Based发布BASED Tokenomics: Total supply of 1 billion, with 36% allocated to the community
February 8 — Omnichannel trading platform Based today announced the launch of its native token, BASED, alongside its tokenomics details.
The total supply of BASED is 1 billion tokens, with allocations broken down as follows:
- 36% to the community
- 23.64% for ecosystem and community rewards
- 20.36% for investors
- 20% for core contributors
Community token distributions are further specified:
- 23.5% (235 million tokens) will go to Based community members who joined Season 1/2 point activities, PUP holders, BasedPal NFT holders, and launch partners supporting the token generation event (TGE). Applications open in March 2026 with no lock-up period.
- 7.5% (75 million tokens) is earmarked for the Ethena community.
- 5.0% (50 million tokens) is reserved for Season 3 participants.
（Note: Corrected a factual typo in the original—23.5% of 1 billion tokens equals 235 million, not 2.35 billion.）
26 minutes ago
「Buddy」 increased ETH holdings and opened a long position on HYPE, with current total account PNL of $269,000
February 8 — Per HyperInsight monitoring, “Brother Ma Ji” Huang Licheng has boosted his positions in ETH and HYPE.
His current ETH long position is valued at $7.45 million, with an average entry price of $2,046.47. His HYPE long position totals $1.96 million, at an average entry of $31.9.
The account’s current unrealized profit stands at $269,000.
26 minutes ago
Jack Dorsey's Block Plans to Lay Off 10%
February 8th – Jack Dorsey’s Bitcoin-focused payments firm Block is undergoing a broader restructuring, with hundreds of employees being notified their positions may be eliminated as part of its annual performance review. Layoffs could reach up to 10%, per Cointelegraph.
Block launched a 2024 restructuring plan aimed at boosting efficiency and refining its product lineup. The company is prioritizing closer integration between its peer-to-peer Cash App and Square merchant services division.
Block is set to release its quarterly earnings report on February 26. Analysts project the firm’s fourth-quarter profit will hit $403 million, with revenue reaching $6.25 billion.
26 minutes ago
Michael Saylor Reissues Bitcoin Tracker Info, Hinting at Another BTC Purchase
On February 8, MicroStrategy founder Michael Saylor again shared information related to the company’s Bitcoin tracker.
Per MicroStrategy’s past pattern, the firm typically discloses details of its additional Bitcoin purchases the day after releasing related news.
26 minutes ago
Cathie Wood: Crypto Market May Be Approaching Potential Bottoming Range
**February 8th Brief**
ARK Invest CEO Cathie Wood—widely known as “WoodSis”—said Wednesday: “The key to diversified asset allocation is adding new assets with low correlation to existing holdings, and Bitcoin fits that bill. Low-correlation additions can boost risk-adjusted returns over the long term.”
That’s why I believe institutions are finally taking crypto seriously. Previously, they may have held back due to the “four-year cycle” narrative. Whether or not that cycle is real, the market has undergone a sharp correction and is now near what many technical analysts see as a potential low point.
Market bottoms typically bring high volatility. In hindsight, people often say, “I wish I’d bought at that low.” The V-shaped rebound we’ve seen has already been notable. Of course, this isn’t a guarantee—but multiple factors appear to be gradually lining up.
26 minutes ago
Cathie Wood: Bitcoin has extremely low correlation with gold, is gradually buying into crypto concept stocks
**ARK Invest’s Cathie Wood on Bitcoin, Gold & Crypto Stocks (Feb 8)**
Cathie Wood—ARK Invest CEO, widely known as “Wood Mom”—said Tuesday (Feb 8) that Bitcoin once dropped to roughly $60,000, nearly halving from its October high.
Calculating the correlation coefficient between Bitcoin and gold since 2019, she noted the figure is just 0.14—meaning almost no correlation. “Gold tends to rally before Bitcoin does, and that dynamic could repeat,” she added.
Wood also shared that ARK discloses its daily trading activity, and the firm has been gradually purchasing small positions in crypto-related stocks. “We don’t know how much further the sell-off will go or if it’s already over,” she said. “But when negative sentiment is this extreme, if our research holds, we should enter in batches and scale up our positions gradually.”
26 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
