Any pointers for the bass in this song?

[AnyAdviceAppreciated]

Firstly no I don't want to just copy someone else's sound, there's a lot going on in there that I don't understand but would probably come in handy with some of my sounds I've created so far.

Anyway here's the sound. http://youtu.be/EgnD9IDn7yc?t=55s

it's not so much the core sound which I'm interested in which I guessed is probably a Reese bass (could be wrong of course) but rather the many effects being applied to the sound to give it so much wacky movement. I guessed a lot of the vowels are actually coming from a Vocoder rather than EQ Modulation in this case but again, I might be wrong. But outside of that, what else is going on in this bass?

[Augment]

tbh this is the type of bass seamless has like 50 vids on