BasedApp

Latest Update: Based Launches Launchpool with Pull Fun as First Project

Based has introduced Launchpool, giving $BASED stakers early access to ecosystem project tokens before public launch. Pull Fun is the first featured project, with 50% of total $PULL supply allocated to genesis—distributed between $BASED stakers and Pull Fun’s own points program.

How to participate:

1. Stake $BASED at the genesis portal
2. Earn Launchpool Points automatically while staked
3. Points convert to $PULL tokens at TGE (approximately three weeks after the Launchpool period ends)

Already staked $BASED holders are automatically earning points. Track your position on the Launchpool dashboard. Full $PULL tokenomics and utility details will be announced by the Pull Fun team separately.

$BASED Trading Competition on Binance

Binance has launched a two-phase trading competition for $BASED tokens running from March 31 to April 14, 2026. To participate:

1. Visit Binance and access Binance Alpha or Binance Wallet (Keyless)
2. Trade $BASED tokens during the active promotion period
3. Achieve a top 3,330 ranking by purchase volume to qualify for rewards

Competition Schedule:

• Phase 1: March 31, 2026 13:00 UTC – April 7, 2026 13:00 UTC
• Phase 2: April 7, 2026 13:00 UTC – April 14, 2026 13:00 UTC

Each phase awards 865,800 BASED tokens split equally among the top 3,330 participants (260 BASED per winner). Rewards will be claimable before April 28, 2026 via Binance Alpha or Binance Wallet (Keyless), with a 14-day claim window before forfeiture.

BasedApp Season 3 Launch and $BASED TGE Details

How to Participate in Season 3

1. Visit the BasedApp website and create your account (use invite code ‘AIRDROPSIO‘ if you’re a new user)
2. Download the BasedApp mobile application from Apple Store or Google Play Store
3. Fund your account by depositing from supported networks (Hyperliquid, Solana, Arbitrum) or use the on-ramp feature for fiat-to-crypto conversions (you can purchase assets directly from Binance or bridge using Rhino.fi if needed)
4. Execute perpetual trades and spot trades to earn Based Diamonds throughout Phase 2
5. Share your referral link to earn up to 78% commission across three tiers and build your referral network
6. Track your Diamonds accumulation on your dashboard to monitor progress

Season 3 Campaign Structure

Season 3 allocates 50,000,000 $BASED tokens (5% of total supply) to participants through a two-phase emission schedule:

Phase 1 (January 5 – February 12, 2026)

• Total issuance: 15,000,000 Diamonds
• Distribution method: Retrospective calculation of user activity on February 12, 2026

Phase 2 (February 13 – May 4, 2026)

• Total issuance: 35,000,000 Diamonds
• Daily fixed issuance: 432,098 Diamonds

$BASED Tokenomics

Total fixed supply: 1,000,000,000 tokens

Genesis Distribution (360,000,000 tokens – 36% of supply)

1. Season 1 & 2 Allocation (235,000,000 tokens – 23.5%)
   • Recipients: Season 1 and 2 participants, PUP holders, BasedPal NFT holders, launch partners
   • Claim timing: March 2026 (target date, pending exchange coordination)
   • Vesting: No vesting period
   • Requirement: Sign terms by February 8, 2026
2. Ethena Community Allocation (75,000,000 tokens – 7.5%)
   • Recipients: Ethena community members (eligibility criteria to be announced by Ethena Foundation)
   • Unlock schedule:
     • Months 1-3: 20% monthly unlock (6.67% per month)
     • Month 12: 40% unlocks at one-year anniversary
     • Months 13-18: Remaining 40% vests linearly over six months
3. Season 3 Allocation (50,000,000 tokens – 5.0%)
   • Campaign end: May 4, 2026
   • Claim date: May 11, 2026
   • Vesting: No vesting period

Key Dates

• February 8, 2026: Season 1 & 2 terms signing deadline
• February 12, 2026: Phase 1 retrospective calculation
• March 2026: Genesis Distribution claims open (target date, exact timing to be confirmed)
• May 4, 2026: Season 3 campaign ends
• May 11, 2026: Season 3 tokens become claimable

An eligibility checker will be released before the Genesis Distribution claim date. Note that allocations will incorporate anti-sybil measures including filtering for wash trading activity and self-referrals, with undistributed tokens moved to ecosystem and community rewards.

Based ($BASED) TGE & Staking Now Live

$BASED TGE & staking is now live. There is no claim, and $BASED tokens are automatically allocated to your Hyperliquid Core wallet. Staking provides rewards, trading fee discounts, Based Launchpool access, and eligibility for the upcoming Based Visa Card. Follow these steps to stake:

1. Visit the staking portal (or based.one/staking after TGE)
2. Connect your wallet
3. Select a tier (OG, Based, or Normie) based on available capacity
4. Enter your staking amount and confirm the transaction

Key Dates

• Pre-TGE staking opened: March 27, 2026, 1200 UTC
• Rewards start accruing: March 28, 2026, 0000 UTC
• Unstaking & claiming opens: March 30, 2026, 1000 UTC
• TGE & trading discounts live: March 30, 2026

Staking Tiers

Three tiers are available on a first-come, first-served basis:

• OG: 40M $BASED cap, highest APR
• Based: 40M $BASED cap, mid APR
• Normie: Unlimited capacity, base APR

APR is dynamic and decreases as more $BASED is staked across the protocol.

Unstaking Rules

• Unstake cooldown: 3 days
• Claim cooldown: 1 hour
• Tokens stop earning rewards during the unstake cooldown period

$BASED Airdrop for sENA holders

• Distribution details: A total of 7% of the total supply has been allocated. The vesting schedule releases 20% over three months from TGE, with the remaining 80% subject to a one-year cliff.
• Claim page: Visit the claim portal to claim your allocation

BasedApp Season 2 Ends, Genesis Event Announced (Ended)

BasedApp Season 2 has concluded as of January 3rd, with the $BASED token launch scheduled for Q1 2026. To participate in the Genesis Event, users must accept the Based Foundation Terms of Use by February 8, 2026, 12:00 PM UTC:

1. Visit the Based Foundation Terms of Use page
2. Review and sign to confirm acceptance
3. Alternatively, open the Based Mobile App and tap the Foundation icon on the homescreen to sign

Additional details regarding $BASED token utility will be announced closer to the Genesis Event.