Our @BasedOneX Visa card services remain operational, safe, and unaffected by the recent incident.
We are not using Rain to issue cards today. Our card infrastructure was built by our team and has been running for three years.
We reviewed our systems and are not affected by the same issue.
Amazing update from Ethena on $ENA.
Alignment between equity and token is tricky to iron out and it’s amazing that ENA explores how a potential alignment can look like.
We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below:
1. Buyout of early investors:
The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any ENA within the last 9 months.
2. Alignment of Token & Equity:
The Ethena Foundation and Ethena Labs have reached agreement on a Master Framework Agreement, whereby IP and ownership of value accrued by the protocol is assigned to the Foundation exclusively and governed by token holders with no residual cash flow due to equity investors in the Labs entity.
3. Revenue Buybacks:
Governance proposal now live for the implementation of the fee switch whereby net revenue accrued across all business lines under the Ethena brand will be used to programmatically buy back the ENA token.
The vote for revenue buyback fee switch implementation is now here, and has already been approved by the Risk Committee:
https://t.co/2urvkqlE6N
4. Removal of monthly VC unlocks:
The Ethena Foundation and lead investors have agreed to eliminate future overhang associated with monthly VC investor unlocks by releasing unvested tokens. All team tokens remain locked per the original vesting schedules.
Further details and documentation is provided in the blog linked below:
@Yippun@0xdefidaniel@BasedOneX@Lighter_xyz It is not me.
Like you said, that is Based builder code. It's not the wallet address. You have to approve our builder code before using Based.
Over the past five days, around 1,500 users have traded on @BasedOneX , generating approximately $200K in revenue.
Based continues to rank among the top projects using Builder Codes, demonstrating the strength of its product.
Revenue started picking up around August 19, when bitcoin:native began its sharp rally. This could suggest that some users who had stepped away from crypto have returned and started trading more actively again.
$BASED has yet to fully recover from the shock on August 22, but considering the revenue Based is generating, I still believe there is plenty of room for further growth.
Where do you think $BASED is headed?
I’d love to hear your thoughts.
*This is not financial advice, but my personal opinion.
$BASED Staking is Now Available on BSC Chain!
You can now stake BASED directly on BSC Chain without having to bridge.
Here’s a quick reminder about $BASED staking and card benefits.
Staking Rewards
• Up to 24% APR in staking rewards
• Up to 100% trading fee discounts
Gold Card Benefits (100k $BASED)
• 0% FX fee
• Up to 4% cashback
• $120 worth of AI & entertainment rebates
Stake BASED today: https://t.co/VfzSII2mQN
*Check our official documentation for more details.
If you made money today, consider staking based to get a based Visa card so you can spend your gains.
Get up to 4% cashback with perks like airport lounges, entertainment rebate and ai rebate.
https://t.co/gBpPuFTLbk
ive downloaded and tried pretty much every Hyperliquid builder code app that’s out rn
and I’m not even saying this because I work at Based One, but Based One is genuinely the best app for actual trading
like, if you’re not just opening random longs and shorts, but actually seriously trading on Hyperliquid, try @BasedOneX
im ded serious desu
@dhh I think will be quite helpful to add some MCP or AI things to help with cleanups.
Hey is great but the filtering capabilities are behind Google. But looks like we can just leap directly into embracing AI email management instead of doing things the old way.
9 days, ¥7,169 (US$1,063), 236 viewers — a 2026 Chinese animated film just set the year's lowest theatrical gross. Some viewers said it was even worse than amateur AI-generated clips.