Basis Markets Prospectus v1.0 - Used as marketing materials prior to raising capital through the offering of a cryptocurrency token for sale to the general public through an IDO (initial discord offering).

1. DAO PROPOSAL #1:
Unlocking growth with the BASIS token
1

2. DAO PROPOSAL #1: Unlocking growth with the BASIS token
1. The story so far…
2. We have a bigger opportunity
3. Scaling basis.markets
4. Our philosophy
5. Principles we have worked to
6. Current growth limitations
7. Benefits of launching the BASIS
token
8. Potential growth scenarios
9. Projected returns and APR
10. Required growth investments
11. Designing a simple, balanced
tokenomic model
12. NFTs & tokens working side-by-side
13. Why BASIS could be very attractive
to new buyers
14. Mechanics of BASIS token
distribution
15. Staking emissions schedule
16. The vote…
17. Proposed timeline
18. Next steps
2
- Indicative proposal, not financial advice, do your own research, check the crypto limitations of the country you live in -

3. The story so far…
Building the idea:
✓ Core team identified and recruited
✓ Dev team built
✓ Developing and testing trading strategies
✓ Initial roadmap & product developed
Sell-out Ownership NFT launch to seed investors:
✓ Unique wallet addresses: 892
✓ Average number of NFTs per wallet: 5.6
✓ Number of wallets with 1 NFT: 453
✓ Number of wallets with 1-20 NFT’s: 831
✓ Volume traded on SolSea/Magic Eden: 12,900 SOL
NFT demand was immense:
✓ Who missed out: 4,511, average request size 7 NFTs
✓ Refunded due to outpacing server: $780,000* in 1 min
✓ Requests per second during main sale: 922**
What’s next?
✓ DAO proposal 1  we are here
✓ BASIS token launch (TBC)
✓ Scaling growth plans for 2022+
3
*Solana could not update fast enough to enable us to cut off the limiters.
**Fragmented data due to servers struggling to keep up with demand
We’ve come a long way in a short time, and have big plans...

4. The story so far…
4
The design of our Ownership NFT launch ensured we have already have a well-distributed ownership model.

5. We have a bigger opportunity to go after
The market for crypto protocols and hedge funds is flourishing, with an influx of capital. Our projections are
modest in scale compared to a range of competitors from the crypto / traditional finance space.
5
Case study 1 Case study 2 Case study 2
basis.markets
Market
capitalisation
Assets under
mgmt (TVL)
Typical fees
Average APR
Investor type
Strategy type
Up to $3bn+
0% mgmt +
16% perf
50% - 200%+
(backtested returns)
Open to all
(no minimum investment)
Delta Neutral
TBC
Regulatory
burden
Low
Curve finance
$21bn
Limited
1-10%
Stake/Pool
$2.3bn
Low
Crypto hedge fund
Various
2.3% mgmt +
22.5% perf
-30% to 100%+
HNWI
(average $1.1m investment)
Directional
Various
High
Open to all
(no minimum investment)

6. 6
• When we initially envisaged the
basis.markets platform and
Liquidity Pool, we used a
conservative estimate of
$100m total value locked (TVL)
• The sale and subsequent
interest has been
overwhelming to say the least
• The reality is, we can achieve a
TVL of $1b+ by December 2022
& $2.8b+ TVL by December
2023. (This is still just 11.3% of
Curve.fi TVL (24.6b))
Consideration $10m TVL $100m TVL $1bn+ TVL
Available
liquidity
• Plenty of liquidity available
• One exchange is enough
• Multiple exchanges
• Manageable
• Challenging!
• Multiple exchanges
• Time slicing needed
Execution Fees
• Very low
• Can execute passively with minimal
fees paid
• Low
• Manageable
• High
• Crossing the spread will be required
• Execution must be on point!
Market Impact • Non-existent • Low / medium
• High
• Careful about liquidity shocks –
appropriate time/sizing is needed.
Information
Leakage
• None • Small • Can be problematic
Risk Management • Monitoring
• Monitoring
• Circuit breakers
• Operational risks become costly!
• Monitoring
• Circuit breakers
• Hedging
Monitoring
• Manual
• Excel
• Trader coverage
• Central Dashboard
• Trader coverage
• OMS
• Central dashboard
• Systematic alerts / kill switches
Alpha Universe • 1-2 coins is enough • Several coins
• A significant proportion of the
market
Execution • Manual Execution • Execution robots
• Automated
• Across multiple venues
• Dynamic Execution Strategies
Scaling basis.markets to take advantage
The scale of the demand and we can take advantage of this opportunity by scaling fast and capturing this demand.

