Base Strategy (BASTR)

Base Strategy (BASTR) is an innovative protocol designed to automate exposure to premier NFT collections on the Base platform. It operates through a unique mechanism referred to as the perpetual cross-collection flywheel, which transforms trading fees into opportunistic floor purchases across multiple Base NFT collections. This process enables the acquisition of NFTs at lower prices, followed by relisting them at a premium, thus capturing the spread and recycling the proceeds back into token buybacks and burns. Such a strategy ensures ongoing and diversified exposure to the most resilient collections within the Base ecosystem.

The protocol functions through a systematic fee structure, where each trade incurs a 3% fee. Two-thirds of this fee is allocated to the buy engine that fuels the purchasing activity, while the remaining third supports operational costs. By prioritizing collections based on factors like sales velocity and market depth, the strategy mitigates risk through diversified investments across various collectibles. This prevents dependency on any single collection and enhances overall turn rates, thereby keeping the flywheel active and responsive to market dynamics.

Base Strategy also emphasizes community involvement, allowing users to suggest collections based on contract addresses and basic statistics. These suggestions undergo a review process before being considered for inclusion in the protocol’s focus list. As 1,520,379,973 $BASTR tokens have already been burned, this reflects a commitment to actively managing the token supply while fostering engagement within the Base ecosystem. By continuously adapting to market conditions and community input, Base Strategy aims to provide a seamless NFT trading experience.