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Migration

For $SHARE and $BETH holders

Basethereum and the Leetswap Exploit

Basethereum was a seigniorage protocol inspired by Basis Cash and Tomb Finance. It was one of the first Defi projects to launch on Base Mainnet. The liquidity for its two tokens, Seigniorage Share ($SHARE) and Basethereum ($BETH) were on Leetswap.
However, due to a vurnurability in the Leetswap's router, SHARE/ETH and BETH/ETH LPs were drained resulting in a total of net $91,000 USD loss.
Holders of SHARE and BETH, as well as SHARE stakers and SHARE/ETH and BETH/ETH LPers will be compensated through a migratory claimdrop for $BASIN.
Pricing of SHARE and BETH as well as LPs is currently as follows:
Asset
Last Market Price Per Token
Migration Price
Grace Premium
SHARE
$85
$100
+17.6%
BETH
$1185
$1400
+18.1%
SHARE/ETH
$256
$300
+17.1%
BETH/ETH
$3015
$3500
+16%

Claiming $BASIN

  • Affected addresses must have opened a ticket or posted their onchain information in the Discord's #migration channels
  • $BASIN will be vested linearly for 2 weeks upon liquidity launch. This is to prevent instant dumpage.