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Blackhaven will launch HVN on Baseline Markets, a token market built around real, locked liquidity where the system handles price discovery and liquidity, not market makers. Baseline establishes an on-chain Baseline Value (BLV) that acts as a price floor, backed by reserves for every token. Buyers get a more protected, transparent entry from day one.

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How Baseline works for HVN

  • The BLV sets the lowest tradable price on-chain and rises with trading activity and liquidity depth
  • Liquidity is autonomous and value-retentive, with no custom deals, private spreads, or silent extraction
  • Capital-efficient, liquidation-free borrowing and leverage scales liquidity with demand, supporting deeper markets and fairer participation

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Why this matters

  • Clear downside definition at launch
  • Liquidity that cannot be pulled by third parties
  • Growth tied to real market activity rather than emissions
By combining a price floor (BLV) with capital-efficient borrowing and non-liquidatable leverage, Baseline automatically scales liquidity to support higher prices, deeper markets, and fairer participation.
📖 Baseline Market Docs →