> For the complete documentation index, see [llms.txt](https://basedapp.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basedapp.gitbook.io/docs/launchpool/about.md).

# About

Stake $BASED. Earn Launchpool Points. Receive project tokens.

Based Launchpool gives $BASED stakers early access to tokens from new projects launching in the Based ecosystem — before they reach the open market.

Visit the Launchpool at [based.one/launchpool](https://based.one/launchpool).

## How It Works

{% stepper %}
{% step %}
**Stake $BASED**

Stake on [basedfoundation.com/genesis](https://basedfoundation.com/genesis) to start earning Launchpool Points.
{% endstep %}

{% step %}
**Earn Launchpool Points**

Points accrue automatically based on the amount of $BASED you stake. No additional actions required.
{% endstep %}

{% step %}
**Receive project tokens at TGE**

When the featured project launches, your Launchpool Points convert pro-rata into the project's token allocation and are distributed directly to you.
{% endstep %}
{% endstepper %}

The more $BASED you stake, the more Launchpool Points you earn. Every $BASED staking pool earns points at the same rate — there is no bonus emission for any specific pool.

{% hint style="success" %}
Launchpool token allocations distributed by Based are **fully unlocked at TGE**. No vesting. No cliffs.
{% endhint %}

## Why Launchpool Is Different

Most launchpads reward capital with lockups, vesting, and lottery allocations. Based Launchpool rewards staking directly. If you're already staked, you're already earning — no waitlists, no lottery, no extra steps.

## The Launchpool Flywheel

<figure><img src="/files/5V2Skk5NBT3Zpc3BQMmW" alt="Based Launchpool Flywheel"><figcaption></figcaption></figure>

Launchpool creates value in both directions.

**For projects:** Based has one of the most valuable user bases in the ecosystem — a large community of active users with meaningful $BASED staked and a strong restaking rate. Capital, conviction, and a mid- to long-term orientation. For strong builders, that kind of distribution and holder quality is extremely difficult to manufacture on their own.

**For $BASED holders:** instead of simply holding and waiting, stakers gain ongoing exposure to the builders, products, and revenue systems growing around Based — a second engine of upside, powered by the ecosystem itself.

Holders stake $BASED → strong projects want access to our distribution → Launchpool allocates meaningful access to holders → projects grow with aligned communities and strong support → more builders want to launch through Based → more users want to hold and stake $BASED.

As more strong projects choose to launch through Based, the value of the distribution increases. As that value increases, more users want to hold and stake $BASED to access future ecosystem upside. Over time, holding and staking $BASED becomes increasingly valuable — not because we say so, but because the ecosystem earns it.

## Partner Points Campaigns

Launchpool projects may run their own points campaigns alongside Launchpool Points. These partner points are separate from Launchpool Points, and any tokens earned through a partner campaign are distributed directly by the partner under its own rules and schedule.

Participating in a partner campaign is optional and does not affect the Launchpool Points you earn from staking $BASED.

## Getting Started

{% stepper %}
{% step %}
**Stake your $BASED**

Stake at [basedfoundation.com/genesis](https://basedfoundation.com/genesis).
{% endstep %}

{% step %}
**Track your Launchpool Points**

View your Launchpool Points and estimated allocation on the [Launchpool page](https://based.one/launchpool).
{% endstep %}

{% step %}
**Receive your tokens at TGE**

When the project launches, your allocation is distributed directly to your wallet.
{% endstep %}
{% endstepper %}

{% hint style="info" %}
Launchpool mechanics described on this page are subject to change. Check [based.one/launchpool](https://based.one/launchpool) for the latest details.
{% endhint %}