# 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.

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**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.
