Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.
Fork of Liquity V2 on Base; external security audit remediation merged through May 2026, with docs still describing audits as in progress. Deployed to Base Sepolia testnet in June 2026, then production contracts deployed to Base mainnet on August 1 2026 (BoldToken 0x252d36f435582ecb01686448d21e8c9ea0b2ca65, ~2,500 BD seeded) with the production frontend live at app.basedollar.org from August 3. No public launch announcement yet, docs do not yet publish contract addresses, and supply is team-seeded dust, so Pharos holds BD at launching-soon until a public launch is communicated.
Base Dollar (BD) Pre-launch Stablecoin Tracker
BD
At a Glance
- Backing
- Crypto-Collateralized
- Governance
- Decentralized (DeFi)
- Peg Currency
- US Dollar
- Yield-Bearing
- Yes
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/subscribe launch bd-basedollarActivity Timeline
Production contracts deployed to Base mainnet
PR #160 merged with broadcast artifacts for chain 8453; BoldToken live at 0x252d36f435582ecb01686448d21e8c9ea0b2ca65 with ~2,500 BD seeded. Production frontend deployed August 3. No public launch announcement yet.
SourceDeployed to Base Sepolia testnet
Testnet deployment and subgraph merged via PR #139.
SourcePost-audit remediation ongoing — oracle staleness, TWAP/slippage, and sAMM-overflow fixes merged
GitHub activity through May 21 2026 shows continued audit-finding remediation (oracle staleness-check, TWAP/slippage handling, and sAMM overflow fixes) merged into the main branch; no mainnet deployment yet.
SourceBase Dollar announced as Liquity V2 fork on Base L2
LP-collateralized stablecoin with yield from AERO farming; revenue shared between users, POL treasury, and BD stakers.
SourceExternal security audit remediation: high and medium severity fixes merged
Merged fixes for LP token price manipulation vulnerability (H01) and timelock bypass bug (M02); fuzz tests added for Aero LP pricing.
SourceLiquity's Fork, Aerodrome's Yield
BD is a pre-launch Liquity V2 fork on Base, designed as an dollar stablecoin minted against LP token collateral and earning AERO yield. Base Dollar takes Liquity V2's battle-tested architecture and replants it on Base with a twist: instead of ETH collateral, borrowers deposit LP tokens — routing the stablecoin's security model through Aerodrome's liquidity layer and harvesting AERO farming rewards as the yield engine. Revenue splits three ways between users, a protocol-owned liquidity treasury, and BD stakers, a design that ties the protocol's survival to the depth of Base's DEX ecosystem rather than ETH price alone. The external audit surfaced a high-severity LP token price manipulation vulnerability and a medium-severity timelock bypass, both remediated with fuzz testing added — the kind of findings that are routine for a Liquity fork adapting to exotic collateral types but worth watching post-launch. The launch itself happened the way engineers launch and marketers don't: production contracts quietly deployed to Base mainnet on August 1, 2026 with a token-seeded dust supply and a production frontend two days later, while the docs still say audits are in progress and publish no contract addresses. Base Dollar is betting that LP-collateralized debt positions can offer better capital efficiency than vanilla ETH CDPs, though the trade-off is inheriting every smart contract risk in the Aerodrome stack on top of its own — and until the team actually announces the launch it has already shipped, Pharos treats BD as launching-soon rather than live.
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Related Stablecoins
Active stablecoins with similar governance, backing, or peg currency.