What Is Base Reward Token (BRT)?
Base Reward Token uses the hub and spoke model. Each user finds a hub to make a channel with. The user pays the hub a fee to route their payments and bets where they need to go using the lightning network. Lightning contracts are made by hash time-locking and similar techniques. This connects multiple bets from different channels together. Either they all update, or they all do not update. This way users can participate in a smart contract that has more than two participants.
If a bet follows a long path, it could be locking up more liquidity than necessary. They can recover the excess in a trust-free way, without interrupting the bet. For example, let’s say Alice and Carol made channels with server Bob. Alice and Carol are betting against each other. Alice is betting $1 on the Astros, and Carol is betting $1 on the Cowboys. They are betting at 50-50 odds.
Alice has at least $1 locked up in her channel, and so does Carol. Bob has at least $1 locked in Alice’s channel to pay her if she wins. Bob also needs $1 locked in Carol’s channel to pay her if she wins. Alice and Carol could make a new channel directly between them, and they could trust Lesley move the bet from the long path to the direct path. This unlocks Bob’s $2, so he can use them for something different.
Base Reward Token Storage Key Points
|Coin Name||Base Reward Token|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
The future of decentralized finance
Base reward is creating an effective and scaling decentralized digital one-stop-shop marketplace economy with a sustainable economics (Base Reward Ecosystem) powered by blockchain and cryptocurrency (Base Reward Token). Base Reward Token rewards it’s customers and token holders for their loyalty, through the PoS (Proof-of-Stake) protocol and 60% of ecosystem profit as liquidity for equal wealth distribution.
Base Reward Token
Base Reward Token The core idea is to combine cryptocurrency, blockchain technology, and different businesses in one place and get users rewarded for their loyalty, share in revenue and participate in decision making as “TOKEN HOLDER”. Rewards shall be given to all users in token, for every transaction carried out on any of our services platforms.
Introducing staking protocol (PoS) on your SMART CONTRACT. The reward boils down to the requirement that holders stake their BRT tokens to unlock more tokens as reward. The staking poll reward HALVES every 365 days. Holders accrue reward according to their percentage of the total token in the staking pool.
Every year the amount of tokens available as staking rewards cuts in halt, thus the BRT token will in approximation sustain until the year 2046. The proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many tokens he or she holds. This means that the more BRT token owned by a holder, the more mining power he or she has in the staking pool.
Base Reward Token is deployed on BINANCE SMART CHAIN and fully comply with BEP20* standard. Base Reward Tokenomics is design to make the token a scare digital asset over time as it is limited in supply, and its circulating supply is constantly reducing ( SUPER DEFLATIONARY TOKEN ). Introducing REWARDNOMICS 2.0 , learn more below.
Base Reward Wallet
Base Reward wallet is a non-custodial wallet which will revolutionize the the crypto-sphere by giving users the ability to get REWARDED in BRT token for every transaction. The use case of the wallet application is to be able to safely and securely store your crypto assets and make banking simple across Africa.
The wallet will be connected to all the major blockchain networks & will be integrated with your Instant Exchanger, Swap Dex, P2P Exchanger and our banking service. Send, receive, and exchange Base Reward Token, Bitcoin, Ethereum, & other currencies instantly with anyone in the world. Securely buy and sell Bitcoin alongside your already safely stored cryptocurrency.