NOTE: $B is not live yet.
The $B Token
$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.
How $B Accrues Value
$B holders benefit from protocol activity in three ways:
- Token-Owned Liquidity: Since $B itself is a Baseline token, it inherits the properties of a guaranteed floor price, and liquidity that grows token's value over time.
- Protocol Fees: Trading fees from all Baseline markets flow to the protocol, which may be used for staking, airdrops and buybacks in the future.
- Token Pairing: Some projects will choose to pair with $B. Demand for partner token will route buy pressure through $B.
These value accrual mechanisms create a self-reinforcing flywheel: as more projects launch on Baseline, more trading volume is generated, more fees are generated for $B holders, and the value of $B increases.
Tokenomics
| Category | Amount | Percentage |
|---|---|---|
| Circulating Supply | 12,577,625 | 60% |
| Token-Owned Liquidity | 8,422,375 | 40% |
| Team Allocation | 0 | 0% |
| Investor Allocation | 0 | 0% |
| Total Supply | 21,000,000 | 100% |