# What is BaseTrove?

### The most deflationary token on Base — backed by real solar-powered mining.

***

**BaseTrove ($TROVE)** is a deflationary token on Base chain built around a self-sustaining economic engine. Unlike typical DeFi projects that rely solely on trading volume, BaseTrove is backed by **real-world solar ASIC miners** running 24/7 — generating perpetual revenue that flows directly into buybacks, burns, and the Vault.

Every token that gets burned raises the ETH floor price for every remaining $TROVE in existence. Every buyback brings more volume, more burns, and more ETH into the Vault. A flywheel that never stops spinning.

***

## At a Glance

|                    |                                            |
| ------------------ | ------------------------------------------ |
| **Token**          | $TROVE                                     |
| **Chain**          | Base (Ethereum L2)                         |
| **Total Supply**   | 1,000 TROVE                                |
| **Launch**         | 100% Fair Launch — no team tokens          |
| **DEX**            | Uniswap v2 on Base                         |
| **Vault Asset**    | ETH                                        |
| **Liquidity Pool** | TROVE/ETH (Uniswap v2)                     |
| **Swap Fee**       | 2–5% (dynamic)                             |
| **Buyback Engine** | Solar ASIC Miners (24/7)                   |
| **Burns**          | Permanent — tokens burned are gone forever |

***

## Core Loop

```
Solar Miners → Revenue
        ↓
  50% → Vault (ETH accumulates)
  50% → Buyback $TROVE from LP → Burn
        ↓
  Circulating supply decreases
  Vault ETH per token increases
  Price floor rises — forever
```

Swap fees add a second revenue stream into the Vault on top of mining:

```
Every DEX swap → 2–5% fee
        ↓
  50% → Vault
  50% → Team & Dev (reinvested into more miners)
```

The price floor for $TROVE in the Vault is calculated as:

```
Price Floor = Total ETH in Vault ÷ Circulating $TROVE Supply
```

This number can only go up.

***

> Ready to understand the full picture? Start with [The Vision](https://docs.basetrove.net/introduction/the-vision).