# Executive Summary

### What is Basis?

Basis is the permissionless DeFi layer where AI agents and humans earn, create, and grow together. Now live in public beta on BNB Chain mainnet. Built on two proprietary token frameworks — **Stable+** (up-only) and **Floor+** (rising floor) — Basis solves cryptocurrency's core problem: volatility. Stable+ tokens can only increase in value through a mechanism called **slippage retention** — when someone buys or sells, the "lost value" from price impact stays in the liquidity pool rather than being extracted. This is distinct from fee injection: trading fees are distributed elsewhere (creator, vault, platform). The slippage itself stays in the pool. Floor+ tokens allow price discovery above a floor that rises over time, providing speculation with downside protection.

**These frameworks enable four integrated products:** a **Token Launchpad** for creators and agents to launch protected tokens, a **Prediction Marketplace** (Predict+) where each market has **one** multi-utility Predict+ token with a separate USDC betting pool for outcome shares, a **Lending Facility** offering 100% loan-to-value ratios with zero liquidation risk from price movements, and a **DEX** with dynamic leverage (up to \~36x on deep pools, varies by position size) without forced liquidation.

Every action on Basis is programmable — AI agents can create tokens, trade, lend, predict, and manage capital autonomously. This is Agent-Native DeFi.

### Why It Matters

The crypto industry loses users to two fundamental problems: volatility (preventing mainstream adoption for payments and value storage) and trust (pump-and-dump schemes, rug pulls, and insider dumps destroy confidence). Stablecoins solve volatility but sacrifice growth. Traditional tokens offer growth but expose holders to total loss.

Basis solves both: tokens that maintain stability and appreciate, with fair launch mechanics that make exploitation structurally impossible. All tokens have **100% elastic supply** — minted on buy, burned on sell — with zero pre-minting and zero insider allocations. Creators earn from transaction volume rather than token dumps, aligning their incentives with their communities.

Meanwhile, millions of AI agents are coming online and they all face the same problem: **how do they earn, hold, and deploy capital autonomously?** Most DeFi platforms are built for humans clicking buttons. Basis is built for both — every platform primitive works programmatically with zero human intervention.

Here is where the two come together: agents generate sustained, around-the-clock transaction volume. That volume drives protocol revenue, which flows into the vault, which appreciates for every participant. Human users benefit from agent-driven volume. Agents benefit from human market participation and liquidity. This symbiotic loop is what makes Basis fundamentally different.

### Market Opportunity

**Basis addresses multiple large markets simultaneously:**

**Prediction Markets:** Polymarket processed $3.2B in 2024 election volume alone, proving massive demand. Predict+ expands the addressable market by offering one token per market that can be held for appreciation, traded, used as collateral, or bet on outcomes through a separate USDC pool — attracting investors who would never gamble. Winners split the entire losing pool (uncapped), unlike Polymarket's $1/share cap.

**DeFi Lending:** $100B+ total value locked industry-wide, but standard platforms offer only 50-80% LTV with constant liquidation risk. Basis offers 100% LTV with zero liquidation risk from price movements, with dynamic fees (\~2% for 10-day loans to \~7% for 1,000-day loans), all prepaid upfront.

**Creator Economy:** $100B+ market plagued by extractive tokenomics. Platforms like Pump.fun offer only \~25% liquidity backing. Basis provides 100% backing at floor price with sustainable creator revenue streams — 20% of all trading fees, paid in USDC.

**Agent Economy:** The fastest-growing segment of the digital economy — and it's concentrating on BNB Chain. As of March 2026, BNB Smart Chain hosts **39,000+ registered AI agents** (ERC-8004 standard), overtaking Ethereum and Base to become the #1 chain for autonomous agents. Agent-driven DEX volume on BSC hit **$18.1M daily** (March 11, 2026), with **523,000 daily agent transactions**. Total registered agents across all chains grew from 337 to 130,000+ since January 2026 — a 39,000% increase. Agents need permissionless infrastructure to earn, hold, and deploy capital. Basis is where agents go to grow — earn their first crypto, launch tokens, trade predictions, build on-chain reputation. This is the **Lobster Economy**.How It Works

All tokens created through Basis pair with **STASIS**, the platform's native Stable+ liquidity token (itself paired with USDC). When STASIS appreciates through ecosystem-wide trading activity, every paired token benefits proportionally. This creates a **cascading value effect** where platform growth lifts the entire ecosystem.

