FAQ
Got questions? Weโve got answers. Whether youโre new to Based Monsta or just looking to brush up, this FAQ is your go-to guide for everything degen.
General Questions
Q: What is Based Monsta? A: Based Monsta is a memecoin powerhouse built on Base Chain. It combines deflationary tokenomics, vault rewards, and gamified engagement to create a dynamic and rewarding ecosystem.
Q: Why Base Chain? A: Base Chain delivers low fees, lightning-fast transactions, and seamless EVM compatibilityโperfect for degens who want maximum gains with minimal friction.
Q: Whatโs with the 12-month cycle? A: Every year, Based Monsta resets the game. Holders burn tokens to claim rewards, and we kick off a fresh cycle with new opportunities.
Q: How many $MONSTA tokens are there? A: The total supply is fixed at 10,000,000,000 $MONSTA.
Q: What are the transaction taxes? A: Taxes are set at 3% for buys and 3% for sells:
Buy Tax (3%): All goes to the vault to stack rewards.
Sell Tax (3%): 2% to the vault and 1% burned for deflation.
Q: What happens if I donโt burn my tokens during the burn-to-claim event? A: You have the choice to trade your tokens on the open market, or burn them for your vault share during the burn-to-claim event. If you choose not to claim your vault share and burn your tokens, you will have 12 months to trade your tokens on the market before support will end and trading ends.
Q: Whatโs the difference between the Primary Vault and Bonus Vault? A: The Primary Vault rewards holders based on the amount of Based Monsta tokens they hold/burn, while the Bonus Vault is reserved for those who collect all 12 Vault Key NFTs during the cycle.
Q: How do I claim rewards from the vaults? A: At the end of the cycle, burn your $MONSTA tokens to claim your share of the Primary Vault. If youโre eligible for the Bonus Vault, youโll unlock it with your full set of Vault Keys.
Q: What are Vault Key NFTs? A: Vault Keys are monthly NFTs you can mint during the 12-month cycle. Collect all 12 to unlock the Bonus Vault.
Q: What if I miss a Vault Key? A: You'll need to check official secondary marketplace listings
Q: What happens to the fees from Vault Key mints? A: Mint fees are fed back into the ecosystem to reward holders and keep the Monsta machine running smoothly. Read more about the Keys to the Vault bonus game.
Still have questions? Join our Telegram community and ask away. Letโs get Based.
Last updated