# Token — Purpose & Protections

<figure><img src="/files/yFf8IY7hRXExR7o65FfA" alt=""><figcaption></figcaption></figure>

This section describes the purpose, risk protections, and distribution of the BasePerp token (BPERP). The token’s economic role is intentionally conservative during early phases and may evolve after audits, market feedback, and governance.

### 9.1 Security Module & Slashing Bound

A rules-based Security Module can be activated to provide a limited backstop for clearly defined shortfall events—without socializing routine trading losses.

**How it works**. Participants may stake BPERP into the module. If a shortfall event that meets on-chain criteria occurs, a portion of the staked pool may be used to cover the deficit.\
**Bounded risk**. Slashing is capped by a public parameter, securitySlashCap, and any action proceeds through timelocked procedures with transparent notices.\
**Recovery path**. After an event, replenishment mechanisms (e.g., treasury allocations, temporary fee surcharges) follow published policies and timelocks.

### 9.2 Utility — Discounts, Boosts, Access

Utility features are budgeted to avoid balance-sheet risk while improving user economics and participation.

* **Fee discounts**. Qualifying stakers/holders may receive reductions to the win-based fee (via profitFeeRate), subject to per-epoch caps
* **Incentive boosts**. Non-transferable XP multipliers for stakers, with ceilings disclosed per season.
* **Priority access**. Early access to betas or advanced UI modules. These utilities do not confer rights to revenue, equity, or governance by default.

### 9.3 Tokenomics

**Total Supply: 6,400,000,000 BPERP** (fixed at TGE). Unlock schedules are on-chain and transparent.

**Allocation Table**

<table data-header-hidden><thead><tr><th width="207"></th><th width="138.5999755859375"></th><th width="100"></th><th width="78.5999755859375"></th><th width="101"></th><th></th></tr></thead><tbody><tr><td>Category</td><td>Amount of Tokens</td><td>Allocation</td><td>TGE Unlock</td><td>Cliff (mo)</td><td>Vesting (mo)</td></tr><tr><td>Public Token Sale</td><td>1 600 000 000</td><td>25%</td><td>15%</td><td>0</td><td>11</td></tr><tr><td>Liquidity Provision &#x26; Market Making</td><td>960 000 000</td><td>15%</td><td>5%</td><td>0</td><td>18</td></tr><tr><td>Core Team &#x26; Early Contributors</td><td>1 024 000 000</td><td>16%</td><td>0%</td><td>4</td><td>36</td></tr><tr><td>Growth Programs &#x26; Missions</td><td>768 000 000</td><td>12%</td><td>0%</td><td>1</td><td>24</td></tr><tr><td>Ecosystem Growth &#x26; Partnerships</td><td>768 000 000</td><td>12%</td><td>0%</td><td>3</td><td>24</td></tr><tr><td>Community Incentives &#x26; Referrals</td><td>768 000 000</td><td>12%</td><td>0%</td><td>1</td><td>18</td></tr><tr><td>Operations Reserve &#x26; Protocol Backing</td><td>384 000 000</td><td>6%</td><td>0%</td><td>1</td><td>36</td></tr><tr><td>Airdrop &#x26; Bug Bounties</td><td>128 000 000</td><td>2%</td><td>0%</td><td>0</td><td>12</td></tr></tbody></table>

**Allocation Breakdown:**

9.3.1  Public Token Sale (25% / 1,600,000,000 BPERP)

* **TGE Unlock**: 15% of pool
* **Cliff**: None
* **Vesting**: Remaining 85% linearly over 11 months
* **Purpose**: Fair public access with controlled circulation after launch

9.3.2 Liquidity Provision & Market Making (15% / 960,000,000)

* **TGE Unlock**: 5%
* **Cliff**: None
* **Vesting**: Linear over 18 months
* **Purpose**: Deep order books and stable trading across CEX/DEX

9.3.3 Core Team & Early Contributors (16% / 1,024,000,000)

* **TGE Unlock**: 0%
* **Cliff**: 4 months
* **Vesting**: Linear over 36 months
* **Purpose**: Long-term alignment and retention

9.3.4 Growth Programs & Missions (12% / 768,000,000)

* **TGE Unlock**: 0%
* **Cliff:** 1 month
* **Vesting**: Linear over 24 months
* **Purpose**: User acquisition campaigns and trading missions

9.3.5 Ecosystem Growth & Partnerships (12% / 768,000,000)

* **TGE Unlock**: 0%
* **Cliff**: 3 months
* **Vesting**: Linear over 24 months
* **Purpose**: Integrations, partner programs, and developer grants

9.3.6 Community Incentives & Referrals (12% / 768,000,000)

* **TGE Unlock**: 0%
* **Cliff**: 1 month
* **Vesting**: Linear over 18 months
* **Purpose**: Rewards for active traders, referrers, and loyal participants

9.3.7 Operations Reserve & Protocol (6% / 384,000,000)

* **TGE Unlock**: 0%
* **Cliff**: 1 month
* **Vesting**: Linear over 36 months
* **Purpose**: Sustainable operations and protocol resilience

9.3.8 Airdrop & Bug Bounties (2% / 128,000,000)

* **TGE Unlock**: 0%
* **Cliff**: None
* **Vesting**: Linear over 12 months
* **Purpose**: Recognize early users and security researchers


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://baseperp.gitbook.io/baseperp-whitepaper/token-and-safeguards/token-purpose-and-protections.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.