Token Distribution
Complete Allocation Table
Total supply: 1,000,000,000 BASIS
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.
Launch price: $0.30
| Allocation | % | Tokens | Notes |
|---|---|---|---|
| Community Airdrop | 11% | 110M | Fully unlocked at TGE — no vesting, no cliff, no notice period |
| ↳ Phase 1 (Founding Lobster) | 1% | 10M | USDB testnet · smallest pool, least competition |
| ↳ Phase 2 (Soft Shell — Pre-Audit) | 2% | 20M | USDB testnet · post Phase-1 bug fixes |
| ↳ Phase 3 (Hard Shell — Pre-TGE) | 8% | 80M | Real stablecoin · post formal audit |
| Ongoing Emissions | 10% | 100M | Post-TGE staking rewards, Season 2+ |
| Presale Investors | 30% | 300M | All rounds: notice period, no cliff · each round is assigned a minimum rung on the staking ladder; any holder may elect a higher rung |
| ↳ Angel | 5% | 50M | $0.06 fixed → $3M raise · 365-day notice · Annual rung |
| ↳ Seed | 5% | 50M | $0.12 fixed → $6M raise · 180-day notice · Half-Year rung |
| ↳ Private | 7.5% | 75M | $0.18 base price (can rise) → $13.5M raise · 90-day notice · Quarterly rung |
| ↳ Public | 12.5% | 125M | $0.30 base price (can rise) → $37.5M raise · 30-day notice · Monthly rung |
| Founders | 15% | 150M | Burned permanently — never sold or withdrawn |
| CEX Liquidity | 7% | 70M | Exchange deposits |
| Ecosystem & Grants | 6% | 60M | Moltbook, partnerships, SDK grants, builder incentives |
| Marketing & Growth | 6% | 60M | Community campaigns, KOLs, adoption |
| DEX Liquidity | 5% | 50M | On-chain AMM pools at TGE |
| Treasury | 5% | 50M | Reserves, audits, security, ops |
| Advisors & Strategic Contributors | 5% | 50M | Notice period, no cliff |
The Three Airdrop Phases
| Phase | Name | Pool | Currency | Duration |
|---|---|---|---|---|
| 1 | Founding Lobster | 1% / 10M | USDB (test) | ~2–6 weeks |
| 2 | Soft Shell — Pre-Audit | 2% / 20M | USDB (test) | ~4–8 weeks |
| 3 | Hard Shell — Pre-TGE | 8% / 80M | Real stablecoin | Until TGE |
Points earned in each phase are banked permanently — they cannot be diluted by future participants. Your share of each phase is (your points / total points in phase) × phase token pool.
Phase 3 runs until TGE, which we are targeting for Q2 to Q3 2027. That target is gated on the formal security audit rather than on a date: Phase 3 is the only phase settling in real stablecoin, so it cannot begin until the audit is complete, and its length is set by what the audit finds and by the volume the platform is doing. See Go To Market for how it sits against the marketing stages.
Founder Alignment
Founders' 15% is burned permanently — not a cliff, not a vest, never sold or withdrawn. Founders earn only from the platform's revenue share that flows to the BASIS vault — which means founders eat only if the protocol succeeds. Founder tokens cannot be dumped at TGE, a year in, or ten years in. By design.
The Discretionary Allocations
A claim that founders can never sell is only worth as much as the routes around it, so the routes are worth naming. Four allocations are held rather than distributed at TGE: Ecosystem & Grants (6%), Marketing & Growth (6%), Treasury (5%) and Advisors & Strategic Contributors (5%). Together they are 22% of supply, and they are the only pools with any discretion attached.
None of them can be routed to a founder, an entity a founder controls, or a party acting on a founder's behalf. Each is restricted to the purpose named against it in the table above: grants and integrations, campaigns and community, operating reserves and audits, and genuine third-party advisors. The advisor allocation in particular is for people who are not founders — that is the whole distinction it exists to draw.
We state it explicitly because the obvious way to defeat a burn is to pay yourself out of a bucket that was never burned, and a reader who has seen that done before will look for it here.
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 |
Step-ups are permanent ratchets — once a threshold is hit, the valuation increases and never drops back down.
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.
Float at TGE
Day-one float at TGE comes from:
- Community airdrop (fully unlocked, all earned phases combined)
- DEX Liquidity seeded at TGE (5% / 50M)
- CEX Liquidity deposits (7% / 70M)
Everything else is constrained: presale tokens unlock only on notice, and on day one nobody's notice has run, so zero presale tokens hit the market. Founder tokens are burned permanently, emissions are not yet distributed, and ecosystem, marketing and treasury are released over time.