Based said it is dedicating close to 60% of its total token supply to community rewards, according to a statement shared on X this week. The move positions users at the center of the protocol’s tokenomics from launch.
The allocation is designed to reward participation across trading, liquidity provision, and broader ecosystem activity. Based said the structure prioritizes long-term user alignment over insider or short-term incentives, with rewards distributed to contributors rather than concentrated among early backers. The announcement outlines community incentives as the dominant use of supply, signaling a user-first approach to growth.
According to the project, the rewards framework aims to support sustainable liquidity and engagement while reducing reliance on aggressive emissions that can dilute value. The plan reflects a broader trend among decentralized exchanges to emphasize ownership and participation as competitive differentiators in crowded DeFi markets.
Source: Based (X).
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