πŸ”΅ $BASED Tokenomics

BASED is the heart of the KEK ecosystem, acting as a multi-faceted utility token with deflationary mechanics, staking rewards, VIP tiers, bonding features, and marketplace utility. Combined with the Based Points (BP) system, BASED ensures that early adopters, stakers, and long-term supporters are rewarded at every stage.


Key Facts

  • Maximum Token Supply: 100,000,000 (100 million BASED)

  • No additional tokens will ever be minted, ensuring scarcity and supporting a deflationary model.


BASED Points System: Rewarding Early Adopters

BASED Points (BP) allow users to earn rewards before BASED is live.

  • Non-Transferable: Redeemable 1:1 for BASED tokens after launch.

  • Earned by Staking KEK: Stake KEK in the early pool to start earning BP.

  • Enhanced APY: Early stakers benefit from higher reward rates than post-launch pools.


Early Staking Pool

  • Duration: Limited to 30 days pre-launch.

  • Rewards: Up to 15,000,000 BASED Points distributed.

  • Enhanced APY: Higher than standard pools to reward early participation.

  • Flexibility: No lockup required, though early withdrawal penalties apply.

Example Calculation

Stake 10,000 KEK for 30 days at 100% APY during the early phase:

10,000 Γ— (30 Γ· 365) Γ— 1.0 = 822 BASED Points

These Points convert directly into BASED tokens after launch.


BASED Token Utility

1. Staking

  • Stake KEK or BASED to earn rewards.

  • Stake BASED to boost KEK staking APYs by +10% to +25%.

2. VIP Tiers

  • Burn BASED tokens to unlock VIP status, offering higher rewards and exclusive perks.

Tier
Cost
Perks

VIP

1,000 BASED

+10% APY boost, priority marketplace access, NFT perks

VIP+

5,000 BASED

+25% APY boost, exclusive staking pools, access to premium NFTs

Future Tiers

TBD

Higher burns for even greater rewards

3. Bonding Mechanisms

  • Lock BASED and KEK liquidity to stabilize the ecosystem.

  • Bonding rewards include:

    • Enhanced staking APYs.

    • Special governance privileges.

4. Governance

  • Stake BASED to vote on proposals including:

    • Reward allocations.

    • Partnerships.

    • Ecosystem expansions.

5. Marketplace Utility

  • Spend BASED tokens in the KEK Bazaar on:

    • Exclusive NFTs.

    • Event access.

    • Ecosystem perks.


Tokenomics Overview

Category
Percentage
Supply
Details

Rewards Pool

50%

50,000,000

Distributed as BASED Points pre-launch, then BASED tokens post-launch over 5 years.

Partnerships & Incentives

25%

25,000,000

Partnerships, liquidity incentives, and utility expansion.

Team Allocation

15%

15,000,000

Locked for 1 year, vesting quarterly over 2 years.

Treasury & Operations

10%

10,000,000

Emergency liquidity and governance-controlled expenses.


Emission Schedule

  • Year 1: 25,000,000 BASED (50% of rewards pool)

  • Year 2: 15,000,000 BASED (30%)

  • Year 3: 7,500,000 BASED (15%)

  • Year 4: 2,500,000 BASED (5%)


Deflationary Mechanisms

1. Burning for VIP Access

  • BASED burns unlock VIP tiers, permanently reducing supply.

  • Example: If 10,000 participants unlock VIP tiers, burning 30 million BASED, that reduces supply by 30%.

2. Marketplace Burns

  • Between 1% and 5% of all BASED spent in the KEK Bazaar is burned.

3. Penalty Burns

  • Early withdrawal penalties from staking pools are either burned or redistributed. There are currently no early withdrawal penalties.

4. Bonding Liquidity Locks

  • BASED and KEK bonded to liquidity are permanently locked, reducing circulating supply.


Token Flow

Pre-Launch

  • Stake KEK to earn BASED Points.

  • Points are distributed to early stakers at enhanced APYs.

Token Launch

  • BASED Points convert 1:1 into BASED tokens.

  • Staking pools transition from BP rewards to BASED rewards.

Post-Launch Utility

  • Use BASED to:

    • Burn for VIP tiers.

    • Spend in the marketplace.

    • Bond for liquidity rewards.


$BASED Roadmap

Phase
Focus
Deliverables

Phase 1 (Q1 2025)

Early Staking Pool

BASED Points, KEK staking, enhanced APYs

Phase 2 (Q2 2025)

BASED Token Launch

BASED redemption, governance staking, DEX listing

Phase 3 (Q3 2025)

Bonding & VIP Pools

Liquidity bonding, dynamic VIP tiers, enhanced staking

Phase 4 (Q4 2025)

Marketplace Launch

NFTs, perks, real-world integrations, deflationary burns

Phase 5 (2026)

DAO & Expansion

Weighted governance, cross-chain utility, global reach


Why Get BASED Now?

  • Early Rewards: Stake KEK now to earn BASED Points and get ahead.

  • Enhanced APY: Early adopters enjoy higher rewards.

  • Deflationary Supply: Multiple burning mechanisms ensure BASED becomes scarcer over time.


Final Note

Stake. Burn. Earn. BASED is designed to reward early adopters, active stakers, and long-term participants in the KEK ecosystem.


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