Foresight News reports that decentralized exchange Based has launched Based Alpha, a token issuance platform on Robinhood Chain. According to Foresight News, Based Alpha uses a bonding curve mechanism and has a fixed token supply of 1 billion tokens.
Of the total supply, 793.1 million tokens will be sold publicly through a constant product bonding curve for price discovery. After the curve sells out, the remaining 206.9 million tokens will be automatically paired with accumulated funds to form a locked liquidity pool on Based DEX.
During the bonding period, 0.3% of trading fees will go directly to token creators, while the rest will go to Based. The protocol plans to activate a fee switch after protocol fees accumulate to a certain level, with revenue distributed to BASED holders. Based said it will later roll out more features and trader incentive plans.
Based had previously launched a token swap feature that allows users to bridge assets from other chains and exchange them for Robinhood ecosystem tokens.
Based Launches Token Issuance Platform Based Alpha on Robinhood Chain
2026-07-16 14:23:53
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