7. Our philosophy…
7
We have a pledge to our NFT Holders, to disperse the fees earned from the basis.markets pool evenly
among the NFT Owners. This means we will be proposing, a completely new tokenomics model.
A model that naturally keeps a floor on our token price because instead of paying rewards in self-
printed tokens, we will be offering a true USD value of the fees we earn from the pool. This is unique,
we have a real business, and this is how we get the profits of that business directly to you.
For example: If we earn $5m in fees for a week, will be passing this all onto our staking owners using our bmNOW token
which we will provide a DeX bid for. This will finally end the endless cycle of declining token rewards and burning tokens to
prop up prices. The BASIS token will be the utility enabler through staking, but fees from the basis.markets pool will be paid
via a separate stable token (bmNOW).
basis.markets has finally separated the token ownership from the yield. This creates the liquidity
needed for owners to adjust inventory (something a NFT cannot do. We are too big for the NFT
market), but also protects the reward value due each week.

8. Principles we have worked to when designing the proposal
Launching a token should benefit current NFT holders, provide the opportunity for new community members to
join the community and benefit from, and further basis.markets’ principles of decentralisation:
8
Basis Trade Access and DAO governance will be limited to current NFT holders
NFT holders should be airdropped the majority allocation of tokens
We should use this opportunity to provide additional benefits (flexibility, separation of utility,
liquid market, fee discounts, etc.)
We should welcome new BASIS token holders and enable them to participate and share
rewards from basis.markets
Raise additional funding to unlock the potential to scale TVL capacity from $100m to $2b TVL
Continue towards a fully decentralized DAO model, with further dilution of the core team

9. Current growth limitations
We have the opportunity to expand quickly, but will need some investment and change in our approach
9
• Unprecedented demand for this
operating model
• Moving from $100m TVL to $2b+
TVL requires change
• Industrializing the processes to
operate is critical for rapid growth
• Team needs to expand to meet the
challenge
• The infrastructure and architecture
needs significant investment to meet
the demand of being $2b+ TVL

10. A token launch will allow greater growth for basis.markets, as well as a host of benefits for NFT holders
Benefits of launching the BASIS token
Current NFT holders New token buyers
10
Bring forward returns
Increased returns
Can stake immediately
Through unlocking potential
for higher TVL
Liquidity
Enabling value
release
Discount
Discounted fees on liquidity
pool deposits
Divisibility
Community rewards
Separation of utility
Benefit from rewards from
community token allocation
Enabling refined
holdings
More granularity of holdings,
yield, governance, access
Participation Wider market
Liquidity
Enabling
value release
Divisibility
Community rewards Benefit from rewards from
community token allocation
Enabling refined
holdings
Faster growth
Through select partnerships
with experts
Greater reach
By expanding the
community
Increased size limit
Greater resilience
With funds for more robust infrastructure,
audits, and legal advice as required
Allow us to attract and onboard the expertise
required to manage a larger-scale TVL pool
Decentralise further
Increased Access
Core team diluted further
People can buy smaller amounts

11. 11
UTILITY
LIQUIDITY
REWARDS
• Enable value release
• Divisibility of holdings
• Bring forward returns
• Higher returns (TVL)
• Community rewards
• Discounted fees
• Stakeholder freedom/access
Benefits of a BASIS token: Current NFT Holders

