__KayOnfire🐐
@kayonfire
Today I want to give some insight about $BASED. @basedevo - $BASED is a community-driven meme token deployed on the Base layer-2 network. It aims to grow the Base ecosystem via creative mechanics like multi-chain airdrops, dApps, and partnerships. - Coinbase announced Base, their Ethereum L2 blockchain in February 2023. To commemorate this, they released a free mint NFT called “Base Introduced” on Zora. While the NFT was technically free, users still had to pay Ethereum mainnet gas fees which were around $5–$10 at the time in order to mint it. . $BASED is a successful experiment. - Tokenomics of $BASED 👇 Here’s how the token supply was allocated: 50% to Base Introduced NFT redeemers 35% to liquidity (50% went to a PartyDAO for ETH donations to pair with $BASED and the other 50% was permanently locked into a LP position on Uniswap with the ETH donations) 10% reserved for future airdrops 5% set aside for experimental onchain uses 👇 👇
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Thatgirl_Bee🌸
@xxtrabee
I'm based
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