Based XP is a reward system designed to recognize users who actively engage with BasedApp wallet services, such as trading on supported decentralized protocols.
XP is different from Based Points.
Based Points are awarded for card spending and require KYC.
Based XP is tied to your wallet activity and does not require card use or identity verification.
The rate and structure of XP distribution are not publicly disclosed and may change at BasedApp's discretion.
XP is automatically recorded. There’s no need to opt in, as long as you're using BasedApp through supported platforms like Hyperliquid.
Based XP in Season 1 is known as XP, known as Gold in Season 2. The mechanism to earn it is slightly different.
Currently we are at Season 2: https://x.com/BasedOneX/status/1974117412229558793
To know more about the individual mechanism for distribution of Based XP please go to our doc to read more on the individual mechanism for Based XP per season : https://basedapp.gitbook.io/docs/based/based-xp-gold
Disclaimer:
Based XP is not available to users in Singapore or the United Kingdom (WHAT IS THIS FOR?) , and should not be viewed as an inducement to interact with cryptocurrency. XP is a non-financial loyalty signal, intended to recognize usage and participation in a decentralized app environment. It has no monetary value, and earning XP does not imply any investment or reward scheme.