> For the complete documentation index, see [llms.txt](https://basedinc.gitbook.io/basedbid/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basedinc.gitbook.io/basedbid/explainers/litepaper.md).

# LitePaper

**We're building the infrastructure that&#x20;**<mark style="color:$primary;">**sets a new standard**</mark>**&#x20;for how tokens are launched, across&#x20;**<mark style="color:$primary;">**every major chain**</mark>

<details>

<summary><strong>The Problem</strong></summary>

The current launch ecosystem is broken. Platforms <mark style="color:$primary;">extract the majority of fees</mark> from creators. KOLs receive tokens and are <mark style="color:$primary;">forced to dump</mark> them. Tax models accumulate tokens and sell them in batches, <mark style="color:$primary;">tanking charts</mark>. Contracts <mark style="color:$primary;">can't evolve without relaunching</mark> from scratch

**Projects take all the risk. Middlemen take all the value**

</details>

<details>

<summary><strong>Our Solution</strong></summary>

**We rebuilt the entire stack from the ground up**

<mark style="color:$primary;">**Launch in seconds:**</mark> Deploy a token, LBP or Board <mark style="color:$primary;">instantly</mark> with optimized defaults. No setup friction. No waiting

<mark style="color:$primary;">**Programmable fee routing:**</mark> Define exactly who earns from every swap: creators, KOLs, incubators, communities, buybacks. Fees are captured in the native asset at the swap event, so there's no token accumulation and <mark style="color:$primary;">no contract-driven sell pressure on your chart</mark>

<mark style="color:$primary;">**Boards:**</mark> Programmable launch environments that let KOLs, incubators, and communities turn distribution into <mark style="color:$primary;">recurring on-chain revenue</mark>, with their own rules, market caps and DEX selection

<mark style="color:$primary;">**Multi-chain and capital-efficient:**</mark> Deploy across major EVM chains and Solana. Built-in anti-snipe and anti-MEV protection included

<mark style="color:$primary;">**Built to last:**</mark> Fee control starts with the creator and can transition to the community through DAO-style governance. <mark style="color:$primary;">Projects survive founder exits and CTO events without ever relaunching</mark>

<div data-with-frame="true"><figure><img src="https://3527517113-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FY8k5Pri8O9lw2SMUjS2v%2Fuploads%2FeVWgWCmGCEp8wJPtVtLu%2Fnext%20gen%20features2.png?alt=media&amp;token=0faf8f48-e67e-4e66-97ca-4263898b34c2" alt=""><figcaption></figcaption></figure></div>

</details>

<details open>

<summary><strong>TL;DR</strong></summary>

Deploy on any chain, at any market cap, on your chosen DEX in seconds. Define who earns, how fees flow, and how rewards are paid. <mark style="color:$primary;">**No middlemen extracting value**</mark>. <mark style="color:$primary;">**No contract dumps destroying your chart**</mark>

**This is the new standard**

<div data-with-frame="true"><figure><img src="https://3527517113-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FY8k5Pri8O9lw2SMUjS2v%2Fuploads%2FlLoBGJK4CFnEMYLYnxbm%2Fonly%20on%20based%20bid%202.png?alt=media&amp;token=a308a345-28df-48d2-86e3-3092c7288fa3" alt=""><figcaption></figcaption></figure></div>

</details>