🪐About Basetasm Finance
Basetasm Finance is an independently run fork of Fantasm Finance. It is a direct fork, with minimal modifications made, in order to keep the security of the protocol as high as possible.
The only changes are to the ELX token emission & allocation. We have removed the DAO and Treasury funds, and reduced the size of the DEV fund to 1 million tokens vested over two years.
The DAO fund was originally allocated 6,000,000 tokens (20%), the Treasury fund was allocated 3,000,000 tokens (10%), and the Dev fund was originally allocated 3,000,000 tokens (10%. Since the DAO and Treasury fund do not exist for our project, and our DEV allocation is 33% of the original, we have allocated 100% of the 11,000,000 tokens that were saved to the farming rewards.
Emissions have been switched from 70% ETHX/WETH & 30% ELX/WETH to 80% ELX/WETH & 20% ETHX/WETH, and the overall rate of emissions per second has been reduced to 0.001 ELX tokens per second.
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