Base ProtocolSynthetic crypto asset whose price is pegged to the total crypto market cap.
Description
Base Protocol (BASE) is a token whose price is pegged to the total market cap of all cryptocurrencies at a ratio of 1:1 trillion. BASE allows traders to speculate on the entire crypto industry with one token.
If crypto market cap is $450B, BASE is $0.45. If crypto market cap is $800B, BASE is $0.80.