12. 12
UTILITY
LIQUIDITY
REWARDS
• Stakeholder access
• Bring forward returns
• Higher returns (TVL)
• Discounted fees
• Speculation
PARTICIPATION
Benefits of a BASIS token: New token buyers

13. 13
EXPANSION
PARTICIPATION
DECENTRALISATION
• More decentralized - access
to the ‘masses’
• Further dilute the team
• Community Expansion
• Attract Expert Advisors
GROWTH
RESILIENCE
• Partnerships
• Awareness
• On-board talent
• Robust infrastructure
• Auditing
• Enable Legal Advice
Benefits of a BASIS token: basis.markets as a decentralized organisation

14. Potential basis.markets growth scenarios
Uncapping the full potential of the Decentralised Basis Liquidity Pool by unlocking a higher TVL
14
Scenario 1 Scenario 2 Scenario 3
Base case Unlocked pool (low) Unlocked pool (high)
Max TVL
Min APR
Token**
price @20 P/E
APR on
initial NFT
< $300m $2bn $3bn +
50% 24% 18%
N/A $1.57 $2.35
1,440% 4,700% 7,050% +
APR from BASIS
launch price*
N/A 490% 732%
* Projections on this and other slides are indicative
** Assuming token launch at $0.2 per token at conservative $80m market cap (current floor at 83 is $82m mcap), and month 1 circulating supply
BASIS token
launched T R R

15. • Analysis is based on conservative APR estimates*
• Further scaling possible to continue APR growth
Potential basis.markets growth scenarios
With the right investment up front, we can increase our assets under management (TVL) and generate significantly
higher fees to share with token holders
Up to 10x increase in TVL Up to 4.9x increase in fees
15
*Fees for “unlocked” scenarios are based on 18% APR, which is conservative
based on back-tested strategy APRs of 100%+
0
500,000,000
1,000,000,000
1,500,000,000
2,000,000,000
2,500,000,000
3,000,000,000
3,500,000,000
TVL: Base case TVL: Unlocked pool (low) TVL: Unlocked pool (high)
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
140,000,000
Fees: Base case Fees: Unlocked pool (low) Fees: Unlocked pool (high)
• Proposed team can manage a TVL of $3bn+
• Robust infrastructure means unlimited cap on TVL
3
2
1
3
2
1

16. Potential returns for 1 NFT holder
1 NFT = 100,000 BASIS (Excludes any incentive program gains)
16
* Given the NFT floor price, we will no longer model this at 8 SOL as those gains have already been realised by NFT holders. The NFT was sold at a low value to encourage early supporters of
the project and build a likeminded community, not a price point based on a trading pool with a TVL of the size we are now proposing.
0%
200%
400%
600%
800%
1000%
1200%
Trading fees per NFT Staking rewards per NFT Total rewards per NFT
Potential returns in USD: 3 years Potential returns in APR: 3 years
• We have rebased everyone who bought at 8 SOL* to the 98
SOL equivalent token sale market cap.
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
Trading fees per NFT Staking rewards per NFT Total rewards per NFT
• The sale gives holders yield from Jan 2022, not July 2022

17. Potential Cumulative returns for 1 NFT holder
17
With BASIS token: $140k returns after 2 years Base case NFT only: $60k returns after 2 years
• We have given NFT holders the ability to earn from Jan
2022 not July 2022.
• The gains from the additional rewarded tokens count
towards the fee %, so staking and not selling is key.
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
Month
1
Month
2
Month
3
Month
4
Month
5
Month
6
Month
7
Month
8
Month
9
Month
10
Month
11
Month
12
Month
13
Month
14
Month
15
Month
16
Month
17
Month
18
Month
19
Month
20
Month
21
Month
22
Month
23
Month
24
Trading fees per NFT Staking rewards per NFT Total rewards per NFT
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
Month
1
Month
2
Month
3
Month
4
Month
5
Month
6
Month
7
Month
8
Month
9
Month
10
Month
11
Month
12
Month
13
Month
14
Month
15
Month
16
Month
17
Month
18
Month
19
Month
20
Month
21
Month
22
Month
23
Month
24
Cum trading fees Total trading fees

