Based unveils its first-ever zero-fee public launchpad, Basedpad, bringing a powerful catalyst to the Hyperliquid ecosystem. The launch is set to empower Hyperliquid by introducing fair and community-driven token launches. This initiative aims to revive the excitement of the early days of Binance launchpools, bringing a new touch tailored to the rapidly evolving ecosystem of Hyperliquid.
Based Provides a Fair Access to Hyperliquid Projects
Basedpad follows a fair and transparent way in helping teams to launch their tokens independently, offering dual allocations. The public allocation is for everyone around the globe, while the whitelisted allocation is especially reserved for loyal supporters of Based and Hyperliquid. With this dual structure, Based aims to prevent outsized allocations by the “tourists.” This double allocation further gives a chance to both newcomers and long-term community members to participate in Launchpool.
Basedpad will leverage HyperEVM to run all the launches with an overflow model. In this, each participant will get the relative allocation according to their commitment. Especially, no allocation will be done by the Based team itself. In this way, the team is poised to solidify its repute in creating a free-use platform, benefiting the whole ecosystem rather than just creators.
Based Sparks Hyperliquid Season to Encourage its Vision
Based has launched many initiatives, and the Basedpad launch is one of them. The platform has introduced various tools, including Hyperdrop, Based Cloud, and the Based App Store. With this, Based aims to support builders, traders, and users, cementing its reputation within Hyperliquid. Basedpad will soon announce its first launched project, striving to build a remarkable spark for the “Hyperliquid season.”
Based is poised to focus on community growth, fair distribution, and long-term sustainability of the ecosystem. In this way, the platform proves its stand as a cornerstone of innovation in Hyperliquid. With the continuous acceleration in adoption, Basedpad is set to begin a new era for fairlaunch opportunities. By doing this, the launched product will attract seasoned crypto users and freshers alike towards the Hyperliquid network.
