CLOUDBASE NEWS

CLOUDBASE FINANCE ALL IN ONE PLATFORM ON BASE

0xDas
10 min readJun 30, 2023

Cloudbase Finance is a decentralized trading protocol that aims to create an open and secure marketplace for traders, liquidity providers, and developers. They utilize the security, scalability, and decentralization of the BASE blockchain to achieve this goal. The protocol offers features such as decentralized swaps and liquidity pools.

They have recently launched their testnet and are preparing for the launch of the first multi-functional DEX on the BuildOnBase platform. The testnet version is now available for everyone to join. Cloudbase Finance also offers a staking pool for their BaseNS Cloud and Rising Dragon.

To trade on Cloudbase Finance, users can access their swap feature, allowing for instant token swaps. The platform also offers liquidity swaps and plans to introduce cross-chain capabilities. Additionally, Cloudbase Finance has NFT collections like OG CloudBase, Rising Dragon, and Base Name Services. Users can also earn through farming and participating in pools offered by Cloudbase Finance.

STATUS : Testnet (Live)

NETWORK : Base Goerli

NATIVE TOKEN : Cloud

Table of Content

☁️ Features

☁️ Testnet

☁️ Partnership

☁️ NFTs

☁️ Events

FEATURES

AVAILABLE PRODUCTS :

☁️ Swap

☁️ Bridge

☁️ Liquidity Pool

☁️ Stake LP Token

☁️ Stake Token

☁️ Stake NFT

☁️ Cross chain swap

~

AVAILABLE SOON

⛅️ Perpetual

⛅️ LaunchPad

⛅️ NFT MarketPlace

⛅️ AMM NFT

SWAP

Currently, CloudBase has listed 10 tokens in their platform.

ETH | USDT | USDC | CLOUD | PUNKBASE | TBLX | BEG | DOODOO | WETH | NOUN

The speed to do swap quite impressive and almost no errors found. Considering on their current development phase, TESTNET, pretty sure the team behind the platform do their job perfectly.

Slippage Setting also available. You can choose presets or custom slippage. Moreover, minimum receive, price impact, LP Fee, and router information also available

BRIDGE

Bridging network required to transfer your assets from ETH Network to Base Network.

User interface quite easy to understand, speed also excelent

LIQUIDITY POOL

By adding liquidity you’ll earn 0.17% of all trades on proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.

Once adding liquidity into the pool you will receive Liquidity Pool Token (LP Token) for the pair you add.

STAKE LP TOKEN

Another opportunity to earn passive income by staking your LP Token.

My favorite feature is ROI Calculator. With this feature you can calculate how much you will earn or you can set target how much you want to earn. It will calculate fund needed to achieve the target.

You can filter LP Token by LP Token you’ve staked, by on going or finished program.

You can also change the view by gallery mode or list mode.

STAKE TOKEN

Cloudbase provide us a feature to generate money by stake our token, current available token to be staked is $CLOUD, native token of #CloudBase Finance

ROI Calculator also available by clicking calculator symbol.

STAKE NFT

Staking NFT also possible, and you will. earn $DRAGON Token. With this feature certainly you make money now because it runs on Optimism Mainnet.

$Dragon Token will be converted into $CLOUD when CloudBase Finance migrate to Mainnet. Canvertion ratio still not published yet.

NFT available to stake :

☁️ CloudBase Rising Dragon (500 $Dragon daily)

☁️ CloudBase x Base Name Services (200 $Dragon daily)

There is no limitation on numbers of NFTs can be staked. (Opportunity)

Will discuss more detail on other section

SWAP CROSS CHAIN

CloudBase Finance collaborate with Axelar and Squid providing Swap Cross Chain.

