MindPalace Launch
Prepare for a pivotal moment in the evolution of Axis - the first Baseline token to launch directly through our programmatic launchpad. As we expand the scope of unruggable liquidity on Blast, we’re proud to announce MindPalace as our latest launch partner.
Introducing MindPalace
MindPalace is creating the world's first self-generating metaverse, where users can create digital immortal copies of themselves. By leveraging cutting-edge AI technology, MindPalace enables individuals to upload their digital footprint — from social media posts to personal communications — to generate AI agents that think, behave, and interact exactly like their human counterparts.
Within Babylon, MindPalace's revolutionary metaverse, these AI agents engage in daily routines, form relationships, and even compete in weekly tournaments. The platform extends beyond simple simulation, creating a living, breathing digital world where your digital copy continues to learn, reflect, and evolve independently.
Baseline Primer
As a Baseline token, $AI incorporates innovative tokenomics designed for sustainable growth and value preservation.
Baseline Value BLV represents the guaranteed minimum price of $AI, backed by reserved liquidity in Baseline’s unique liquidity pool. MindPalace’s protocol-owned liquidity will be managed by smart contracts built on top of Thruster’s Concentrated Liquidity AMM. Trading $AI creates a rising price floor, because, with each trade, a small liquidity surplus is accrued and added to the floor.
Automated Market Making $AI will feature Baseline’s built-in market making capabilities, enabling efficient price discovery and deep liquidity from day one. The key difference between Baseline and traditional market-making strategies is that Baseline aims to maximize value for token holders. It does this by providing deep liquidity on the buy side to create a rising floor price and continuous liquidity on the sell side for constant price discovery.
Afterburner MindPalace will launch with Baseline’s leveraged buyback system - the Afterburner. Operating directly in the open market, the system randomizes execution and scales buybacks based on market conditions. This provides continuous support for the $AI post-launch through automated buybacks, creating consistent demand pressure.
See Baseline’s documentation for more details.
Launch Details
The $AI token launch will take place on October 25, 2024 at 15:00 UTC. During this period, 5M tokens will be available at a fixed-price of 0.000004 $wETH (~$0.01 per token). An additional 5M tokens will be distributed to MindPalace NFT holders using proceeds from the genesis mint.
Eligibility To qualify for the presale, participants must hold a minimum of 100 $YES prior to the launch snapshot. The launch will be first-come first-served with a 0.1 $wETH max buy-in per wallet.
Curator We are excited to have Baseline as a premier curator on Axis for new bToken launches. Their programmatic liquidity and advanced tokenomics design complement our automated launch solutions.