Cycle End Snapshot

Every 12 months, Based Monsta hits the reset button with a snapshot that defines the cycle's endgame. It’s the moment where vault assets are frozen, token counts are solidified, and your rewards potential locked in. Whether you’re a hodler planning your next move or a trader eyeing the market, the snapshot is the event that kicks off the chaos—and the opportunities!

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What is the Cycle End Snapshot?

The snapshot is a precise ledger moment. At the end of the 12-month cycle, we record:

1. Vault Value: The total assets stored in the vault, ready to be split among holders.

2. Circulating Supply: How many tokens exist in the wild to calculate proportional rewards.

3. Holder Positions: Who’s holding what and how much, locking in their burn-to-claim requirements to claim their share of the pie.

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Timing Matters: Don’t Get Caught Off-Guard

The snapshot isn’t an event you can afford to miss. Token positions at this point determine your eligibility for:

• Vault Rewards: Only tokens accounted for in the snapshot can be burned for claims.

• Airdrop Rollovers: Burned tokens unlock automatic access to next-cycle airdrops, based on snapshot data.

Heads Up: While the approximate time of the Snapshot is already known (12 months post-launch), the exact time of the snapshot will be announced 30 days in advance. Position yourself early, and remember: once the snapshot hits, it’s game on.

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How the Snapshot Shapes Your Strategy

The snapshot could be your strategic lever! Your options:

1. Hold and Burn: Secure your position before the snapshot, then burn tokens during the Cycle End phase for your share of the vault and next-cycle airdrops.

2. Market Moves: Traders can exploit pre-snapshot dips or spikes, knowing the snapshot locks future potential. Watch for opportunities to buy low, hold, and claim big.

3. Set Up for the Next Cycle: Snapshot data fuels C2’s starting vault strength. Even if you miss your claim, your assets will contribute to the next wave of rewards.

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Snapshot FAQs

Q: What happens if I sell my tokens before the snapshot? A: No tokens in your wallet at the time of snapshot, no slice of the vault set aside for you! The snapshot captures only the tokens in your wallet at that moment. Sell early, and you’re trading future gains for market value.

Q: What if I buy tokens just before the snapshot? A: Tokens purchased and held in your wallet at the time of the snapshot will count. It’s a common strategy for degens looking to stack vault rewards last minute.

Q: Do I need to do anything during the snapshot? A: Nope, the process is automatic. Just make sure your tokens are where they need to be—your wallet.

Q: What happens if I sell my tokens after the snapshot? A: Now we’re talking high-stakes strategy, degen-style. 🧠 To claim your vault share, you’ll need to burn the exact number of tokens recorded in the snapshot. But here’s the twist... there’s no rule that says those tokens can’t be bought back later. 😏

The potential play? Some big-brained risk-takers might sell their tokens post-snapshot, aiming to take profits while market volatility spikes. If the price dips, they could swoop back in, scoop up the same number of tokens at a lower price, and still complete their burn for the vault claim. The ultimate power move.

The Catch? This isn’t for the faint of heart. Market moves aren’t guaranteed, and if the price spikes instead of dipping, you could end up paying more—or worse, missing your claim entirely. But for those with guts (and maybe a little luck 🍀), it’s a chance to pull off a dangerously Based power play 💪