Through this integration, we have enabled cross-chain DEX liquidity with optimized features including:

⛅️ Swap hundreds of native tokens (not bridged)

⛅️ Top up with gas on any chain

⛅️ Get it done in 30 seconds or less

TESTNET

CloudBase Finance Testnet is LIVE now. You can try on their feature and feel your own experience

🌤️. Get ETH Goerli and bridge to Base Goerli

🌤️. Connect your wallet to CloudBase.Finance under Base Goerli Network

🌤️. Swap ETH — CLOUD ; ETH — USDT ; ETH — USDC

🍃🍃 Swap 1500 CLOUD

🍃🍃 Swap 10 USDT

🍃🍃 Swap 100 USDC

🌤️. Add Liquidity Pool

🍃🍃 Choose pair ETH — CLOUD

🍃🍃 Put 250 $CLOUD

🍃🍃 ENABLE and CONFIRM

🍃🍃 You received LP Token

🌤️. Stake LP Token

🍃🍃 Go to EARN — FARMS

🍃🍃 Click ETH — CLOUD LP

🍃🍃 Click ENABLE — STAKE

🍃🍃 Stake 75% of your LP TOKEN

🌤️. HARVEST & UNSTAKE LP

🍃🍃 Go to EARN — FARMS

🍃🍃 Click ETH — CLOUD LP

🍃🍃 Click HARVEST and SIGN

🍃🍃 Click UNSTAKE ( Minus Sign)

🍃🍃 UnStake 75% of your LP TOKEN

🍃🍃 Keep 25% on Pools and you will received CLOUD in return

🌤️. REMOVE LIQUIDITY

🍃🍃 Go to TRADE — LIQUIDITY

🍃🍃 If you cannot see your Pool , click FIND OTHER LP TOKENS ; Choose ETH — CLOUD

🍃🍃 Remove for 100%

🌤️. STAKE TOKEN

🍃🍃 Go to EARN — POOLS

🍃🍃 Choose ETH — CLOUD

🍃🍃 Stake for 250 CLOUD

🍃🍃 CONFIRM & SIGN

⛅️. HARVEST & REMOVE STAKE TOKEN

🍃🍃 Go to EARNS — POOLS

🍃🍃 Click HARVEST to receive your rewards

🍃🍃 Click UNSTAKE ( or MINUS SIGN)

🍃🍃 UNSTAKE for 75%

🌤️. STAKE NFT

🍃🍃 Go to EARN — DRAGON POOL

🍃🍃 Change network to Optimism (Mainnet)

🍃🍃 Click APPROVE and STAKE

PRO TIPS :

🌤️. After you complete the cycle you can invest to LP and Staking Token ; you will receive $CLOUD as a reward

🌤️. Hold 1,000 $CLOUD in your wallet

🌤️. Swap other available token

⛅️. Send Feedback at CloudBase Discord Channel (important)

PARTNERSHIP

In terms of partnerships, Cloudbase Finance has announced collaborations with several entities. For example, they have partnered with Axelar Core to deliver secure cross-chain communication for Web3, enabling easy asset conversion across different blockchains. They have also formed a strategic partnership with Innovaz, a platform for NFT mass adoption, with upcoming special gifts for the Cloudbase and Innovaz communities

List of Partnership at the time this articles published :

CROSS CHAIN

AXELAR SQUID

CloudBase Finance collaborate with Axelar and Squid providing Swap Cross Chain.

Through this integration, we have enabled cross-chain DEX liquidity with optimized features including:

⛅️ Swap hundreds of native tokens (not bridged)

⛅️ Top up with gas on any chain

⛅️ Get it done in 30 seconds or less

DNS

BASE NAME SERVICE

Base Name Service is a Domain Name Provider that setting new trends in #Web3 identity ownership powered by Star Protocol

Website : basens.domains

Twitter : @basensdomains

To celebrate partnership CloudBase launch BaseNS Cloud NFT

SBT

MASA

Masa Finance provides a simple user experience through which people can link, manage, and track traditional and cryptocurrency accounts to create a non-fungible credit report, allowing access to credit through fully on-chain services.

Website : masa.finance

Twitter : @Getmasafi

Get your Cloud Bound Token

NFT

INNOVAZ

Innovaz One-stop Platform for NFT mass adoption. You can create your own NFT Marketplace in just 5 mnts

A special gift for the CloudBase and Innovaz communities is on its way. Stay tuned for the latest updates.

Website : innovaz.io

Twitter : @Innovaz_io

NFTFEED

NFT Liquidity Provider

Website : NFTFedd.Guru

Twitter : @NFTFeedOfficial

BASENOUNS

Website : -

Twitter : @BasedNouns

BULL ON BASE

Website : Bullsonbase

Twitter : BullsOnBase

PUNK BASE

Website : Babypunkbase.com

Twitter : @Punkbase_

BASE NEWS

BASE DAILY

Twitter : @BaseDailyMM

BASE ADVOCATES

Twitter : @basedavocates.

