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Basilisk

Basilisk

Project

Basilisk is a liquidity bootstrapping protocol built for Kusama, enabling frictionless liquidity for the long tail of crypto assets through a modular design. The first release of Basilisk provides an implementation of a liquidity bootstrapping pool and pools with order matching transactions. Future releases will bring more advanced price discovery mechanisms to Basilisk, such as auctions and bonding curves.

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About

Basilisk (BSX) is a Kusama-based parachain — a liquidity protocol with a modular, automated market maker (AMM) design. It allows early stage crypto projects to bootstrap liquidity in a fair and efficient manner by choosing the AMM model that best fits their project’s unique use case. BSX is the native token of Basilisk. It is used to propose and vote on referendums and participate in council elections affecting the future direction of the protocol.

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