Hot DeFi News

Refund Base, to collect your Ethereum gas fees

17 juin 2024
MDN

Refund Base

Refund Base, to collect your Ethereum gas fees. Find out more about the features and benefits of this ecosystem, as well as direct access to their website.

Refund Base allows you to recover your ETH spent on gas costs, find out in which cases?

Refund Base – Introduction

Here is a decentralized platform that incentivizes users to participate in the Base chain, a Layer 2 solution developed by Coinbase. It offers $RFND tokens to users based on the Ethereum gas fees they incur. By promoting the Base chain, Refund Base aims to enhance the overall efficiency and cost-effectiveness of blockchain transactions.

How It Works:

  1. Trade on Ethereum: Users engage in transactions on the Ethereum mainnet, paying gas fees for each interaction with tokens or smart contracts.
  2. Connect to Base: Users can link their activities to the Base chain, a Layer 2 network with lower transaction fees, making them eligible for $RFND token rewards.
  3. Claim $RFND Tokens: Through the Refund DApp, users can calculate their eligible refunds and claim their $RFND tokens without incurring additional gas fees. This process encourages the migration to and adoption of the Base chain.

Tokenomics:

  • Ticker: $RFND
  • Blockchain: Base Chain
  • Tax: 0% on buying and selling
  • Maximum Supply: 1,000,000,000,000 $RFND
  • Contract Address: 0x26FB8F2F3b26C750ee34005C1930dEb232940CFe
  • Locked Supply: The token supply is locked for one year, ensuring stability and trust.

Community Engagement:

Refund Base fosters a vibrant community where users can connect, share insights, and participate in events. Staying active within the community allows users to stay informed about updates, new features, and exclusive opportunities.

Benefits:

  • Cost Efficiency: By using the Base chain, users can significantly reduce transaction costs.
  • Incentives: $RFND tokens serve as a reward system, motivating users to continue using and promoting the Base chain.
  • Innovation: Encourages the use of innovative Layer 2 solutions, driving broader blockchain adoption.

Refund Base – Example of Use:

Scenario: Alice, an Ethereum User

  1. Trading on Ethereum: Alice frequently trades ERC-20 tokens and interacts with various DeFi protocols on the Ethereum mainnet, incurring significant gas fees.
  2. Connecting to Base: Alice learns about Refund Base and decides to link her Ethereum address to the Base chain.
  3. Earning $RFND Tokens: After connecting, Alice visits the Refund DApp, where she can calculate the total gas fees she has paid. Based on these fees, she is eligible for an airdrop of $RFND tokens.
  4. Claiming Rewards: Alice claims her $RFND tokens through the DApp without incurring additional gas fees. She now holds $RFND tokens as a reward for her previous gas expenditures.
  5. Benefits:
    • Cost Efficiency: Alice saves on future transaction fees by using the Base chain.
    • Incentives: She is motivated to continue using Base, benefiting from lower fees and additional rewards.

 

Direct access to the official website

Please follow and like us:
Tweet
Post Views: 913