---
# System prepended metadata

title: MARSBASE
tags: [Projects]

---

### TRANSMISSION RECIEVED

![based1](https://hackmd.io/_uploads/B1rDTSiP6.png)

* Creative Director of BASED:
Ser, I've reviewed ur application for most innovative nft skems of 2024 -- wtf is moloch rdf?
4:20 AM

![script2](https://hackmd.io/_uploads/rJBz_siwa.png)


* Creative Director of BASED:
A Treasury of what?
4:20 AM

* Astaria: 
ETH raised from a Manifold Open Edition is deposited into a Gnosis Safe, and the collectors execute group DeFi strategies.
4:21 AM

INFOGRAPHIC

* Moonbert: 
Like selling a BONK meme to the BONK community to raise funds for a treasury that opens a 25x BONK LONG onchain, and splits the profits or everyone gets rekt?
4:21 AM

* Astaria:
Maybe, a bit less degenerate, but yea, that's the idea. Multi-Player, Tribally Aligned, Asset Management.
4:21 AM

* RiceMaxi: 
We're already running a telegram where we chase the same bags together...
Running a shared treasury would be less flexible.
4:22 AM

* Moonbert:
You mean it's possible that NFT collections don't rug their communities for 8 figures?
4:22

* AMPLICE: 
Silence Moonbert, this is what you get for not buying GHOULS.
4:22 AM

* Astaria:
The BASED GHOULS have formed an LP DAO, similar to Moloch RDF with these [PartyDAO Memberships](https://opensea.io/collection/party-memberships).
4:22 AM

* Quin: 
/tap_to_blame_quin
4:22 AM

* Crusty Adleb:
/tap_to_blame_quin
4:23 AM

* AMPLICE:
/tap_to_blame_quin
4:23 AM

* Astaria:
The GHOUL mint was free, but as a thought experiment, it may be worth while to ask, what if the mint had been 0.069 ETH, and that ETH had gone into the PartyDAO.
4:24 AM

* Quin: 
GHOULS would dump on the DAO owned LP, instead of State... and the DAO would set the price by controlling a majority of the Liquidity.
4:24 AM

* Creative Director of BASED:
So, the point is Fair Launched, DAO owned LP, that puts the community in control of its own market. How does it work?
4:24 AM

* BAAL.SOL:
Shamanic Invocation and ERC 6551.
4:25 AM

* Crusty Adleb:
Here we go again with the ERCs.
4:25 AM

* Astaria: 
Actually, we removed the shitcoin element after your criticism, Adrien. 
4:25 AM

* Crusty Adleb: 
You're so sweet.
4:25 AM

* dekan.eth:
There is an option to have a transferrable LOOT Token in the Moloch v3 Design, but, for RDF, we removed it to concentrate all value in the NFT, and its Soulbound SHARE.

    ERC 6551 means "Your NFT owns a Smart Wallet, and one Soulbound Moloch SHARE is airdropped to that wallet, representing equity and governance."
    4:24 AM
* BAAL.SOL:
Vote or Burn your Share to claim Equity.
4:24 AM

* Quin: 
Soulbound, so the SHARES transfer when the NFT is sold into a Sudo Pool?
4:24 AM

* BAAL.SOL:
*Nods.* 
4:24 AM

* Astaria: 
Hey, Owen. Can you plz deploy Sudoswap to Optimism? Sudo Batch Auctions and Pool Management would be really useful for these types of collections.
4:24 AM

* 0xmons:
You want us pretty badly huh?
4:24 AM

* Astaria: 
There is no better way to manage a bunch of NFTs in a Gnosis Safe, and if the collections don't sell out, the remaining supply belongs to the DAO.
4:25 AM

* AMPLICE: 
Sounds like this isn't even about GHOULS.
4:25 AM

* Creative Director of BASED:
Actually, it says here that the first demonstration project for Moloch RDF is for ALCHEMIX.

    Here's the Link for the Open Edition: 
    [LINK]
    4:25 AM
* Quin: 
So RDF is more of a framework. GHOULS are already pretty set up on Mainnet, but we could do another satellite project.
4:25 AM

* Creative Director of BASED:
Says here RDF is prioritizing Optimism and Base.
4:25 AM

* DEKAN:
There are a number of reasons we are focusing on Optimism, but the main reason is that it would have been lame to launch RDF on Mainnet -- It's too expensive to be fun. 
4:26 AM

* Astaria: 
We are building on top of Manifold, Gnosis Safe, Velodrome, Moloch v3, ERC 6551, and Optimism. 

