BaseX (BSX) introduces a groundbreaking method for Concentrated Liquidity Automated Market Making (AMM), developed by BaseSwap to enhance liquidity efficiency and offer a more adaptable farming experience. As the pioneering project on Base to integrate Merkle technology via the Angle Protocol, BaseX revolutionizes the rewards system for its users. The rewards you receive are directly influenced by the positions you select: opting for a narrower position yields greater rewards, while a broader position results in lesser rewards. Additionally, this platform allows multiple rewards to be added to the liquidity pool by various protocols, enabling users to benefit from several rewards concurrently. This feature ensures that incentives from partners and farming can be claimed simultaneously, all in a permissionless environment.
BaseX empowers users to supply liquidity either within custom-defined ranges or through preset options. For those who prefer a more streamlined experience without the need for constant monitoring and rebalancing, BaseX has teamed up with DefiEdge, the first Automated Liquidity Manager (ALMM) on the Base blockchain. This innovative tool automatically adjusts your position, making liquidity provision effortless. Regardless of whether you opt for custom ranges or utilize the ALMM, you will continue to earn rewards seamlessly.