Loading...
OBOL is a PEGLESS token within Based Next Gen (v2), a multi-token protocol. Based Next builds on the earlier seigniorage approach from BASED Finance, continuing that successful model. As a result of research and ongoing innovation, Obol aims to address the algorithmic token challenge by adopting a pegless design where price is set through market forces and value-added mechanics.
The protocol introduces a new Perpetual Print mechanism that mints OBOL regardless of the relative price. It also includes an elastic supply feature that continuously burns and mints OBOL as needed, supporting healthy growth while limiting unnecessary expansion! Importantly, OBOL is not pegged to any asset.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|