What is BaseGold?
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BaseGold is a digital collectible ecosystem on Base: NFT mines and games, a fixed-supply token, and trading products such as MineSwap, built by developers and traders. BG is the fixed-supply token and in-game currency, with 10,000 units, no mint function and renounced ownership. MineSwap is a trading product whose protocol fee buys and burns BG, and The Mine burns every unit spent on plots, upgrades and War.
How is BG acquired?
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Through any Base-network venue listed above, or through MineSwap, which routes across all of them. An EVM wallet holding ETH on Base is required for settlement.
What does a gold mine cost?
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A plot is minted against 0.10 BG and held as an ERC‑721 on Base, with on-chain metadata that changes as the plot is worked. Three seasons have run and season 3 is live at Gold Mines.
What does owning a mine do?
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A mine is an ERC‑721 NFT that gives access to The Mine, the game. BG is spent inside it: shop upgrades and barracks are paid in BG and burned in full, raids and defence run between mine holders, and plots carry across seasons. BG spent in the game is burned rather than recycled, and so is the 0.10 BG it takes to open a mine.
What guarantees the supply cap?
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The contract contains no mint function and is not upgradeable. Ten thousand units were created once at deployment; the only permitted change to total supply is downward, through burns. Source code is verified and readable on BaseScan.
How fast and how costly is a BG transfer?
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BG transfers settle on Base in about one second, at a cost below one cent. An EVM wallet holding ETH on Base is required for settlement.
Who controls the protocol?
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No party can move, freeze or dilute holder balances. Parameters that remain adjustable — exchange fee ratios, burn scheduling, treasury disbursement — are decided by Golden Council vote, open to any holder of one BG or more.
What is the immutable burn hub?
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MineSwap v2. Each pool takes its 0.15% protocol share inside the swap and, on BG pairs, sends it to the burn address in the same transaction. Pools quoted in ETH or USDC forward their share to an immutable fee vault, where a self-funding Furnace converts it to BG and burns 99%. There is no owner, no upgrade path and no fee switch, so the burn cannot be turned off.
What does the launchpad do?
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A planned way to launch tokens on Base, quoted in BG. It is in development and not released; no terms, rates or dates have been set, and details may change.
What is the Divi Protocol?
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A planned optional distribution mechanism for launched tokens. It is in development and not released; no terms, rates or dates have been set, and details may change.
Is BaseGold backed by physical gold?
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No. BG is not a stablecoin, is not pegged and holds no claim on physical metal. BG trades in liquidity pairs against other crypto-assets, and its price is set by those markets alone.
What are the principal risks?
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Price volatility, market and liquidity risk, smart-contract risk, and dependence on the Base network. BG is not covered by EU investor-compensation or deposit-guarantee schemes and you could lose everything you spend. The white paper states the risk factors in full.
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