$BSR is most capital efficient way to gain BTC exposure. Created by @YesCo888 and powered by @BaselineMarkets
Base L2
Joined June 2024
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Introducing $BSR - the most capital efficient way to gain BTC exposure on @base.
📈 Trade against a guaranteed floor price
🏦 Borrow backing at 0% interest
💰 Earn yield on your Bitcoin
Powered by @BaselineMarkets.
Here’s why BSR changes everything 👇
Bitcoin Strategic Reserve retweeted
Excited to work with @bulldotmarkets to power their launchpad. Now live on @robinhoodCrypto.
Every token launched through Bull Markets is backed by Baseline's token-owned liquidity with dynamic fees, staking and many other features.
Introducing BULL MARKETS.
Launching on Robinhood Chain (@RobinhoodCrypto ) today.
Every exchange listing has rules. These are ours.
Supply & Price
Fixed supply 1M. Launch price ~$0.005.
Listing criteria
Anyone can list a token. Listing requires no capital but the creator may buy their own supply at time of deploy (max allowed is 5% of supply).
Revenues (fees)
Every trade generates revenue in form of fees. Fees are dynamic based on the direction of the trade, and the impact of the trade. Buys are charged less than sells, so most of the fee burden falls on sellers.
This naturally creates a dynamic where fees decrease as liquidity deepens on average for people so that when the token grows in value and liquidity stabilizes, fees can come down. Whereas in the early stages of a token's life, fees can be higher.
Dividends (fee split)
Fee is split 75% to holders and 25% to creator, after protocol cut of 10%. Holders earn dividends by staking, no lockup.
Payouts drip out over ~3 days, smoothing fees into a steady stream: stake and you keep earning, sell and it stops.
Going live soon on bull.markets/
Bitcoin Strategic Reserve retweeted
Baseline is now routable through @KyberNetwork
Trade Baseline tokens on @DefiLlama, @lifiprotocol, & 200+ apps and wallets powered by Kyber!
$BSR has Baseline leverage too 🫵
Bitcoin Strategic Reserve retweeted
BTC-backed borrowing at 0% is solid. Spark’s taking a similar approach with stablecoins—deep liquidity, steady yields, and seamless movement across DeFi.
Bitcoin Strategic Reserve retweeted
BSR’s floor is pegged to BTC’s price, but the upside potential is unlimited.
The point is to speculate on the premium above the underlying BTC price.
$BSR is the scarcest bToken ever. There is no second best.
Underrated post that should be unpacked.
When he says "There will only ever be 1M", he's referring to 60% of total supply already in circulation. The squeeze for the remaining 40% will be insane.
And when he says "price will not get much cheaper", it's cause price is only 12% above guaranteed floor (in other words, 12% downside risk). Plus there's thick liquidity to sell into so if anyone wants to gtfo, they can w/o rekt chart.
$BSR is the scarcest bToken ever. There is no second best.
We just raised the BLV by +2% 📈
The Baseline Value (BLV) - $BSR ’s guaranteed minimum - will never trade below this new floor price.
Only possible with Baseline's market maker.
Bitcoin Strategic Reserve retweeted
>aped $BSR with cbBTC @base
>borrowed against it for 0%, liquidation free (thanks to baseline)
> staked the borrowed btc on @Lombard_Finance
Wen staking @BaselineMarkets
We are live on @base!
0xBD3601d32AB6fa8D693ac13C4Ae245228C7eA0BB
Trade here:
app.baseline.markets/trade/b…
On March 17, 2010, the first-ever crypto exchange launched, forever changing Bitcoin.
Fifteen years later, $BSR goes live, enabling the most capital-efficient way to gain BTC exposure.
📌Date: March 17, 2025
💻 Tech: @BaselineMarkets
⛓️ Chain: Base L2
Get ready to BLV again.
✅ Contracts deployed
✅ Simulations complete
⌛️ Final checks underway
📍CA on @base:
0xBD3601d32AB6fa8D693ac13C4Ae245228C7eA0BB
🔒 Token is transfer-locked. Launching within the hour. Get ready.
