$BIOS hits a 70x from #VIRTUAL Virtuals Genesis pool and now launches an insane opportunity for Kaito Yappers with Mindshare Mining ​ 3% of supply (currently worth $200k) will be distributed to the top yappers, with most of the supply being distributed to early yappers ​ Here's all you need to know 👇 ​ ✅ What's @BasisOS TLDR? ​ DeFAI project with a live product with vaults basis trading long tail assets on Hyperliquid ​ Longs Spot, Hedges perps on Hyperliquid. Backtesting showing you can earn 50% more doing this on long-tail assets e.g. PEPE or POPCAT than on ETH and BTC ​ AI Agents are handling the monitoring, rebalancing and automatically optimizing yield strategies, with the goal of being fully autonomous in the future ​ Product live and audited with BTC basis vault, more vaults coming soon ​ Built by the @logarithm_fi team ​ ✅ How to Participate? ​ Connect your Twitter profile to and Mention @BasisOS or $BIOS in your posts ​ Previously earned Yaps will work as a multiplier ✅ How are Rewards calculated? ​Reward Calculation: Yaps * AM * DF ​ 🟡Yaps: Your influence score on Twitter/X, provided by the Kaito Yaps Open Protocol. 🟡AM (Mindshare Multiplier): Rewards new authors (AAM) and consistent weekly posts (SAM). 🟡DF (Decay Factor): Reduces the weight of repeated posts within the same week (FDF) to prevent spam. ​ Overall season rewards are distributed proportionally based on the accumulated points of all participants during a weekly epoch ​ 9x Bonus for first time mention 3x Bonus for second mention 1x Bonus for two or more mention ​ You also get a 1.25x bonus for mentioning $BIOS in multiple consecutive weeks ​ ✅ Rewards Distribution ​ Rewards are being distributed with the following graph, meaning that a lot more rewards are being distributed upfront and then it tapers off Rewards are being distributed over the next 12 weeks and are subject to a 6 months lockup (so you only need to bother if you're in it for the long run) ✅ Bonus Farm ​ If you want other ways to farm $BIOS... ​ The BTC Basis Vault is live with $500k TVL and currently have 1400% APR on deposited USDC 👀 ​ NB: Rewards can be claimed in 6 months (cliff) and have a 1 year vesting NB: 0.35% Deposit and withdrawal fee ​ Vaults are audited, but there is always risks involved so only deposit what you can afford to lose As always, not financial advice 🫡 ​ Good luck farming Yaps
Thread from BasisOS on Mindshare Mining
Mindshare Mining Program to incentivize early adoption is now live. Learn how. 🧵
Full post on BasisOS
The first wave of AI Agents scratched the surface of what's possible with DeFAI... The next wave will bring fully autonomous swarms of agents bringing optimized onchain yield DeFAI is a match made in heaven for basis trading long-tail assets. Basis trading has been (and will continue to be) very profitable in crypto. Especially during bullish periods A basis trade is going long spot assets, while shorting perps to earn funding fees, and staying market neutral Funding fees are typically paid by perp longs to perp shorts during bullish price action Ethena built their entire model around basis trading ETH, consistently giving 10-20% APR to sUSDe stakers in the bull However for long-tail assets managing these positions are more risky as prices can move quickly and you might have to acticely monitor and rebalance your positions more often @BasisOS by @logarithm_fi does exactly this. BasisOS is a decentralized protocol designed to optimize yield in exotic markets through a managed basis trading strategy. Positions are constantly monitored by a swarm of AI agents and rebalanced when needed, while ensuring optimal trade execution to minimize slippage and fees The DeFAI agents could buy a spot position on any chain, and hedge it on perp dexes like Hyperliquid or GMX Backtesting the strategy on different assets during 2024 shows: BTC - 21.4% APR ETH - 18.4% APR DOGE - 27.6% APR PEPE - 30.8% APR POPCAT - 28.8% APR Clearly the more volatile long-tail assets are able to generate a higher yield of managed properly The value prop of BasisOS: - Autonomous, Data-Driven Operation - Fully Transparent On-Chain Execution - Cross-Chain Spot Management - Focus on Exotic Long-Tail Assets - Robust Risk Management - Operational Efficiency & Scalability BasisOS aspires to become the first fully autonomous DeFAI (Decentralized Finance and Artificial Intelligence) protocol, meaning that the swarm of AI agents of the protocol will consantly look for high yielding opportunities and be able to execute them autonomously. Currently all DeFAI agents are at the assistant stage (Stage 0), and its a race to develop the first Soverign DeFAI protocol. And exactly this is one of the main goals of the BasisOS roadmap, to become the first to reach Stage 3 autonomy BasisOS just launched their token $BIOS on @virtuals_io on Base through the genesis pools There was a mixup in Virtuals Genesis distributions which caused some users to be over-allocated, some to be under-allocated (getting refunded 3x Virtual amount they were underallocated by). This has now been resolved and claims are unpaused just now so expect some volatility Note: Am holding BIOS (bought off market) and have partnered with Logarithm. This is not financial advice
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