BASE UNIVERSE

Twitter : @universeonbase

BASE INSIDER

Twitter : @baseinsider_TIG

NFTs

OGs Cloud

OGs Cloud were dedicated to early supporter of CloudBase Finance. The event has ended.

Supply : 50

Price : Free Whitelisted

RISING DRAGON

The 2nd collection of CloudBase NFTs Collection on Optimism Mainnet. By holding Rising Dragon NFT you are granted for Dragon Air Role on CloudBase Discord

And the interesting part is it can be STAKED with unlimited amount of NFT, you also will be rewarded 500 $Dragon Token daily per NFT

https://opensea.io/collection/cloudbase-rising-dragon-nft-collection

Since Rising Dragon NFT announce can be satke, price is skyrocketing. Current floor price 0.02 ETH

When you analyze price movement, there some wallet trying to collect it silently and hold the floor price at 0.02 ETH.

BEDROCK SUPPORTER

CloudBase launch Bedrock Supporter NFT with limited of supply to shown a support to Optimism Network upgrading their system.

BaseNS CLOUD

To celebrate partnership with Base Name Service (BaseNS), CloudBase launch BaseNS Cloud NFT.

Free mint has ended and you can collect at OpenSea, current floor price 0.0048 ETH

Similar to Rising Dragon NFT, you can stake BaseNS NFT and earn 200 $Dragon Token daily per NFT. You can stake as many as you want, no limitation.

https://opensea.io/collection/base-name-service-x-cloudbase

Not Launched Yet

Guardians

Cloud Guardians NFTs — are the most special NFTs in the CloudBase ecosystem.

CloudBase plan to release only 333 NFTs for individuals with special roles to own them. Cloud Guardians NFTs will only be issued once and there will be no future minting events.

Some basic utilities of Cloud Guardians NFTs include:

Free Swapping gas fee on CloudBase

- Guarantee Allocation for IDO

- Redeem (100% of the purchased value)

There are still many other utilities that will be revealed soon

  • Time: TBA
  • - Conditions: TBA
  • - Price: TBA
  • - Mint Type: Whitelist/FCFS
  • - Network: Optimism or BASE (under the BASE mainnet conditions)

Whitelist Requirement :

⛅️ Top 50 Zealy Leaderboard (snapshot 30th June 2023)

⛅️ Hold Cloud Crew Role on Discord

EVENTS

CloudBase Ambassador Program

CloudBase is excited to announce the “Ambassador” program for the community. Through the Ambassador Program, CloudBase aims to show appreciation to community members who have made significant contributions to the project.

To apply to become an Ambassador for the project, individuals must meet the following criteria:

⛅️ Reach level 9 in order to qualify for the “Cloud Supporter” role.

⛅️ Cloud Supporters must actively participate in writing articles and supporting the #CloudBase community to achieve the Cloud Crew role.

⛅️ Cloud Crew members will be eligible to directly participate in the Ambassador program through weekly tasks.

Once selected as an Ambassador, individuals will need to maintain their weekly tasks to receive rewards from the project.

Benefits for Ambassadors include:

  1. Participation in all IDOs (Initial Dex Offerings) on CloudBase.
  2. 2. Guaranteed slot for all CloudBase NFT Collection releases.
  3. 3. Receive 200 $DRAGON per day.
  4. 4. Represent CloudBase at conferences.
  5. 5. Receive all NFTs from the CloudBase Collections.
  6. 6. Please note that the translations for “Cloud Supporter” and “$DRAGON” may vary depending on the context or specific terms used in the CloudBase project.

ADDITIONAL

CloudBase owns the 48th NFT of Nounish in the 100 Nounish Things collection.

100 Nounish Things is the latest video produced by Nounish ⌐◨-◨ as part of proposal 143 and will hopefully be the first of many available as NFTs.

OFFICIAL LINK

WEBSITE | TWITTER | DISCORD | GUILD | ZEALY

Thank you for your valuable time, i’m so grateful if you’ve found this article useful, please give me a clap and subscribe for the next update

Find me also here 🔻 :

MIRROR | MEDIUM

If you are new to Airdrop Hunt , please refer to article below 🔻

~ cloudians ~

0xcallmedas

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