Genesis Phase (opens in a new tab)

• Details: Genesis marks the beginning of Based.Farm, presenting staking opportunities for AERO, ETH, USDC, cbETH, and OGRE.
• Reward: Single-sided stakers will be rewarded BASED.
• Duration: This inaugural phase will last approximately 72 hours.

The Armory (opens in a new tab)

• Details: After the Genesis phase, BASED-ETH farms open and liquidity providers will earn BASED. After approximately nine days, bSHARE-ETH is introduced and both farms earn bSHARE.
• Reward: Users who provide liquidity will be rewarded with BASED. Once bSHARE is introduced both farms will earn bSHARE.
• Duration: This period to earn BASED is set to last nine days. After that, LPs will earn bSHARE indefinitely.

The Forge (opens in a new tab)

• Details: The Forge opens when bSHARE is introduced.
• Purpose: Users stake bSHARE to earn BASED, only occurs when the peg is >= 1.0003.
• Duration: This period to earn bSHARE is set to last indefinitely, begins in approximately 120 hours after launch.

Bonds (opens in a new tab)

• Details: The mechanism used to burn supply to causing deflation. Taxes will be enabled at the same time.
• Purpose: Enables users to buy bBOND by burning BASED, aiding in price stability.
• Duration: Milestone Based.