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.
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