another Solid Meeting with @miratisu_ps @umeirzz and @BaselineMarkets
Baseline is a token Owned liquidity hub that’s very much the future of how liquidity works for good Tokens on @base
Via @virtuals_io
x.com/i/spaces/1OxwbbmENmMJB
2
8
888
Come join us with @BaselineMarkets to learn about the decision behind migration and how we are prioritizing $REPPO holders
9
45
3,839
May 31
Almost every fair launch token goes wrong. Can you guess why?
1
5
26
1,304
May 31
To founders launching a token in the next 90 days, there's a way to do this without hiring the problem.
baseline.markets
Special thanks to @morethanspecpod @2lambro for the nice chat!
11
410
5
18
4,935
We are hosting two back to back AMA’s this coming Tuesday -
Community AMA at 2 pm UTC where we will share alpha on our agentic swarm and how it scales the network to $1B trading volume
- twitter.com/i/spaces/1mGPaLy…
Followed by an AMA with @BaselineMarkets and @virtuals_io team on why we moved the Uni V2 pool to Baseline
twitter.com/i/spaces/1Oxwbbm…
4
10
63
3,777
Baseline retweeted
May 30
The agentic economy will have trillions of agents, each with their own token.
It’s not realistic for this to be built on market infrastructure that requires human market makers or liquidity that has to be managed.
Virtuals saw this pretty early, and are leading the charge implementing a new kind of token infrastructure where trading activity is more tightly integrated with token value and holder benefits.
5
4
23
2,124