$BASED Token

The native token that powers the Based ecosystem. It is designed to be a utility token used within the platform to access features, align incentives, and support long-term community ownership

The $BASED Token is currently stipulated to launch in Q1 2026.

Based is operated by the Based Foundation.

Purpose

Holding or staking $BASED is intended to unlock benefits across the Based platform (subject to program terms and change over time), including:

• Reduced fees on trading and prediction markets

• Rewards on the Based Visa debit card (including up to 8% cashback, subject to program terms)

• Higher card limits at higher holding tiers

• Lower on/off-ramp fees

• Access to future project launchpools

• Discounts with Based Mall merchants

• Future tools with Based Mall

• Consumption credits for future agentic features

Supply

The $BASED supply is fixed at 1,000,000,000 tokens.

Allocation

The allocation breakdown is as follows:

• 36.00% Community: 360,000,000

• 23.64% Ecosystem & Community Rewards: 236,400,000

• 20.36% Investors: 203,600,000

• 20.00% Core Contributors: 200,000,000

Claims & Eligibility

The claims for Genesis Distribution are targeted to start from March 2026 (exact date will be announced at the soonest). Based is coordinating the exact launch timing with exchange partners.An eligibility checker will be released prior to the claim start date.

Key dates

• Season 1 & 2 terms signing deadline: February 8, 2026

• Genesis Distribution claims (target): March 2026 (exact date will be announced at the soonest)

• Season 3 end date: May 4, 2026

• Season 3 claimability: May 11, 2026

For more details, read the post here: https://x.com/BasedFnd/status/2020489920222282164

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Legal Disclaimer

$BASED is a utility token, not a security or investment product. It provides access to Based platform features and carries no promise of profits, dividends, or returns. Any governance functionality (if/when enabled) does not confer ownership, voting, or management rights over the Foundation or its affiliates.The information provided herein is for informational purposes only and does not constitute financial, investment, tax, or legal advice. You should consult appropriate professional advisors before making any decisions related to $BASED. By participating in any $BASED token distribution, claiming an airdrop, or otherwise acquiring $BASED tokens, you acknowledge that you are solely responsible for complying with all applicable laws and regulations in your jurisdiction, including tax reporting and payment obligations.