18. Potential returns for 1 NFT holder – Showing the difference
18
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Unlocked (low) Base case
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Difference
• New buyers are incentivized by higher initial rewards
• This is due to no unlock schedule on tokens
• NFT holders get attractive returns
• NFT holders benefit from increased liquidity of a DeX/CeX
Month 6
Month 12
Month 18
Month 24

19. Required growth investments
19
# Area Priority Required for
1 Launch BASIS token Immediate
• Decoupling the NFT and BASIS token in order to deliver benefits to NFT
holders and grow our reach, as well as other benefits
• Raising funds to unlock scale through the growth investments required
2 Team & operating model High
• Expanding the basis.markets team from the core founding team in order
to bring on the manpower and expertise that will be required
• Attracting & securing and top-tier team is an immediate priority on the
path to scaling up
• Setting up recruitment pipeline for further growth
3
Trading system
architecture
High
• Setting up the robust, secure, and efficient frameworks in place in order
to required to launch and grow the Liquidity Pool
• Enabling accurate and timely execution of strategies
4 Decentralised exchange listings High
• Providing a venue for NFT holders to trade and exchange airdropped
tokens, with higher liquidity
• To enable future staking to allow expedited rewards for NFT holders
ahead of the LP launch
5 Partnerships with exchanges Medium • Allowing us to launch on CEX trading platforms
6 Proactive regulatory discussions Medium
• Ensuring we are able to keep ahead of regulations and ensure we are
managing our requirements proactively

20. Priority growth investment 1: Team & operating model
Growing and maintaining a $100m+ Liquidity Pool will require a team of experts across all aspects of finance and
crypto. We will plan to supplement our core team with specialists in their fields.
20
Core team
Recruitment
• Funds raised through the BASIS launch will help scale the team with the skills we need to unlock growth
• We will be recruiting across all pillars, plus additional support from subject matter experts as required
• Our recruitment page is due to go live in January 2022, although we have started discussion with certain
select individuals for high profile roles with high demand for top-tier skills
Product
• Design products and
enhancements,
including in response
to DAO voting
• Oversee
development and
other aspects of
product
Community
• Build and maintain
community including
• Run support channels
and support
customer issue
resolution
Development
• Develop systems and
tooling as part of the
core product
• Build and maintain
blockchain processes
• Code additional
features as required
• Work with Product
team to define &
build new
functionality
Unlocked with BASIS
token launch
Fund & partner
management
• Raise capital and
engage with high net
work investors
• Manage and maintain
relationships with
institutions and large
Liquidity Pool
investors
Potential future
expansion
Subject matter expert
input
• Exchange listing
support
• Legal advice
• Regulatory
compliance
Trading
• Build & test trade
strategies
• Develop trade system
architecture
• Manage trade
execution inc.
automation
• Build directional /
DeFi strategies for
future Liquidity Pools
DAO governance

21. Priority growth investment 2: Trading system architecture
Managing a 10-figure Liquidity Pool will require a robust trading system enabling accurate and timely execution of
strategies. We are in discussions with industry-leading traders at major investment houses in the space who are
ready to join us and build.
21
Signal Engine
Risk Engine -
Structuring of
the Trade
trading
model
Algo
Engine
TCA
CEX DEX
Dashboard
Stat
Engine
Research
Alpha Models
Circuit
Breaker
Kill Switch
Data
Capture
• Trades
• LOBs
• Funding
• Open Interest
Trade
Capture
Live Alerts
• How much?
• Where?
• Schedule?
Trader
OMS
• Live positions
• Live orders
• Signal overview
• Expected impact
• Volume and liquidity curves
• Trade scheduling
• Historical trade
database
• Model training
Back-testing, simulation, scenarios
A/B Testing
parameters
batch scripts
Analytics
Market
Data
Tick
Database
Feed
Handler
Back
tester
Gateway