**All tokens start at $1.00** with creator-configured starting liquidity ($100–$10,000). Supply is 100% elastic: minted when purchased, burned when sold.

Trading fees vary by token type (platform-set, not creator-configurable):

| Token Type | Trading Fee |
| ---------- | ----------- |
| Stable+    | 0.5%        |
| Floor+     | 1.5%        |
| Predict+   | 1.5%        |

**Fee Waterfall:** Trading Fee → Creator (20%) → Bonding phase buyers (3.33%) → STASIS Vault (portion) → Platform Revenue (remainder) → 90% to BASIS stakers as USDC + 10% platform operations.

### The BASIS Token

BASIS is the platform utility token. Stakers receive 90% of all platform revenue as USDC — a pure yield model with no buybacks or token burns. Rewards are weighted by staking commitment through a **notice-based system** (not fixed locks):

| Tier      | Notice Period               | Multiplier |
| --------- | --------------------------- | ---------- |
| Flexible  | 30 days                     | 1.0x       |
| Standard  | 90 days                     | 1.5x       |
| Committed | 180 days                    | 2.5x       |
| Diamond   | 365 days                    | 4.0x       |
| Founder   | 365 days + 6mo initial lock | 6.0x       |

> **Projected APY (Diamond tier, 50% supply staked):**
>
> * 28% at $20M revenue
> * 56% at $40M revenue
> * 105% at $75M revenue

**Important distinction:** BASIS is the utility/governance token (staked for platform revenue share). **STASIS** is the system's liquidity token (a Stable+ token paired with USDC, serving as the base pair for all other tokens). They serve different roles.

### Token Distribution

**Total supply: 1,000,000,000 BASIS**

| Allocation                       | Percentage | Tokens |
| -------------------------------- | ---------- | ------ |
| Community Airdrop (ACS-weighted) | 25%        | 250M   |
| Ongoing Emissions                | 10%        | 100M   |
| Presale Investors                | 30%        | 300M   |
| Core Contributors                | 10%        | 100M   |
| Ecosystem & Grants               | 6%         | 60M    |
| CEX Liquidity                    | 7%         | 70M    |
| DEX Liquidity                    | 5%         | 50M    |
| Treasury Reserve                 | 7%         | 70M    |

All presale participants are notice-based locked with rev share vesting — they earn USDC yield during lock periods. 35% goes directly to users (airdrop + emissions), 40% is locked with yield (presale + team), and 25% is infrastructure (liquidity + ecosystem + treasury).

### Competitive Position

| Feature                   | Basis                           | Industry Standard   |
| ------------------------- | ------------------------------- | ------------------- |
| Loan-to-Value Ratio       | 100%                            | 50-80%              |
| Liquidation Risk          | Zero (price-based)              | Constant monitoring |
| Liquidity Backing (Floor) | 100%                            | \~25% (Pump.fun)    |
| Prediction Token Utility  | Hold, trade, collateralize, bet | Binary betting only |
| Prediction Payouts        | Uncapped (winners split all)    | Capped at $1/share  |
| Creator Revenue Model     | Volume-based USDC fees          | Token dumps         |
| Agent Accessibility       | Fully programmable              | Manual/UI only      |

### Investment Highlights

1. **Technical moat:** Proprietary slippage retention mechanics that make Stable+ price decreases algorithmically impossible
2. **Proven market demand:** $3.2B+ prediction market volume, $100B+ DeFi lending TVL
3. **Sustainable economics:** Pure yield model distributing 90% of revenue as USDC to stakers
4. **Aligned incentives:** Fair launch with 35% community allocation (airdrop + emissions); all insiders locked with revenue share; zero pre-minted tokens
5. **Network effects:** STASIS pairing creates cascading value where ecosystem growth benefits all tokens
6. **Agent-Native DeFi:** Every platform action is programmable — positioning Basis as infrastructure for the next wave of autonomous economic participants