Presale Rounds & Vesting
Presale Rounds
Total presale allocation: 30% / 300M BASIS · raised across 4 rounds.
All presale tokens unlock on a notice period, not a cliff — zero presale tokens hit the market on day one of TGE.
| Round | Price | Terms | Notice | Tokens | Raise |
|---|---|---|---|---|---|
| Angel | $0.06 | Fixed | 365 days | 50M (5%) | $3M |
| Seed | $0.12 | Fixed | 180 days | 50M (5%) | $6M |
| Private | $0.18 | Base price (can rise) | 90 days | 75M (7.5%) | $13.5M |
| Public | $0.30 | Base price (can rise) | 30 days | 125M (12.5%) | $37.5M |
Total: $60M for 30% of supply (300M tokens).
Contractual minimum launch price: $0.30 — a $300,000,000 launch valuation. Contractual because we set the launch price rather than auction it. The ratchet can raise it; nothing lowers it. This is a commitment on the entry price, not a price floor after trading opens.
Every round is priced against the contractual minimum rather than against a forecast. Angel is 20% of it, Seed 40%, Private 60%. The Public round opens at the contractual minimum itself, so it carries no discount — what it buys is access and certainty rather than a cheaper entry, and a Public investor cannot be below the minimum launch valuation on day one.
Angel and Seed rounds are fixed-price — early investors take real risk at a significant discount.
Private and Public rounds open at a base price that can rise with platform traction — as the platform grows, so does the value of each round.
Total Raise
Angel and Seed are fixed-price. Private and Public open at a base price that can rise with platform traction. At base prices, the four rounds raise a combined $60M for 30% of supply (300M tokens).
Why Notice, Not a Cliff
Presale allocations do not vest to a date. They unlock on notice, and the notice period for each round is the same figure that sets its rung on the staking ladder — 365 days at Annual for Angel, 180 at Half-Year for Seed, 90 at Quarterly for Private, 30 at Monthly for Public. The vesting schedule and the staking ladder are one mechanism, not two.
A holder starts their own clock by giving notice. From that moment tokens release as a daily stream over the notice period rather than arriving in a lump. Notice can be cancelled at any point, which restores full weight immediately.
The difference from a conventional cliff matters. A cliff is a date set at issuance, identical for everyone in the round, known to the market months in advance and traded against before it arrives. Notice has no date at all until a holder chooses to create one, and each holder creates a different one. There is no shared unlock moment, so there is nothing for the market to front-run, and no holder is ever trapped waiting for someone else's calendar.
It is also paid rather than merely enforced. Sitting on a long notice period earns a higher share of platform fees, so the incentive to keep waiting survives past the point where a lock would have expired.
Day-one float at TGE comes from:
- The community airdrop (110M, fully unlocked)
- Seeded DEX liquidity (50M)
- CEX deposits (70M)
That's it. Presale tokens release gradually once their holder gives notice, and on day one no notice has run. Founder tokens are burned permanently and never enter circulation.
This structure means TGE has no presale dump, no founder dump (founder tokens are burned permanently), and a healthy organic float dominated by community-earned tokens.
The Revenue Ratchet
Token price isn't left to speculation. It's tied to real platform performance through permanent FDV step-ups triggered by trailing 30-day BASIS staking revenue — the 48% of fees that route to staked tokens:
| Monthly BASIS Staking Revenue | Valuation | Token Price |
|---|---|---|
| Launch (minimum) | $300M | $0.30 |
| $2.5M/month | $400M | $0.40 |
| $5M/month | $500M | $0.50 |
| $10M/month | $750M | $0.75 |
| $25M/month | $1.5B | $1.50 |
Permanent ratchets — once a threshold is hit, the valuation never drops back down. Private and Public presale prices reference this revenue-derived valuation at the moment the round opens.
The first rung needs roughly $347M of monthly trading volume: BASIS staking takes 0.72% of volume, being the 48% of fees that accrue to staked tokens. Every rung above the minimum is priced exactly as it was before the minimum was raised — the higher floor absorbed the two lowest steps rather than re-pricing what revenue is worth.