BlockBeats News, February 8 — The all-channel trading platform Based announced the launch of its native token BASED and released its tokenomics. The total supply of BASED is 1 billion tokens, with 36% allocated to the community, 23.64% allocated to ecosystem and community rewards, 20.36% allocated to investors, and 20% allocated to core contributors.
Among these, the 36% allocated to the community is distributed as follows: 23.5% (235 million tokens) to Based community members participating in Season 1 and Season 2 point activities, PUP holders, BasedPal NFT holders, and launch partners supporting TGE. The claim period is planned to open in March 2026, with no lock-up period. 7.5% (75 million tokens) are allocated to the Ethena community. 5.0% (50 million tokens) are reserved for Season 3 participants.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
DeAgentAI distributes the second round of AIA airdrop to Genesis NFT holders
Gate News reports that on March 18, Sui ecosystem decentralized AI infrastructure project DeAgentAI announced it has completed the second round of AIA token airdrop distribution to Genesis NFT holders. The airdrop has been directly sent to users' bound Sui
GateNews10h ago
Over 40,000 Bitcoin Swept Up in a Week, Strategy Plays Fixed Income Game with STRC Loans
Bitcoin rebounded during Middle East conflict, with MicroStrategy successfully attracting capital through its preferred stock STRC, cumulatively increasing its holdings by over 40,000 bitcoins. STRC, serving as a stable yield instrument, has become a new financing channel for MicroStrategy, driving its market performance and liquidity. While this model faces high dividend pressure and requires continuous yield improvements to maintain appeal, STRC has effectively connected traditional capital with bitcoin demand, opening up a new financing model.
PANews10h ago
Backpack announces the token name BP and contract address, with TGE scheduled for March 23.
Gate News reports that on March 18, Backpack released the token name BP and contract address. Previously, Backpack announced that it will conduct a TGE (Token Generation Event) on March 23. Foresight News has verified with Backpack's official team and confirmed that their X account was not compromised, and the above information is authentic.
GateNews12h ago
Ripple Former CTO Discloses First XRP Email: 1,000 Tokens Worth $1,530 Today
On March 18, Ripple Chief Technology Officer David Schwartz shared the first email he received in 2013 mentioning XRP, showcasing XRP's early development. In the email, Vinnie Falco requested an XRP transfer, revealing the preliminary state of the crypto market at that time and the spirit of technical exploration. Falco later joined Ripple and made significant contributions to system development. This email reflects the early culture of the XRP community and technical accumulation, highlighting XRP's evolution from its inception to the present day.
GateNews13h ago
OpenSea Delays SEA Token Launch! Admits Difficult Market Environment, Offers 60 Days Zero Fee
OpenSea announced a delay in the $SEA token launch, with the TGE originally planned for March 30 now cancelled. The company will instead implement a 60-day period with 0% fees starting March 31 to attract users. The company emphasized its focus on market conditions and expressed its desire to move forward with plans under more mature circumstances.
CryptoCity13h ago
Aster launches privacy Layer 1 mainnet, with ASTER price rebounding despite a 76% decline in trading volume
Decentralized derivatives platform Aster launched Aster Chain on March 18, a high-performance privacy blockchain designed specifically for perpetual futures, supporting cross-chain asset deposits and emphasizing account-level privacy protection. Although the mainnet launch drove a brief surge in ASTER price, trading volume and total locked value declined significantly. Whether it can attract liquidity in the future will be key to its growth.
GateNews14h ago
