Hash Crypto🧪

🧑‍🌾 Farming Perp DEX incentives
📊 Market structure | Funding | OI
⚠️ Not financial advice | Learning in public

[Hash Crypto🧪 @OnchainLabX]

Starting this account to document how I farm onchain incentives and how I read market structure.

No signals. No paid groups.
Just real experiments, results, and onchain thoughts.

[Hash Crypto🧪 @OnchainLabX]

@xvidelskyla @L0V3L3ZZX escribeme al md

[Hash Crypto🧪 @OnchainLabX]

@edison0xyz Great explanation of how to farm a community.

[Hash Crypto🧪 @OnchainLabX]

I’ve read this carefully.

And here’s the core issue no amount of words can hide:

You say you don’t want one-time extractors, you want long-term aligned users.

Fine.
That’s reasonable.

But that’s not what the community is asking for.

We’re not asking for a bigger payout.
We’re asking for a fairer split.

⸻

You frame it as:

“We won’t allocate too much to people who won’t stay”

But the reality is:
•S1 + S2 users generated real revenue
•Paid fees
•Took market risk
•Built liquidity
•Gave you ~$14M in fees

And yet, they end up with ~16% combined.

Meanwhile:
•Strategic partners
•NFTs
•PUP holders
•External ecosystems

…get treated as long-term alignment by default.

That’s where the disconnect is.

⸻

You keep repeating:

“The bigger rewards come after TGE”

But that’s exactly the problem.

You’re asking early users to:
•take the risk first
•generate revenue first
•endure the uncertainty

and then trust that future rewards will be fairer.

That’s not alignment.
That’s deferral.

⸻

No one here is asking to drain the treasury in one extraction.

We’re saying:
👉 Don’t underpay the people who already proved alignment.

Long-term belief shouldn’t come at the cost of being diluted by everyone except the people who actually used the product.

⸻

This isn’t noise.
This isn’t mercenary flow.
This isn’t outsiders.

This is core users saying:
“We feel farmed.”

And no amount of philosophy about “time” changes the math.

⸻

If you truly believe in long-term alignment, the solution is simple:
•reward early users more, not just later
•stop framing criticism as short-term thinking
•and adjust the distribution, not just the explanation

Until numbers change, this is still:
better storytelling, same tokenomics.

[Po @BasedPandaPo]

https://t.co/qm3Yg38QBX

[Hash Crypto🧪 @OnchainLabX]

I’ve read this carefully.

And here’s the core issue no amount of words can hide:

You say you don’t want one-time extractors, you want long-term aligned users.

Fine.
That’s reasonable.

But that’s not what the community is asking for.

We’re not asking for a bigger payout.
We’re asking for a fairer split.

⸻

You frame it as:

“We won’t allocate too much to people who won’t stay”

But the reality is:
•S1 + S2 users generated real revenue
•Paid fees
•Took market risk
•Built liquidity
•Gave you ~$14M in fees

And yet, they end up with ~16% combined.

Meanwhile:
•Strategic partners
•NFTs
•PUP holders
•External ecosystems

…get treated as long-term alignment by default.

That’s where the disconnect is.

⸻

You keep repeating:

“The bigger rewards come after TGE”

But that’s exactly the problem.

You’re asking early users to:
•take the risk first
•generate revenue first
•endure the uncertainty

and then trust that future rewards will be fairer.

That’s not alignment.
That’s deferral.

⸻

No one here is asking to drain the treasury in one extraction.

We’re saying:
👉 Don’t underpay the people who already proved alignment.

Long-term belief shouldn’t come at the cost of being diluted by everyone except the people who actually used the product.

⸻

This isn’t noise.
This isn’t mercenary flow.
This isn’t outsiders.

This is core users saying:
“We feel farmed.”

And no amount of philosophy about “time” changes the math.

⸻

If you truly believe in long-term alignment, the solution is simple:
•reward early users more, not just later
•stop framing criticism as short-term thinking
•and adjust the distribution, not just the explanation

Until numbers change, this is still:
better storytelling, same tokenomics.

[Hash Crypto🧪 @OnchainLabX]

🚨 IMPORTANT UPDATE (NO BS) 🚨

I’ve read the full Based response carefully.

Reality check:
❌ Tokenomics have NOT changed
❌ Allocations remain exactly the same
❌ Community dilution is still there

What changed?
👉 The narrative, not the numbers.

They admit:
•bad communication 😬
•confusion 🤷‍♂️
•“complex tokenomics” 🧠

But when you strip the essay down, the outcome is simple:

📉 S1 + S2 users still get ~16%
📦 Ethena + PUP + NFTs still eat a massive chunk
🪙 Season 3 still dilutes early users
⏳ Claims still far away

This isn’t a fix.
This is explaining extraction in nicer words.