    RDF innovates by connecting these projects, and communities a way to raise shared treasuries with art. 
    4:26 AM
    
* sgt_sl8termelon
So, if Quin and I released a Manifold Contract on BASE, and used the ETH raised to form a veAERO Treasury -- the GHOULS could use Moloch RDF to set that up?
4:26 AM

* Quin:
/rugged_again
4:26 AM

* Phased Ghrool:
/tap_to_build_a_bribe_battery

* Astaria: 
/tap_to_tip_your_dj

* Purp: 
/tap_to_tip_your_dj

* Mysterious Ghoul: 
There are similarities in this structure to the Moonbased project, in terms of helping communities build fair launched LP DAOs, and funding artists to make based memes. 

    I mean, the Rovers are basically being replaced by veVELO positions, and instead of dumping, we would be making an Farming Treasury, and then rage quitting to take profit.

* Quin: 
/ghoul_morning

* Quin: 
I want to want this, but how do Artists get paid, if the ETH raised goes into the treasury to fund these bribe batteries? 

* Sgt sl8rmelon: 
It reminds me of the MARS program.

* Astaria: 
The ALCHEMIX project was funded by a [grant](https://snapshot.org/#/alchemixedopinions.eth/proposal/0x0cacdb52cba302f2f8c74fdec4b3629aec17d814d5a3644e98c8aac964ec7148), which we then leveraged for [another grant](https://welovetheart.optimism.io/), which then we will leverage for [another grant](https://twitter.com/VelodromeFi/status/1739668824411304277) -- after selling an Open Edition.

* Quin: 
The Business Developooooooor.

* Sgt Sl8r: 
So this is the Utility of art -- LP Advertising, Grassroots Fundraising, and Grant Matching.

* Astaria: 
Yea. Shizzy will become basically a mascot for the Alchemix LP Cooperative, and because of the way Manifold Contracts work, Shizzy will be able to mint more NFTs, assuming the DAO wants to increase the supply.

* AMPLICE: 
Sounds like a Rug. 

* Astaria: 
It's in shizzy's best interests to create memes and custom pieces for that treasury to make the Rage Quit Value of the NFTs higher, because that value is a metric for secondary market sales as a price floor.

* RICE: 
So RFV is no longer a meme. 

* BAAL.SOL
The Rage Quit Value of each SHARE is an equal claim to the underlying equity of the Treasury.

* Crusty Adleb:
Your Docs say that NFTs are not subject to RQ, which means that a treasury that has locked VELO for 4 years won't be able to rage quit that VELO. 

* BAAL.SOL
The DAO would need to pass a vote to sell or liquidate the veVELO, and then each member could burn their SHARES, and dissolve the treasury in its entirity.

* AMPLICE: 
Rage Rug.

* Astaria: 
I'm hoping that the Alchemix Moloch Treasury is successful in its raise, and that more communities become interested -- either as clients, or to organize amongst themselves.

* Creative Director of BASED:
Well Ser, you've given us quite a bit to think about.
4:20 AM

* Astaria: 
/TYBG

![1](https://hackmd.io/_uploads/r15qF9swp.png)


# Additional: 

### MARSBASE ALPHA

#### BMAS AGENT:
Sers, we have completed an assessment on the viability of a MARSBASE pilot program.

#### Abernathy's Spectre: 
Continue. 

#### BMAS AGENT:
The [MOONBASED ROVERS](https://moon.based.money/) functioned by siphoning value flows from partner projects to mbBASED holders.

In the case of Snowswap:

* [$SNOW was deposited into a ROVER]
* [$SNOW was sold and used to buy $BASED, over the course of one year.]
* [99% of $BASED from that ROVER was distributed to $mbBASED holders as a staking reward.]

ROVERS turned $BASED into a DeFi Marketing and Art Collective // Mutual Fund.

In return, Snowswap received [NFTs](https://opensea.io/assets/ethereum/0xd07dc4262bcdbf85190c01c996b4c06a461d2430/54586) and memes from the MOONBASED community:

![image](https://hackmd.io/_uploads/Sye65NRDp.png)

#### Abernathy's Spectre:
This is Known. 

* The MOONBASE has been destroyed.
* The ROVERS have been exhausted. 
* The Project of which you speak has been outdated.
* The NFTs are onchain relics, of a time now past.

Where is your assessment? 

#### BMAS AGENT: 

The MARSBASE program focuses 
   
2) VALUE CAPTURE
3) VALUE PROVIDED

