A Base Contract refers to the fundamental agreement or code that underpins a specific transaction, service, or application on a blockchain. It serves as a foundational layer upon which additional functionalities or contracts can be built.

In decentralized platforms, Base Contracts often include core features such as ownership, permissions, and governance rules. They define how tokens are created, transferred, and managed within the network. Base Contracts are essential for ensuring transparency and reliability. They are usually immutable once deployed, meaning that the rules encoded within them cannot be altered.

This immutability helps to build trust among users, as everyone can verify the terms of the contract. Developers can extend Base Contracts to create more complex applications. For example, various decentralized finance (DeFi) solutions build on established Base Contracts to offer lending, trading, and other financial services while maintaining a consistent underlying framework.