Tokenomics

The Baselend’s ecosystem and governs its various functionalities:

TokenName : BaseLend Symbol: $BLEND

Total Supply: 100M

Allocation:

• 60% Community Liquidity Incentives (Liquidity providers, borrowers, and pool trainers to bootstrap adoption)

• 20% Marketing & Partnerships (Strategic partnerships, awareness campaigns, and ecosystem growth)

• 15% Team

• 5% Market Maker (Providing liquidity depth and reducing slippage in trading)

Utility:

• Governance: 1 BASE = 1 vote on proposals.

• Staking: Stakers can receive reduced borrowing fees or higher APYs (e.g., +1% on lending returns).

• Rewards: Liquidity providers earn a portion of BASE tokens proportionate to their contribution to the protocol.

Launch Mechanism:

• Fair Launch with no pre-mines or preferential allocations beyond the structured tokenomics.

Revenue Model:

• Protocol Fees: 10% of interest paid to lending pools goes to the treasury.

• Liquidation Penalties: 5-8% penalty on liquidated collateral, split between liquidators and the treasury.