BlockBeats News, February 8th, the omni-channel trading platform Based announced the launch of its native token BASED and released the tokenomics. The total supply of BASED is 1 billion, with 36% allocated to the community, 23.64% allocated to the ecosystem and community rewards, 20.36% allocated to investors, and 20% allocated to core contributors.
Specifically, 36% of the tokens allocated to the community are distributed as follows: 23.5% (2.35 billion tokens) allocated to Based community members who participated in Season 1 and Season 2 point activities, PUP holders, BasedPal NFT holders, and launch partners who supported the TGE. The application will be open in March 2026 with no lock-up period. 7.5% (75 million tokens) allocated to the Ethena community. 5.0% (50 million tokens) reserved for Season 3 participants.
