As ETH volume rises, only a matter of time before #BASE hype returns.

The first ERC-1919 token is set to launch on #BASE.

Get in early for astronomical gains

What is ERC 1919?

ERC-1919 defines tokens that are exclusively traded through smart contracts, rather than decentralized exchanges like Uniswap.

< To buy ERC1919 tokens:

send ETH to the smart contract, and you'll receive ERC1919 tokens.

< To  selling ERC1919 tokens:

transfer them to the smart contract, and you'll receive the equivalent value in ETH.

No LP or conventional supply mechanisms.

ERC-1919 tokens operate differently.

When purchased, the tokens are minted by the contract and delivered to the buyer.
Conversely, when sold, the tokens are burned, and the equivalent value in ETH is transferred to the seller.

Let’s dive into its Algorithmic Pricing

< Part 1:

An example:

Level 1: 0.01 ETH
Level 2: 0.02 ETH
Level 3: 0.03 ETH

And so on…

< Part 2:

Levels move:
- Upwards: When tokens are bought (minted).
- Downwards: When tokens are sold (redeemed).

- As levels increase, the price per token rises.
- As levels decrease, the price per token falls.

< Part 3:

Every tier maintains a set token supply. If a mint surpasses the tokens available at a level, that level advances, and surplus tokens are minted at the price of the higher tier.

The process is mirrored in selling.