BASEY Announces Major Burn Event and Exclusive NFT Launch

BASEY has just announced a significant burn event where 10 million $BASEY tokens will be permanently removed from the supply. This major move is being carried out to introduce Girly, a new character in the BASEY ecosystem.
1/13/2025
Basey
Basey Moonsheet

BASEY has just announced a significant burn event where 10 million $BASEY tokens were permanently removed from the supply (Burn tx). This major move is being carried out to introduce Girly, a new character in the BASEY ecosystem.

Girly is set to become BASEY's girlfriend, bringing not only a fun narrative but also a highly exclusive limited NFT collection on the Solana blockchain. This limited edition, called the 500 Series NFT collection, will consist of only 500 unique pieces. Notably, only the BASEY community will have the opportunity to mint these special NFTs.

A key benefit of owning a Girly NFT is the reward structure tied to the team's locked liquidity pool (LP) tokens. Each Girly NFT holder will receive 0.1% of the team's locked LP tokens, currently valued at $400k with a market cap of $1.5M. This valuation means each Girly NFT is already worth approximately $400.

The value of the NFTs will increase as token liquidity grows, with key milestones including:

  • $800k liquidity: $800 per NFT
  • $1M liquidity: $1,000 per NFT
  • $2M liquidity: $2,000 per NFT
  • $5M liquidity: $5,000 per NFT
  • $10M liquidity: $10,000 per NFT
  • $20M liquidity: $20,000 per NFT
  • $50M liquidity: $50,000 per NFT

Multiple opportunities exist for both guaranteed and non-guaranteed whitelist spots for the Girly mint, with BASEY community members and token holders receiving major advantages.

It is important to note that the liquidity tokens (LP) are currently locked on Pinksale for another 44 days. Upon unlocking, the LP distribution will not occur all at once. A transparent system will be implemented to determine which NFT holders receive their share of LP first and when.

For verification and further details, you can check the official Pinksale lock link here: Pinksale Lock Link.

Stay tuned as BASEY continues to expand its ecosystem with exciting developments like the Girly launch and token burn event.