Crypto:
37085
Bitcoin:
$69.036
% 2.49
BTC Dominance:
%58.8
% 0.08
Market Cap:
$2.34 T
% 2.22
Fear & Greed:
14 / 100
Bitcoin:
$ 69.036
BTC Dominance:
% 58.8
Market Cap:
$2.34 T

Highly Anticipated Altcoin Airdrop Officially Announced!

HYPE

While airdrop-focused developments in the crypto market continue to be closely watched, all details regarding a long-anticipated new altcoin airdrop have now been officially revealed. Based, an omnichannel trading platform, has announced the launch of its native token BASED, sharing its tokenomics and distribution plan with the public. The announcement stands out in particular for its community-centric airdrop structure.

BASED Token Supply and Tokenomics Structure

According to the data shared by the company, the total supply of the BASED token is capped at 1 billion tokens. This fixed supply is seen as an important factor in limiting inflation risk and supporting long-term sustainability.

Based on the published distribution plan:

  • 36% (360 million tokens) allocated to the community
  • 36% (203.6 million tokens) allocated to investors
  • 20% (200 million tokens) allocated to core contributors
  • The remaining supply is reserved for ecosystem development and various incentive mechanisms

This distribution clearly shows that the BASED token places the community at the center of its economic model.

Community Airdrop Details Clarified

Further details regarding the 36% community allocation have also been transparently disclosed:

  • 235 million tokens (23.5%) will be distributed to Based community members, PUP holders, BasedPal NFT holders, and launch partners who supported the Token Generation Event (TGE). This distribution covers users who participated in Season 1 and Season 2 point activities.
    Applications are planned to open in March 2026, and there will be no lock-up period for this airdrop.
  • 75 million tokens (7.5%) have been allocated to the Ethena community.
  • 50 million tokens (5%) are reserved for Season 3 participants.

This structure offers a balanced airdrop model that both rewards past contributions and encourages future user participation.

Official Statement From the Company

In an official statement, Based also clarified the utility of the BASED token:

“BASED is the native token that powers the Based ecosystem. It is designed as a utility token to enable access to platform features, align incentives, and support long-term community ownership.”

The announced tokenomics and lock-free airdrop model have quickly brought the BASED token into the spotlight within the crypto community. While the community-focused distribution has strong potential to enhance long-term ownership, applications planned for March 2026 are already generating significant interest. In the coming period, the use cases of the BASED token within the ecosystem and its market performance will be closely monitored.

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