FAQs
1) Must I HODL BASE in order to benefit the community?
a. No. One can buy BASE and then sell immediately. This will still generate a total of 9.6% towards the goals of the project.
2) I want to help, but I just want to give a one-time contribution. How can I do that?
a. Make a BASE purchase and just leave it in your wallet forever. Most wallets allow you to hide the token so you don’t have it cluttering up your wallet.
3) Can I pay for things with BASE?
a. Technically yes – but the other party will have to sell the BASE to the TBC in order to swap it for LUNC, and then swap for BTC, ETH, USTC, etc.
4) How can I get other people (not LUNC community) to pay the 4.8% tax in order to help our community?
a. Send them BASE instead of other currencies. That way they will have to pay the sell tax to get the currency they really want (BTC, ETH, etc).
5) Will I make money with BASE?
a. Most likely not. BASE is for contributing to the health of the LUNC ecosystem. Any BASE you sell will be at the current TBC price. Therefore, if the current price is higher than when you bought… well you draw your own conclusion. However, nobody knows where that point will be on the curve ahead of time because it all depends on community involvement. One thing is for certain - you should NOT buy BASE with money that you cannot part with. This is crypto and the risk is extremely high that you will lose a part or all of your money.
Last updated