Homes symbolize a noteworthy progression within the Based Fellas ecosystem. Although participation is optional, owning a Based Fella already offers chances for passive token accumulation through the Lazy Staking feature.

In the world of active staking, Homes serve as dedicated hubs. These Homes ; Bungalows, Villas, and Manors, come in different sizes and provide the perfect environment for staking Based Fellas and select Base NFTs. This system works alongside the Lazy Staking option, allowing users to maximize their staking potential with various NFT capacities available in each type of Homes.

This initiative aims to improve token liquidity and encourage community involvement by distributing a total of 5,000 Homes throughout the 10 Lands of the Legendaries.

The distribution includes :

• 275 Bungalows,

• 150 Villas,

• 75 Manors

Culminating in 32,000 staking spaces for NFTs

The creation of Homes will be priced at around $25 USD equivalent at the moment of release, with the exact minting price being calculated using a snapshot taken 24 hours before the minting process.

Once the minting process reaches 50%, a fresh 72-hour timer will begin, indicating the imminent release of $Fella liquidity onto a decentralized exchange (DEX). The initial 50% ($50,000 USD) will be allocated entirely to the LP (liquidity provider).

The aim of this strategy is to minimize the need for pre-sales, thereby providing long-term holders with incremental $Fella earnings over a period of time, rather than focusing solely on short-term speculative interests.

At first, Homes plans to allocate a share of $Fella tokens to holders of Based Fellas and to projects that have a minimum of 5 Based Fellas in their treasury wallets. This opportunity is available for all Base NFT projects to participate in.

If you are interested in staking different NFTs in your Homes, make sure to communicate with your developers on how to activate the staking feature. It is worth noting that you will be able to stake Based Nouns, MYSTCLs, and OnChain Dinos from Day 1

The earnings generated from the remaining sale will be allocated towards the advancement of upcoming DApps. As the rewards of $Fella gradually decrease, we are dedicated to constructing 10 DApps that correspond to the 10 distinct Lands. These advancements will introduce various avenues of rewards, such as $Fella, ETH, or other incentives, depending on the mechanisms implemented within each specific Land.

The Homes mint is expected to occur towards the end of March or the beginning of April. Fella holders will be granted a whitelist for every 4 Fellas they possess. The whitelists will accumulate.

Holders will be given a period of 24 hours prior to the public sale. A total of 100 Homes will be set aside for the team, marketing purposes, and giveaways.

FELLAS LINK :

WEBSITE | TWITTER | FARCASTER | DISCORD | OPENSEA

BASED MEDIA LINK :

WITTER | FARCASTER | FARCASTER CHANNEL | PARAGRAPH | MIRROR