22. Designing a simple, balanced tokenomic model
Our tokenomics and vesting schedule have been designed to promote the decentralisation of basis.markets’
ownership model, whilst providing attractive rewards to existing NFT holders and new token holders
22
NFT holders
50%
Staking rewards
24%
DAO contributors
1%
Token sale
25%
NFT holders Staking rewards DAO contributors Token sale
-
200,000,000
400,000,000
600,000,000
800,000,000
1,000,000,000
1,200,000,000
Month
1
Month
3
Month
5
Month
7
Month
9
Month
11
Month
13
Month
15
Month
17
Month
19
Month
21
Month
23
Month
25
Month
27
Month
29
Month
31
Month
33
Month
35
NFT holders Staking rewards DAO contributors Token sale
Token allocation Vesting schedule
• Dilution in line with expectations (with NFT holders effectively
acting as a decentralized VC fund)
• NFT holders experience 25% dilution on launch
• The core team will be diluted by 50%, from 20%->10%, promoting
increasingly decentralized ownership
• Vesting is designed to bring forward rewards to early stakers
• Staking rewards will decrease over time as the protocol and
market cap grows
• From month 6, Liquidity Pool trading fees will accrue to token
holders
* Additional team dilution due to due to token lock-up and no access to staking
75% of tokens
available for NFT
holders

23. NFTs and tokens will work seamlessly side-by-side
BASIS tokens will be airdropped to NFT holders and available in the limited token sale. New tokenomics
will add flexibility and additional benefits, as well as decoupling Access, Governance, and Fee rewards.
• Airdrop of BASIS tokens in line with NFT share
• Ownership of basis.markets DAO & governance
• Access to Basis Trade Engine
• Trading fee reward multiplier (NEW)
• Discount on LP trading fees (NEW)
23
• Allocation of trading fee rewards from future
Liquidity Pool(s)
• Ability to trade and speculate on the future
value of trading fee rewards
• Early access to high reward staking program
• Tiered discount on LP trading fees
The 5,000 basis.markets Ownership NFTS are the core
of our innovative ownership model.
Holding an NFT will remain the only way to access the
Basis Trade Engine, DAO voting, and additional
member benefits.
Staked BASIS tokens will be used to allocate trading
fee rewards from the Liquidity Pool.
NFT holders will be airdropped their share of
tokens, and new tokens will be available in the sale
Rewards will be paid in bmNOW tokens as before.
Staked BASIS tokens will receive bmNOW tokens
for their share of the fees collected from the
liquidity pool. These can be sold for a USD
Equivalent on any DeX at any time.
• Decoupled fees from token
• A 100% asset backed stable coin to access yield
• The underpinning token to future fees generation

24. Why people will rush to buy the BASIS token on launch
Whilst the BASIS token, doesn’t benefit from the same NFT benefits (access to the platform, voting rights, discounts on the
basis.markets pool fees). The BASIS token has the rights to pulldown, the bmNOW fee token and patriciate in the staking rewards
program.
24
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
Trading fees per NFT Staking rewards per NFT Total rewards per NFT
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
Trading fees per NFT Staking rewards per NFT Total rewards per NFT
100,000 BASIS airdropped to NFT holder 100,000 BASIS bought on Day 1
• New buyers are incentivized by higher initial rewards
• This is due to no unlock schedule on tokens
• NFT holders get attractive returns
• NFT holders benefit from increased liquidity of a DeX/CeX
100,000 BASIS bought at the IDO, will outpace growth of the NFT airdrop. This is ok as the Airdrop is at 12.25x*
*Assuming IDO generates a token price at $80m circulating mcap (minimum)

25. Absolute BASIS tokens held, if staked...
25
• After 12 months 100,000 ‘staked’ BASIS tokens bought in the sale will become 152,062, this is 25,280 more than the airdropped equivalent.
• Remember token sale buyers will be buying the 100,000 BASIS at $19,277; you bought the 100,000 at $1,880 as an NFT.
0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
Month 0 Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Liquidity rewards NFT allocation (100,000) Day 1 purchase of 100,000
Our incentive program offers a yield from January for all NFT owners, this increase in token ownership will add to the future fee
claim percentage.

