Woofun AI reports that BASED has unveiled Based Alpha, a token issuance platform operating on the Robinhood Chain. The protocol employs a constant product bonding curve mechanism with a fixed total supply of 1 billion tokens. Of this amount, 793.1 million tokens are available for public sale to facilitate price discovery. Upon exhaustion of the bonding curve sales, the remaining 206.9 million tokens will automatically pair with accumulated funds to establish a locked liquidity pool on the Based DEX.

During the bonding period, 0.3% of transaction fees are allocated directly to token creators, while the remainder stays within the BASED protocol. Once fees reach a specified threshold, a distribution system activates to share profits with BASED holders. BASED indicated plans to introduce additional features and trader incentive programs in the future. Previously, the platform enabled cross-chain asset exchanges within the Robinhood ecosystem.