Convert basis.markets BASIS to Giddy GIDDY

BASIS is basis.markets’ fee-sharing token. Holders are able to stake their BASIS tokens to receive a proportional share of trading fee rewards generated by the basis.markets Decentralised Basis Liquidity Pool (DBLP). BASIS tokens also give access to a high-reward liquidity mining programme, as well as, discounted future deposits into the basis.markets DBLP. basis.markets is a decentralised liquidity pool, owned by you, powered by the Basis Trade Engine. The DBLP is a fully-managed, cross-exchange, cross-collateralised, liquidity pool offering high yields on non-directional trades. Supported by an active DAO and managed by a top-tier trading team, basis.markets has the vision of delivering next-level returns, delta-neutral yield, and real-time insights.

Giddy’s mission is to democratize access to DeFi for all. DeFi in its current state is inaccessible to most people due to the complexities and risks with the current set of tools and practices. Most people, even current crypto holders, have a hard time securing their private keys, on and off-ramping fiat, and interacting with smart contracts. The Giddy token is the first step to solving this problem. With the EIP we’re developing, the Giddy token standard will allow smart contracts to communicate with compliant tokens in a way that encodes contract approval data into a meta-transaction, which removes the need for standalone, infinite contract approval, and also remediates the smart contract race condition described in SWC-114 ( Giddy is also developing a non-custodial wallet that will provide multi-identity decentralized private security, direct fiat on and off-ramps, and one-tap smart contract staking. With our technological advances and powerful software, Giddy is going to provide the first user experience easy, safe, and fast enough for everyone to use.