Basis Ecosystem Update — January 2021

yyctrader
2 min readJan 26, 2021

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It’s been just under 2 months since Basis Cash was launched. As we look forward to the launch of Basis V2 in the coming weeks, we have already begun building the foundation of the Basis Ecosystem by building partnerships throughout DeFi.

Here’s a list of what you can currently do with your tokens:

  • Sushiswap: Provide liquidity to BAC/BAB or BAC/ETH to earn $SUSHI
  • MARS Project: Provide liquidity to BAC/MARS and stake your LP tokens to earn $MARS
  • Secret Network: Participate in Bridge Mining with BAC and earn $SCRT
  • Santiment Analytics: Provide liquidity to BAC/SAN to get access to Sanbase Pro

In Progress

  • Curve: BAC/3crv StableSwap pool is live. BAS incentives are planned to be moved over from BAC/DAI post-migration, subject to governance approval.
  • CREAM: BAC has been approved as a collateral asset, awaiting implementation.
  • S Finance: BAC/DAI pool is live. Awaiting incentivization post-migration subject to governance approval.

We are continuing our focus on use-cases while development work on V2 continues. More integrations to follow!

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yyctrader

DeFi Degen with a penchant for rare JPEGs and algo-stables.