Baselit, the protocol set to launch on Basechain, introduces an innovative liquidity provision opportunity through Uniswap exchange.
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Start by minting our USDT pegged token (bLIT) my simply using USDC. To acquire USDC tokens you can trade for it through Uniswap exchange. You have two options, single stake it for USDC rewards, or create an LP to earn bSHARE rewards.
Users can seamlessly participate in liquidity pools for bLIT/ETH, or bLIT/bSHARE pairs on Uniswap, thereby earning and receiving bSHARE rewards.
Should users opt to sell their pegged tokens, they will be automatically burned, ensuring a dynamic ecosystem
Leveraging bSHARE tokens, participants can further enhance their earnings by staking in the boardroom, thereby earning ETH rewards.
This strategic integration fosters a professional and lucrative environment for participants to actively engage with Baselit's ecosystem while maximizing their returns but most importantly , Sustainability.
