# SMELT (SMELT)

> SMELT (BSHAREv2) is one of the ways to measure the value of the BASED Next gen Protocol and shareholder trust in the brand new pegless Minting mechanism. During every epoch the protocol mints $OBOL and distributes it proportionally to all $SMELT holders who have staked their tokens in the Boardroom (Acropolis v2).

Based Next Gen is a continuation of the popular seniorage project Based Finance. With this innovative new chapter the team is aiming to solve the algorithmic token problem by moving to a Pegless mechanism that relies on Market forces and value added mechanics and Utilities



## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 89,154.236 SMELT

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: fantom

## Resources

- [Website](https://next-gen.basedfinance.io/)
- [Coingecko](https://www.coingecko.com/en/coins/smelt)

## Links

- [View on Zerion](https://app.zerion.io/tokens/SMELT-42df6552-aec4-481a-8b2b-e99b6d58a9cc)
- [Trade on Zerion](https://app.zerion.io/tokens/SMELT-42df6552-aec4-481a-8b2b-e99b6d58a9cc)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset