Presale Information

• The BaseFi presale will last for 3 days with a goal of raising 20 ETH by offering 10% of the token supply at a 200 ETH FDV.

• If the target raise is incomplete, the remaining tokens from the presale will be distributed to presale contributors on a per token basis, lowering the presale market cap.

• Immediately after the presale is completed, the Initial Dex Offering (IDO) will occur and BaseFi will begin trading on Uniswap.

• 50% of presale tokens will be distributed to investors before the IDO, with the remaining 50% of tokens to be unlocked linearly over a 30 day period to reduce initial sell pressure.

The primary goal of the presale is to bootstrap trading liquidity on Uniswap. By increasing the amount of ETH in the liquidity pool, we can reduce slippage for trades, facilitating larger transactions and promoting price stability. This is crucial for attracting investors and growing the ecosystem.

All proceeds from the presale will go to the Uniswap LP, along with 15.5% of the BaseFi token supply. The LP redemption tokens will then be burned to bolster initial confidence in trading.