DeFi Vaults
Designed to amass voting power for platform favor
CRV
0% APY
BAL
0% APY
AERO
0% APY
Stable Vaults
Use DAI, USDC and USDT to earn stable yield
DAI
0% APY
USDC
0% APY
USDT
0% APY
Utility Vaults
These vaults help to drive ecosystem utilities
TIME
0% APY
0
Total Users
$0.00 USD
Total Value Locked
Simplified,
yet Powerful
BasicDeFi is aimed at the very beginners of the DeFi space, providing a user-friendly interface and easy-to-understand features. While it makes things easy on the front, BasicDeFi uses powerful integrations in the background, to grow for its users.
Tokens in the Reserve are deposited into liquidity protocols to earn yield, which is then added to the daily drip pools of BasicDeFi's front contracts.
Steady Growth,
Daily Distribution
BasicDeFi's operational capacity is fueled by the 10% fees on deposit & withdrawal transactions - these fees are deployed into known-good projects and protocols on Base, to gain value for distribution.
When the platform sufficiently earns value with this capital derived from fees, it will be able to sustain itself with perpetual rewards, allowing for the potential of growth without the need for new deposits or withdrawals.
Built Smart.
Built Safe.
BasicDeFi is built and maintained by the same minds behind Function Island - so you know what to expect when it comes to updates, security and moving with the trends of the DeFi space.
BasicDeFi is built to be as decentralized as possible - all forms of governance mechanisms have been designed to be controllable by the public, at their own will and leisure.
