Based, Finally $BASED Token Details Revealed 1. What is $BASED? - Utility token for the Based ecosystem - For platform functionality, incentive alignment, and community participation - Fixed supply, long-term community-focused design 2. Main Uses - Discounted trading and prediction market fees - Based Visa card benefits (up to 8% cashback, etc.) - Discounted on- and off-ramp fees - Discounted payments at Based Mall - Access to Launchpad and Agent features - Participation in governance (if applicable) 3. Token Supply & Distribution - Total Supply: 1 billion (fixed) - Community: 36% (360 million) - Ecosystem & Community Rewards: 23.64% - Investors: 20.36% (3-year vesting, 1-year lockup) - Team (Core Contributors): 20% (3-year vesting, 1-year lockup) 4. Genesis Ed Distribution (Community 36%) - Season 1 and 2 Participants / NFT Holders / Partners: 23.5% (No vesting, target claim date: March 2026) - Ethena Community: 7.5% (gradual unlock) - Season 3: 5% (claimed on May 11th, no vesting) Based, which I've been actively participating in since the Puffdex project. Finally, its own token is coming, and it looks like ETH will be distributed to participants, so keep checking back! For the full text, please refer to the tweet announcement. I hope you enjoy it...
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