$BASED Token Summary 📌 Key Benefits (When Holding/Staking) 1️⃣ Discounted Trading/Prediction Market Fees 2️⃣ Based Visa Card: Up to 8% Cashback + Increased Limits Based on Holding Tier 3️⃣ Reduced On/Off-Ramp Fees 4️⃣ Discounts at Based Mall Partners + Additional Discounts Available with $BASED when Paying with Stablecoins 5️⃣ Priority Access to Future Launchpool + Agent Credits 6️⃣ Participation in Platform Governance 📌 Supply & Allocation Total Supply: 1 Billion (Fixed) Allocation Ratio: Category Ratio/Amount Community 36% (360M) Ecosystem/Rewards 23.64% (236.4M) Investors 20.36% (203.6M) Team 20% (200M) 📌 Genesis Distribution (360M, Community) Allocation) 235M (23.5%): Season 1-2 participants, PUP/NFT holders, Launch Partners → Claimed on March 2026 (no vesting) 75M (7.5%): Ethena Community Rewards (separate announcement) 50M (5%): Season 3 participants → Claimed on May 11, 2026 (no vesting, anti-sybil filtering applied; undistributed → moved to the reward pool) Original Tweet
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