Based XP / Gold
Season 1 – XP System 🔸 Season 1 was based entirely on the XP system. 🔸 Users earned XP through activity and participation on Based. 🔸 All Season 1 XP is now locked in stone, no new XP will be issued. 🔸 Holders of Season 1 XP will be eligible for airdrop allocation of the Based Token. 🔸 The exact percentage and distribution details will be announced later.
Season 2 – Based Gold System 🔸 Season 2 introduces Based Gold, which replaces XP as the new progression system. 🔸 Each epoch lasts 3 days. 🔸 A fixed 10,000,000 Based Gold will be issued every epoch. 🔸 Other Based Gold allocations may be issued out for HIP-3 partners, or via Blind-boxes. 🔸 It represents a dynamic and ongoing incentive system for active users. 🔸 Categories of activities that earn Gold (exact weightage will not be disclosed):
Gold allocated for trading related activities
Gold allocated for affiliate activities
Gold allocated for PUP holders
For each of these activities, there are some specific ratios and filters being applied into the formula, and will not be revealed.
For affiliates, both the referrer and referee will get a share of Gold
If you refer a friend, they’ll receive a 10% boost in their daily Based Gold allocation. You’ll also earn the same bonus amount in Based Gold, matching what your friend received as their referral bonus.
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