# Launch Details

Our launch is divided into two phases:

## Phase One: <a href="#id-1ac5" id="id-1ac5"></a>

1. At 14:00 UTC on 8/11, users can claim $BASO from presale,\
   Based on community suggestions, we have made some minor adjustments. We will add liquidity for BASO/ETH at the time when the presale ends, users can begin trading $BASO at [https://www.baso.finance/swap](https://www.baso.finance/swap)
2. Listing price is 0.0000033 ETH per BASO

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*mq1fWyHBRBXlcm28RJIx1g.png" alt="" height="397" width="700"><figcaption></figcaption></figure>

2\. Simultaneously, our ETH / USDC pair will also go live

3\. Users can go to the lock page to lock their $BASO into veBASO and then go to the vote page to vote.

* 100 $BASO locked for 4 years will become 100 $veBASO
* 100 $BASO locked for 1 year will become 25 $veBASO

The fees and bribes from each pool will be proportionally distributed to the voters of the corresponding pair. Voters can claim all the fees generated in the last epoch at the beginning of the next epoch 🗳️.

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*T1aqv0NSDue2OcMF84XaCw.jpeg" alt="" height="394" width="700"><figcaption></figcaption></figure>

4\. To encourage users to actively add liquidity [https://www.baso.finance/liquidity](https://www.baso.finance/liquidity) and trade, we will hold a loyalty competition and trading contest with a total prize pool of 1000 USDC 🏆. All users who add liquidity to Baso during this period can not only receive trading fees and emissions after Farming starts but also have the chance to win additional contest rewards. We will announce the specific rules shortly 📜.

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*OhAF2SAzbPup9iGHcIxtJQ.png" alt="" height="380" width="700"><figcaption></figcaption></figure>

## Phase Two: <a href="#id-4c2a" id="id-4c2a"></a>

1. Before 00:00 UTC on August 17, users can go to the vote page to vote, keeping in mind that one veBASO can only vote once in each epoch .

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*5vMpFHwVjaSGhdIirkwycw.png" alt="" height="338" width="700"><figcaption></figcaption></figure>

2\. After 00:00 UTC on August 17, Emission will begin to be distributed. Users will then be able to see the expected APR yield for staking LP, and the protocol will officially start running automatically. The team will only have the rights to whitelist tokens and gauges to prevent protocol abuse and attacks 🔒.

3\. We will continue to on-board more partners to bring more external income to the protocol and voters 🤝.

4\. We will communicate with the community about our next iteration plans and goals, ultimately becoming the most efficient, safe, and reliable public liquidity layer on the base 🎯.
