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Based Announcements
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Announcements from Based

Website: https://based.one/
Twitter: https://twitter.com/BaseOneX
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From Dec 1, 2023, cardholders can earn 1.5% APR on XSGD deposits in their SGD card account on BasedApp!

How to qualify? Maintain an average daily balance of 500 XSGD (S$500) throughout the month in your card account.

Interest calculations will be conducted at the end of each month, and cardholders will receive their rewards on the 5th of the following month.

How to deposit XSGD to qualify:

1. Select “Card” on the menu.
2. Click on "Deposit" and input at least 500 XSGD to qualify for the 1.5% rate. If you are also using the card for spending, please deposit enough funds to ensure that the total balance across each day is at least 500 XSGD.

Here's how to transfer funds to BasedApp:

👉 Bridge from another chain
👉 Deposit from exchanges
👉 Mint XSGD through StraitsX (Sign up, transfer, done!)
👉 Directly via bank deposits on our app (Coming in early Dec)

For the full guide, check out this article: https://basedapp.io/blog/xsgd-earn-get-1-5-apr-on-xsgd-deposits-with-basedapp
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Festive Bonus Alert! 🎉

From Dec 15-31, enjoy 2x points on every dollar spent! That's 6 points for every S$1! 🛍️

Also, our rewards catalogue drops next month. Stay tuned to discover the rewards you can redeem with your points! 😉
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Now you can easily top up your BasedApp card with XSGD via bank transfers! 🥳

Simply transfer SGD from your bank account and receive XSGD on your BasedApp card at a 1:1 exchange rate.

Here’s a quick guide!
https://basedapp.io/blog/basedapp-card-top-ups-made-easy-with-bank-transfers
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Celebrate the Year of the Dragon with BasedApp and join our festive red packet giveaway! 🧧

Refer friends and family to sign up for a BasedApp card to receive red packets worth up to 80 XSGD!

Here's how:
1️⃣ Refer friends between February 1st and 29th
2️⃣ Your friend activates their card and spends a minimum of $5
3️⃣ You'll then receive a red packet worth 10 XSGD on your card
4️⃣ Get up to 8 red packets (8 referrals)!

Read more here 👇
https://basedapp.io/blog/festive-red-packet-giveaway
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🛠️ Upcoming app maintenance!

🗓️ Date: Feb 22, 1am-2am SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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🛠️ Upcoming app maintenance!

🗓️ Date: Mar 6, 10pm-12mn SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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🛠️ Upcoming app maintenance!

🗓️ Date: April 3, 10pm-12mn SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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Starting April 4th, 12am SGT, we're implementing a new FX policy. Travel the world and seamlessly pay with crypto, unlocking the best FX rates with just a 1% foreign transaction fee.

Learn more about fees here: https://help.basedapp.io/en/articles/7991297-what-are-the-fees-for-the-card
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We are aware of an ongoing bug where BasedApp wallet is not able to retrieve the balances due to an API issue, and this is causing an issue with fund transfers out of the wallet. Other functions like swaps, deposits and card payments are not impacted.

Apologies for the inconvenience.

We are working to fix this issue. Rest assured, your funds are safe.
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The API issue has been resolved. Wallet balances and withdrawals out of the wallet is back to normal.

Do contact us if you still face any issues.

We sincerely apologize for any inconvenience caused.
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🛠️ Upcoming app maintenance!

🗓️ Date: May 30, 1:00am-2:00am SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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We are aware that users are currently facing issues with login to BasedApp. We are investigating the issue at the moment.

Card and payment services remain unaffected.
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The login issue has been fixed, all services are running as per normal.
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The BasedApp virtual card is now available, offering you secure online payments anytime, anywhere. Sign up today and receive your virtual card within hours – no more waiting around for a physical card.

Read all about it here: https://basedapp.io/blog/virtual-cards-are-here
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🛠️ Upcoming app maintenance!

🗓️ Date: Jul 9, 1:00am-2:00am SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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Our new Rewards Store is live! 🎉 Redeem your points for various rewards, including up to 1% cashback. Don’t see something you like yet? Save your points for upcoming rewards and [redacted]!

Find out more: https://basedapp.io/blog/basedapp-rewards-store

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BasedApp is now open to all Singapore residents—no access code needed! 🎉

Plus, join our new Referral Program: Refer a friend, and you both get 10,000 points. Refer 3 friends to redeem 30,000 points for 100 XSGD!

Learn more 🔎 https://basedapp.io/blog/refer-3-friends-and-get-100-xgd

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🛠️ Upcoming app maintenance!

🗓️ Date: Jul 24, 10:00pm-12:00am SGT

Card transactions and app features will be temporarily interrupted. We apologize for any inconvenience!
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The BasedGold Program is here, bringing you the gold standard with BasedApp. It features an exclusive Gold Card and a journey filled with incredible rewards. 🔑

Available to users in over 100 countries, we’re committed to serving the bankless community. 🌍

Register 👉 https://basedapp.io/gold#waitlist

The Gold Card
Crafted from 20g of stainless steel with a gold-polished mirror finish, this card lets you spend 1 USDC at a 1 USD rate with no top-up fees. Available in over 100 countries, it offers high spending limits, accelerated points, cashback, lifestyle rewards, and access to 1,500+ airport lounges. ✈️

Member Perks
A bigger and better BasedApp is coming. Join as a member to enjoy preferential fees, priority customer service, exclusive event invites, future native rewards, and more.

How to Join?
To join, mint an NFT in August and receive your membership and Gold Card by November. More details coming soon.

Exclusive Offer for Current Cardholders
Redeem 300,000 points for a free BasedGold membership through our in-app reward store. Valid until Oct 31, 2024, and limited to the first 20 redemptions.

Register
Coming soon worldwide — register your interest here https://basedapp.io/gold#waitlist

Learn more 👇
https://basedapp.io/blog/the-basedgold-program
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Everything you need to know about our upcoming BasedGold NFT mint and how to get your hands on the Gold Card! 👇

The BasedGold Genesis Collection has only 500 NFTs. All NFTs (except in-app ones) are tradable and grant access to the BasedGold program & exclusive Gold Card.

Mint phases:

👉 Phase 1 In-App Mint (For current BasedApp Cardholders)

BasedApp cardholders can mint the NFTs in-app (non-transferable) and will automatically receive a Gold Card once it's ready. For transferable/tradable NFTs, join Phase 2 or 3.

Date: Aug 19, 10AM (GMT+8)
NFTs: 30 (non-transferable)
Price: 0.39 ETH
Criteria: 1,000 lifetime points required

👉 Phase 2 Mint (Whitelisted Communities)

Date: Aug 19, 10 AM (GMT+8) - Aug 26, 9 AM (GMT+8)
NFTs: 100
Price: 0.42 ETH
Criteria: Arc Stellar, Pudgy Penguin and Lil Pudgy NFT holders can mint 1 NFT per eligible wallet

👉 Phase 3 Mint (Public)

Date: Aug 26, 10 AM (GMT+8)
NFTs: Remainder of the supply
Price: 0.52 ETH
Criteria: No limit per wallet

We will publish a guide and the mint link in the next few days.

For full details, check out basedapp.io/blog/basedgold-program-nft-mint-details
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Want to be the first to mint a BasedGold NFT?

We’ve prepared a tutorial guide that covers all phases of the mint.

basedapp.io/blog/basedgold-nft-mint-guide
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