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Based Launches Launchpool With Pull Fun as First Project

Based says token holders can use staking (locking tokens to earn rewards) to earn points for Launchpool participation, while Pull Fun is described as a trading card gacha platform backed by real physical card inventory.

Summary

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Terms & Concepts
  • Launchpool: A token distribution mechanism that lets users commit or lock assets to earn allocation points or newly issued tokens from a featured project.
  • staking: A process of locking tokens to receive rewards or participation benefits within a blockchain-based platform.
  • gacha: A randomized purchase or reward model in which users obtain items, such as cards, through chance-based draws.