Base Treasury Protocol
Bitcoin, Ethereum and dollars. One token.
Minted straight from the contract at net asset value: a 0.10% fee, the same price per token whatever you spend, and redeemable back into the assets any time.
0.10% fee · same price at any size · redeem any time
Net asset value per token
...
Read live from the contract on Base
The vault never takes. It adds.
—
returned to the reserves, owned by holders
Half of that fee stays in the reserves, owned by every holder. No management fee, ever.
Backed by
Every purchase makes every token worth more.
A flat 0.10% fee applies only when you buy GBLIN. Sending and holding GBLIN is always free — perfect for everyday payments. Here is exactly where that 0.10% goes:
0.10%
Fee on every buy
0.05%
Funds development
0.05%
Into the treasury
That treasury slice buys real cbBTC, WETH and USDC straight into the vault — without minting a single new GBLIN. Same supply, more assets behind it. So the intrinsic value (NAV) of every GBLIN in circulation rises — mathematically, on every single buy. No staking, no lock-ups, no emissions. Just a treasury that only grows.
0%
Fee to transfer or hold
Zero
Pre-mint — fully collateralized
NAV ↑
For every holder, every buy
What you don't pay
Tokenized index products on Base typically charge 1.5-2% a year, deducted from your position for as long as you hold it. GBLIN charges once, at the door.
| Holding $1,000 | GBLIN | A 2%/year product |
|---|---|---|
| First year | $1 | $20 |
| After five years | $1 | $100 |
The same arithmetic at any size: our fee is a one-off 0.10% of what you put in, and nothing is deducted while you hold. Break-even against a 2% annual fee takes about 18 days.
What you actually pay
The contract sells at one price. The pools don't.
Minting issues new tokens against your deposit, so the price per token does not move with the size of your order. Swapping in a liquidity pool moves the price against you, and these pools are small. Both columns below are live, read from Base a moment ago.
| You spend | Mint from the contract | Swap in the pool | The pool costs |
|---|---|---|---|
The pool column uses the Aerodrome pool, the deeper of the two on Base, including its 0.30% fee. The mint column is quoteBuyGBLIN() read straight from the token contract. Total depth of that pool right now: —. An order much larger than that depth would not realistically fill: most DEX interfaces block a swap once the price impact gets this high. That is a limit of the pool, not of the token — the contract itself quotes the same price at every size.
The pools are still there
They work, and they are the right route for very small trades or for anyone who would rather use a DEX. At the sizes in the table they cost more, which is why this site does not send you there first.
A dedicated market-making bot performs periodic micro-transactions to maintain protocol liquidity until sufficient organic volume is established.
Vault Core
Inside the Golden Vault
Every GBLIN token is backed by a proportional share of the protocol's treasury. The vault holds a diversified mix of Ethereum (WETH), Coinbase Bitcoin (cbBTC), and USD Coin (USDC). As these underlying assets grow or the protocol collects fees, the intrinsic value of GBLIN increases.
cbBTC
WETH
USDC
Yield Mechanism
Protocol Architecture
The GBLIN protocol uses a unique mathematical appreciation model that increases the intrinsic value of every token through automated reserve distribution.
1. Fee Collection
A 0.1% fee on every mint/burn: 0.05% to the stability fund, 0.05% to the founder, without inflating token supply.
2. Reserve Growth
Stability reserves grow in WETH, acting as a permanent liquidity backstop for the entire ecosystem.
3. NAV Appreciation
The stability fee is split instantly on every buy: it tops up a small keeper reserve, and everything above that reserve flows straight into NAV — no waiting period, no manual call.
How big this is
This is a small vault. That is exactly why minting and redeeming exist.
The vault holds $0.00 today. In an ordinary token that would mean you cannot get in or out without paying for the privilege. Here your entry and exit prices come from the basket itself, not from how many other people happen to be here. Every figure on this page is read live from the contract and every one of them can be checked on BaseScan.
GBLIN beat holding BTC and ETH — over ten real years.
