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Born. Built. Backed.
Based Ape Gang is evolving from a collectible into an on-chain economic network built around 2,222 individual Apes.
At the center of the network is $BAG, a fixed-supply token used to activate and enhance Based Apes. There are no $BAG emissions required to create rewards — value entering the protocol comes from real economic activity: NFT secondary-market royalties and $BAG market activity.
The protocol runs on a simple cycle:
- Trade → Collect Fees → Acquire Assets → Distribute Assets → Burn $BAG → Strengthen Apes
A portion of protocol revenue enters the BAG Vault. The Vault uses those funds to acquire community-selected tokenized assets, which are then distributed among eligible Based Apes according to their Effective Weight. Meanwhile, holders acquire $BAG from the open market and permanently burn it into their Apes to activate them and increase their earning weight.
Three dimensions of value
- Natural — the Ape's original traits and rarity, frozen forever.
- Built — the lifetime $BAG a holder has permanently burned into the Ape.
- Backed — real assets accumulated inside the Ape's own on-chain account.