If tokenomics stay like this:
🔥 they farmed the farmers
🔥 revenue generators get underpaid
🔥 loyalty is used as a slogan, not rewarded

Based the product ≠ Based the distribution.

Until allocations actually change,
this is just PR + damage control.

Eyes open.
Read numbers, not threads. 👀📊

[Hash Crypto🧪 @OnchainLabX]

🚨 IMPORTANT UPDATE (NO BS) 🚨

I’ve read the full Based response carefully.

Reality check:
❌ Tokenomics have NOT changed
❌ Allocations remain exactly the same
❌ Community dilution is still there

What changed?
👉 The narrative, not the numbers.

They admit:
•bad communication 😬
•confusion 🤷‍♂️
•“complex tokenomics” 🧠

But when you strip the essay down, the outcome is simple:

📉 S1 + S2 users still get ~16%
📦 Ethena + PUP + NFTs still eat a massive chunk
🪙 Season 3 still dilutes early users
⏳ Claims still far away

This isn’t a fix.
This is explaining extraction in nicer words.

If tokenomics stay like this:
🔥 they farmed the farmers
🔥 revenue generators get underpaid
🔥 loyalty is used as a slogan, not rewarded

Based the product ≠ Based the distribution.

Until allocations actually change,
this is just PR + damage control.

Eyes open.
Read numbers, not threads. 👀📊

[Hash Crypto🧪 @OnchainLabX]

🚨 IMPORTANT UPDATE (NO BS) 🚨

I’ve read the full Based response carefully.

Reality check:
❌ Tokenomics have NOT changed
❌ Allocations remain exactly the same
❌ Community dilution is still there

What changed?
👉 The narrative, not the numbers.

They admit:
•bad communication 😬
•confusion 🤷‍♂️
•“complex tokenomics” 🧠

But when you strip the essay down, the outcome is simple:

📉 S1 + S2 users still get ~16%
📦 Ethena + PUP + NFTs still eat a massive chunk
🪙 Season 3 still dilutes early users
⏳ Claims still far away

This isn’t a fix.
This is explaining extraction in nicer words.

If tokenomics stay like this:
🔥 they farmed the farmers
🔥 revenue generators get underpaid
🔥 loyalty is used as a slogan, not rewarded

Based the product ≠ Based the distribution.

Until allocations actually change,
this is just PR + damage control.

Eyes open.
Read numbers, not threads. 👀📊

[Edison @edison0xyz]

https://t.co/2DJsgmrfO7

[Hash Crypto🧪 @OnchainLabX]

The real alpha is knowing when to stop farming.

[Hash Crypto🧪 @OnchainLabX]

Crypto is just people farming other people.

[Hash Crypto🧪 @OnchainLabX]

If you had to farm ONE thing for the next 6 months, what is it?

[Hash Crypto🧪 @OnchainLabX]

Are prediction markets the next big airdrop meta?
Yes / No explain.

[Hash Crypto🧪 @OnchainLabX]

What’s the most money you ever made from an airdrop?

[Hash Crypto🧪 @OnchainLabX]

This is the typical perma-bull take 🤡

📈Refusing to accept reality.

In my opinion, the cycle already topped 🏔️
ATH is in. From here it’s distribution → bear market 🐻

And that’s fine.

Because real money isn’t made during euphoria 🥂
It’s made during the bear, quietly positioning while everyone else is coping 🧠

💰Bull markets reward exposure.
Bear markets build wealth. 🧑‍🌾📉

[Griz @GrizMeta]

If you’re selling now

instead of buying more

CRYPTO isn’t for you.

[Hash Crypto🧪 @OnchainLabX]

@0xBossman There’s plenty to do.
Just nothing easy.

[Hash Crypto🧪 @OnchainLabX]

Paying influencers > paying users
is the fastest way to kill trust.

[Hash Crypto🧪 @OnchainLabX]

Backpack tokenomics looking clean 👀✅
•1B supply
•25% launching at TGE
•240M to points holders
•10M to MadLads

This is how you take care of a community 🤝

Based should take notes 📝@BasedOneX
You don’t “support users” by posting nice tweets…
you do it in the allocation.

[Backpack 🎒 @Backpack]

25% on TGE

Here's the entire token distribution

Utility coming next 🎒

[Hash Crypto🧪 @OnchainLabX]

📢 Based team update

Team acknowledged the backlash around tokenomics and confirmed they’re:
•reviewing all feedback 📝
•preparing a response + concrete actions ⏳
•admitting miscommunication issues ❗️

No malicious intent, just bad optics.

