Jump to our Discord to discuss BIP-1: the introduction of the protocol-controlled autonomous $BSG stabilization fund.
discord.gg/XfBwghzfTq
$BSG price reporting issue has been fixed by adding $12k worth of treasury funds to the BSG-ETH pair.
The price is now showing correctly on Etherscan, Coingecko, Zapper and Uniswap.info
GoldBasis retweeted
Builder Update #4: Vol II
medium.com/build-finance/bui…
GoldBasis retweeted
Do you know Solidity, ReactJS / RiotJS?
Come work on @GoldBasis or @UpDownBuild
There is no boss. We won't tell you what to do. Implement your own ideas or get ideas from the community to work on and get paid for it.
GoldBasis retweeted
The governance migration has now been completed.
All BUILD DAO contracts (ing. Basis Gold) can now only be operated by the governance contract with on-chain voting proposals by the BUILD token holders.
Read about how the voting works here:
docs.build.finance/build-kno…
First expansion has been executed successfully etherscan.io/tx/0x7f78a457a1…
1/3 Boardroom expansion will be postponed by 2 days. The new date is Jan 23, 2021 at 4 am UTC.
The old Treasury contract was using a flipped oracle price (price0 instead of price1). This has been correct during testing.
2/3 However, due to how Uniswap sorts the tokens in a token pair, this price is flipped on the mainnet.
Effects
1) Expansions will be postponed by 2 days.
2) Bond contract will be reset. Do not any buy bonds before the fix is committed. All other balances will remain the same.
1/2 After the first successful expansion (> Jan 21 UTC), all protocol contracts will be transferred from the current 2-day timelock to a new on-chain governance contract controlled exclusively by $BUILD holders.
2/2 This will give $BUILD holders direct control over protocol upgrades by on-chain voting.
The bootstrapping period will run until Jan 21, 2021 at 4 am UTC.
After that, BSGS (share) holders will be able to stake their BSGS tokens into the boardroom to receive the first expansion of $BSG tokens.
🕐 Staking will start in less than 24 hours now.
Jan 14, 2021 at 4 am UTC
basis.gold/


