CLOUDBASE NEWS
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
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
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:
- Participation in all IDOs (Initial Dex Offerings) on CloudBase.
- 2. Guaranteed slot for all CloudBase NFT Collection releases.
- 3. Receive 200 $DRAGON per day.
- 4. Represent CloudBase at conferences.
- 5. Receive all NFTs from the CloudBase Collections.
- 6. Please note that the translations for “Cloud Supporter” and “$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.
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~ cloudians ~
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