Now it’s on them to fix it properly, not just explain it.

Community is watching 👀

[Hash Crypto🧪 @OnchainLabX]

Alright boys… Based just dropped the $BASED tokenomics 🧾

And now I fully understand why Discord is on fire 🔥💀

The headline looks amazing:

36% “community” allocation 🧑‍🌾✅

But once you actually read the breakdown… 😬

Reality check 👇

Inside that “community” bucket you have:

7.5% → Ethena / HyENA 🐍

5% → Season 3 (future users) 💎

BasedPals 🖼️

PUP holders 🐶

launch partners 🤝

So the “36% for users” narrative is… not really true.

What do the actual farmers get? 🧑‍🌾

Season 1 (XP): 8%

Season 2 (GOLD): 8%

That’s the core issue.

The optics are bad 😭

You’re basically giving:
almost a full season worth of tokens
to a Hyperliquid perp collab (HyENA) 🧠⚡️
while the users who generated the revenue get 8% each 💀
Not saying Based are scammers 🚫

But they definitely fumbled the community optics hard 🥴

@BasedOneX

[Hash Crypto🧪 @OnchainLabX]

Alright boys… Based just dropped the $BASED tokenomics 🧾

And now I fully understand why Discord is on fire 🔥💀

The headline looks amazing:

36% “community” allocation 🧑‍🌾✅

But once you actually read the breakdown… 😬

Reality check 👇

Inside that “community” bucket you have:

7.5% → Ethena / HyENA 🐍

5% → Season 3 (future users) 💎

BasedPals 🖼️

PUP holders 🐶

launch partners 🤝

So the “36% for users” narrative is… not really true.

What do the actual farmers get? 🧑‍🌾

Season 1 (XP): 8%

Season 2 (GOLD): 8%

That’s the core issue.

The optics are bad 😭

You’re basically giving:
almost a full season worth of tokens
to a Hyperliquid perp collab (HyENA) 🧠⚡️
while the users who generated the revenue get 8% each 💀
Not saying Based are scammers 🚫

But they definitely fumbled the community optics hard 🥴

@BasedOneX

[Hash Crypto🧪 @OnchainLabX]

🧾 Supply

Fixed supply: 1,000,000,000 $BASED

No inflation games.

⸻

🧑‍🌾 Allocation (the key)
•36% Community
•23.64% Ecosystem + future rewards
•20.36% Investors
•20% Team

This is already better than most “community = 5%” launches.

⸻

🎁 Genesis distribution (what matters for farmers)

23.5% goes to:
•Season 1 + Season 2 users
•PUP holders
•BasedPal NFT holders
•launch partners

➡️ Claimable at TGE, no vesting (targeting March 2026)

That’s huge.

⸻

💎 Season 3

5% reserved for Season 3 participants.

Season 3 runs until May 4, 2026
Tokens claimable May 11, 2026
(no vesting)

⸻

🔒 Vesting (investors + team)

Both have:
3-year vesting
•1 year cliff
•monthly unlock after

This reduces insta-dump risk early.

⸻

🧠 My take

The interesting part isn’t the “utility list”.

The interesting part is this:

They’re trying to avoid the classic
low-float / high-FDV extraction meta.

Now it’s simple:
Tokenomics look fair.

Execution decides everything.

[Hash Crypto🧪 @OnchainLabX]

🧾 Supply

Fixed supply: 1,000,000,000 $BASED

No inflation games.

⸻

🧑‍🌾 Allocation (the key)
•36% Community
•23.64% Ecosystem + future rewards
•20.36% Investors
•20% Team

This is already better than most “community = 5%” launches.

⸻

🎁 Genesis distribution (what matters for farmers)

23.5% goes to:
•Season 1 + Season 2 users
•PUP holders
•BasedPal NFT holders
•launch partners

➡️ Claimable at TGE, no vesting (targeting March 2026)

That’s huge.

⸻

💎 Season 3

5% reserved for Season 3 participants.

Season 3 runs until May 4, 2026
Tokens claimable May 11, 2026
(no vesting)

⸻

🔒 Vesting (investors + team)

Both have:
3-year vesting
•1 year cliff
•monthly unlock after

This reduces insta-dump risk early.

⸻

🧠 My take

The interesting part isn’t the “utility list”.

The interesting part is this:

They’re trying to avoid the classic
low-float / high-FDV extraction meta.

Now it’s simple:
Tokenomics look fair.

Execution decides everything.

[Based Foundation @BasedFnd]

https://t.co/QpTQ1GD3Eb