Base Reward Token is The Future of Decentralize Finance

4 min readMay 23, 2021

The progress in science and technology has changed the whole globe tremendously and created blockchain technology and cryptocurrencies. In a financial climate, technology has the ability to change how we interact. By developing an open, transparent, and transboundary, multimode online business network that can function as a one-stop-shop marketplace, Blockchain technology can provide a bridge between businesses and customers

Cryptocurrency is possibly the largest digital investment asset as it is user-friendly, safe, and enables expensive transaction charges to be eliminated. It has shown to be the largest barrier lifting element in the financial market in international financial operations. By using blockchain technology cryptocurrency has established a decentralized, transparent, and unmodifiable system of accountability.

THE ISSUE

The joy of connection, the exhilaration of invention, and the abundant sense of belonging maintain us in shape and form and create a hopeful future. It is important for us to be part of an organization, corporation, forum, community, or even a minority group.

End users barely feel that they belong to business (producers) and consumers (end-users) since their loyalty is not rewarded and is not regarded most frequently in decisions taken.

This situation helps founders, members of the board, shareholders, and workers through the expansion of the firm. But suppose that you would develop as a consumer with a firm, every transaction and every purchase or online spending?

In contrast to other service providers, we believe in a decentralized rewards system that shares our income with our customers and loyal customers.

THE SOLUTION

The main idea of the base award ecosystem is to connect cryptocurrencies, blockchain, and many enterprises in one location, enhancing users’ loyalty and becoming stakeholders in income and participation in decision making as “base rewards.” This allows users to spend, grow along with the platform and participate in decision-making without having to worry about hurting their portfolio. With all transactions, purchases, and online spending on our platforms, ecosystem growth will be beneficial to all users.

A transparent Staking Protocol (PoS) on our BINANCE SMART CONTRACT processes the identification method of the quantity of token that the user owns, rewards and reward delivers.

The cryptoeconomic incentives for proof of stake (PoS) are meant to provide a stronger BRT reward. The reward is reduced to the need for holders to insert their B.R.T token into our intelligent contract to collect further BRT. The holder is rewarded by their proportion of the overall staking pool token. For further details, check the tokenomics section.

TOKENOMICS

A BEP20 token, which is built on the Binance SMART CHAIN and includes underground delivery limits, has been BASE REWARD TOKEN (DEFI). All of the remaining tokens sold at PRESALE PHASES are targeted at attracting additional holders and increasing the community.

BRT’s 12 million tokens will be spent on our smart contract with 6 million tokens. Stakeholders’ Pool Award is 5 000 thousand BRT every day and the stakes award is based on their overall stakeholders’ percentage. Every 365 days the stake prize is HALVE.

Pre-sales, the crew, the bounty, and Airdrop will get 6 million tokens.

The token we get through liquidity, 70% will be burnt and the 30 percent will be used for customer loyalty rewards. The ecosystem costs will be 60 percent paid for the token holders using EXCHANGE LIQUIDITY. The goal is to reduce the entire supply to 6 million tokens.

The purchase and burning scheme is set up to guarantee that the BASE REWARD TOKEN is decreased in circulation. The supply cut generates scarcity since the BRT can only be received by STAKING or CUSTOMER LOYALTY. The aim is to build an effective, effective, utility and demand for a token using a case and REWARD system.

· Token Name: Base Reward Token Ticker/Symbol: BRT

· Contract : 0xfa87b870e751179bef7dcada8c18fc5ca4a37bb0

· Blockchain Technology: BINANCE SMART CHAIN (BEP-20)

· Token type: Utility Token Decimal: 18

· Softcap: $200,000

· Hard cap: $500,000

· Total supply: 12 million Token

CONCLUSION

It is the finest market for monetary transactions that has proven to be a significant obstacle to worldwide financial activities. Computerized money was established to build a decentralized, directed and unchangeable system through the improvement of blockchain. Base Reward should organize and increase worldwide without constraints and restrictions. Base Reward is expected. The idea is really good in every regard, with all the functionalities needed for a platform to meet all the demands of traders who will invest in the future.