Baseline Aims to Revolutionize Asset Issuance and Liquidity Management

Baseline is an Ethereum-based asset issuance and automated market-making protocol designed to let ERC-20 tokens manage their own liquidity.

The protocol's core mechanism, the Baseline Market Maker, tracks circulating supply, pool inventory, and reserve assets to create a visible Baseline Value (BLV) that functions as an on-chain floor price backed by reserves.

Baseline is not a Layer 1 or Layer 2 blockchain, but rather a DeFi primitive for token issuance, liquidity management, staking, and credit.

The protocol's token, B, has a fixed total supply of 21 million tokens, with 60% allocated to circulating supply and 40% to token-owned liquidity.