26. Mechanics of BASIS - Distributing the BASIS token to the community
BASIS tokens will be distributed by a number of mechanics, according to our stated token launch principles and
supporting our mission of decentralisation.
26
Community Core team
Ownership NFT allocation
Liquidity rewards DAO contributors Seed liquidity Token sale
• Airdropped to NFT
holders
• Airdropped to core
team
• Distributed as
farming rewards to
stakers on DEXs
• Airdropped as
rewards to active
DAO members
• Provided as initial
liquidity on DEX
platforms on Day 1
• Available for
purchase in the
BASIS IDO event
240,000,000 5,000,000 5,000,000 250,000,000
400,000,000 100,000,000
BASIS token
• Distributed over
months 1-6
• Distributed over
months 12 – 24
• Cannot join the
staking program
• Can be lent on
Tulip, Francium etc
• Reducing emission
schedule to provide
lucrative early
staking rewards
• To be voted for by
the DAO
community
• Code help, charity,
partners etc.
• Will be matched in
a USDC pair at
parity based on the
final IDO price

27. The vote is simple…
Keep a bigger slice of a smaller cake… or enjoy a slightly smaller slice of a potentially much larger cake
Base case “No” Vote Unlocked pool: “YES” vote
Max TVL
APR on initial NFT
< $300m
1,440%
APR from BASIS launch N/A
Additional benefits unlocked T
Max TVL
APR on initial NFT
$2bn+
4,700%+
APR from BASIS launch 490%+
Additional benefits unlocked R
27

28. Proposed timeline
28
Date & Time (GMT) Event How to Prepare and Get Involved
7pm, 27th November 2021 DAO Proposal Pack Release • PowerPoint Presentation to be released to the BM DAO via Discord
8pm, 27th November 2021
Q&A Channel for submission of
questions
• BM Discord Channel to be opened to provide a medium for which community members can ask questions
to be included in Townhall #4
8pm, 27th November 2021 Townhall #3 - Community Proposal
• Adam & Ted will hold a YouTube livestream on the ‘tedtalksmacro’ channel – the link to watch the stream
will be shared with the community via the BM Discord server on Friday November 26, 2021
8pm, 28th November 2021 Townhall #4 – Q&A Session
• Adam & Ted will hold a YouTube livestream on the ‘tedtalksmacro’ channel – the link to watch the stream
will be shared with the community via the BM Discord server on Saturday November 27, 2021
27th-29th November 2021 DAO Vote • The DAO vote will be opened, instructions on how to vote will be provided in the BM Discord Server
30th November 2021 Public Announcement • The result of the DAO vote will be announced to the Public via the BM Twitter account
3rd December 2021
Townhall #5 – Public (How to Participate
in the Token Offering)
• Adam & Ted will hold a YouTube livestream on the ‘tedtalksmacro’ channel – the link to watch the stream
will be shared with the community via the BM Discord server on Thursday December 2, 2021
8pm 8th December 2021 IDO micro site launched
• BASIS tokens will become available for trading via a ‘Dutch Auction’ format – details of how to participate
will be covered in Townhall #58pm
8pm 13th December 2021 IDO closed • The initial offering of BASIS tokens will close
14th December 2021 BASIS token listed on DEX • BASIS token listed on decentralized exchanges
10th January 2022 BASIS token Staking goes Live • Staking of BASIS tokens live on basis.markets (BM website)
January 2022 BASIS Farming Pools Live • Staking of BASIS tokens live on Raydium and Orca DEXs
January 2022 BASIS token listed on 2x CEX’s • BASIS token listed on major centralized exchange’s

29. What do you need to do next?
29
Read the pack
Read the pack again
Follow Tedtalksmacro on YouTube & set reminder for town halls
Delist your NFT so you can vote
Participate in the vote
Ask any questions in the #DAO-questions channel in Discord
R
R
R
R
R
R

30. DAO PROPOSAL #1:
Vote Open 8pm GMT 27th November
30