BlockBeats news, on February 8, the omnichannel trading platform Based announced the launch of its native token BASED, and released the token economics. The total supply of BASED is 1 billion tokens, of which 36% is allocated to the community, 23.64% is allocated to the ecosystem and community rewards, 20.36% is allocated to investors, and 20% is allocated to core contributors.
Of which, 36% of the tokens allocated to the community are distributed as follows: 23.5% (235 million tokens) are allocated to Based community members, PUP holders, BasedPal NFT holders, and launch partners who supported the TGE through participation in Season 1 and Season 2 point programs. The claim will be open starting 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.
