@basedpanel
The Based Panel Update you have been waiting for:
We officially announce Based Panel Season 2.
October 21, a little less than two weeks ago we launched the $BP token. The sale filled quick, we had overwhelming attention on the token, causing us to reach ATHs of $2M, retracing to where we are today.
Our silence has been strategic. Our site has sky high retention rates, and over the last two weeks we've had over 150 users deposit a collective $5,000 which we've just used towards our first buyback!
https://basescan.org/tx/0x8e9e49e501e9275497d0a4a62190fe15c70f765ed2ebb2a31dcdf779d65351ff
Activity on Based Panel accrues points, and now we can be more transparent about this - 50% of the supply set aside long.xyz is totally dedicated to user airdrops to increase engagement on our platform, as well as creating revenue for the buyback and burn modal putting more supply in the communities hands, whilst creating a decirculating supply modal.
We've made performance updates to Based Panel, and are excited to continue running this like a proper business so as compared to a company that does not pay attention to their token. Despite most buyers, selling, the token did its job as a flywheel that brought users to our platform and we call that a success.
Based Panel.