Based is distributing ~$50,000 in creator rewards across two tracks for Based Alpha on Robinhood Chain.

1. Main Pool: $30,000 in USDG

Rewards will be allocated pro rata, based on each qualifying token’s total trading volume relative to all qualifying tokens during the campaign period.

To qualify, a token must:

• Graduate from its bonding curve during the campaign period;
• Have at least 20 unique holders at the moment of graduation (excluding the bonding curve contract, liquidity pool, and deployer);
• Generate at least $300,000 in total trading volume on its graduated Alpha Liquidity Pool during the campaign period.
• Achieve at least $500k market cap for at least 24 hours
• Campaign period: 21 July 00:00 UTC to 3 August 23:59 UTC.

Rewards will be sent in USDG to the deployer wallet of each qualifying token.

2. RWA Bonus Track: $20,000

Robinhood Chain is built for RWAs, not just memes, and we want to reward innovation beyond them. We have set aside an additional $20,000 in $BASED tokens (230,000 BASED at a ~$0.088 reference price) for projects with an innovative use case that incorporate Robinhood Stock Tokens.

To qualify, a project’s Alpha Liquidity Pools must generate at least $300,000 in total trading volume during the campaign period.

Rewards will be distributed pro rata based on each qualifying project’s generated volume on Based Alpha.

Distribution: within 3 days of campaign end

Launch your token on http://alpha.based.one

X post