**[Based Launches Token Issuance Platform Based Alpha on Robinhood Chain]** Foresight News reports that decentralized trading platform Based has announced the launch of its token issuance platform, Based Alpha, on Robinhood Chain. Based Alpha utilizes a bonding curve mechanism, with a fixed total token supply of 1 billion. Of these, 793.1 million tokens will be publicly sold through a constant product bonding curve to achieve price discovery. After the curve is sold out, the remaining 206.9 million tokens will be automatically paired with the accumulated funds to form a locked liquidity pool on Based DEX. During the bonding period, 0.3% of the transaction fees will be directly allocated to the token creator, while the remaining protocol fees will belong to Based. Once the accumulated protocol fees reach a certain threshold, a fee switch will be activated to distribute earnings to BASED holders. Based has stated that more features and trader incentive programs will be introduced in the future. Previously, Based had launched a token swap feature, allowing users to bridge assets from other chains and exchange them for Robinhood ecosystem tokens.