Aluminum Ring canopy anchor

Can someone define "canobase" for us dummies? I am picturing a base tie along with a cinched canopy anchor! If this is the case, why two anchors?
It's more like a base tie near the top of the canopy. The best situations for it give you multiple small redirects loaded in compression right at the beginning to get a good tie in that retrieves well and has inherent redundancy.
 

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