We didn't draw a marketing chart. We replayed GBLIN's exact on-chain Crash Shield over a decade of real Coinbase prices — every bull, both bears, COVID and FTX. Starting from $10,000:
GBLIN Crash ShieldWinner
Live config on Base
$1,546,640
Max drawdown −50.3%
Hold 100% BTC
Buy & hold Bitcoin
$1,301,533
Max drawdown −83.8%
Hold 100% ETH
Buy & hold Ethereum
$1,183,376
Max drawdown −94.0%
+$245,107
vs. holding BTC
+$363,264
vs. holding ETH
≈ ½
the max drawdown
How we proved it
We ported the live refreshWeights() logic line by line — EWMA volatility, dual decaying price peaks, an adaptive drawdown threshold, proportional de-risking into USDC, and hysteresis on recovery — then applied yesterday's weights to each day's real return (zero look-ahead). Validated four ways: buy & hold reproduces price ratios to the cent, shield-off reproduces a static 45/45/10 basket exactly, weights always sum to 1, results are deterministic.Backtest of the live shield logic on real historical prices. Past performance is not indicative of future results.
Transparency is our Infrastructure
Security & Transparency
At GBLIN, we believe security is built by addressing problems in broad daylight. Before launching our definitive version (V6), white-hat research and multiple independent security reviews identified critical vulnerabilities — including a "Silent Catch" and a Path Spoofing vector.
Unlike the crypto standard, we did not hide them. We rebuilt the engine from scratch and hardened it again for V6 — adaptive slippage, Chainlink min/max-answer bounds, and a fully parametric, hard-capped design. The GBLIN V6 infrastructure today guarantees rigorous mathematical protection for your capital.
Rigorous Delta-Balance
The contract performs precise mathematical checks to prevent any liquidity drainage attacks. Every transaction validates total assets ≥ liabilities.
Math protection
Adaptive Slippage Protection
We eliminated "silent try/catch" on critical swaps. Internal swaps use an adaptive slippage envelope (0.5%–5.5%) driven by on-chain volatility, under an immutable 20% hard cap; if a swap can't meet its minimum, the contract reverts. Funds are 100% protected.
No silent fails
Zero Pre-Mint & Open Source
No hidden allocations. The code is fully open-source and verified on BaseScan. Complete transparency from day one.
View on BaseScanBeat Our Shield — open challenge
The Crash Shield's parameters are governed by a 48h public timelock, and we've opened them to the world. Find a configuration that beats ours in the published backtest and passes the robustness check, and we schedule your parameters on the live mainnet contract, with your name credited permanently. No purchase, no fees, nothing to buy.
See the challengeAutonomous Central Bank
No owners. No human bias. The protocol recalibrates itself via decentralized arbitrageurs and MEV bots.
Algorithmic Crash Shield
A dynamic rebalancing engine that protects the treasury during market contractions, ensuring geometric survival.
An automated rebalancing bot runs every Monday at 8:00 UTC, ensuring continuous portfolio alignment with target weights.
Guaranteed Appreciation
The 0.1% buy-fee fuels the Vault (0.05% to stability fund, 0.05% to founder), mathematically increasing intrinsic value per token.
Tracked on DefiLlama
Global Balanced Liquidity Index
GBLIN is officially tracked as an autonomous Index Protocol on Base network, classified alongside industry leaders like Index Coop and Reserve. No pre-set templates—just pure on-chain transparent and verifiable infrastructure.
Protocol Snapshot
Live capital preservation in production.
When Intrinsic Value (NAV) is higher than Market Price, token is technically undervalued. Buying GBLIN now guarantees assets at a discount.
Discount / Premium
0.00%
Market vs NAV
Last Yield
--
Most recent contract cycle
Stability Fund
0 WETH
Liquidity backstop
Wallet
Not connected
Connected operator
Wallet
CONNECT WALLET
Research
Whitepaper & contract context
The protocol never prints tokens out of thin air. The Net Asset Value (NAV) of GBLIN equals total vault assets divided by circulating supply. In V6 the stability fee is allocated instantly: it first refills an adaptive keeper reserve, and any amount beyond that reserve stays in the vault and is absorbed into NAV on the same transaction — no time lock, no 7-day wait, no manual distribution.