- BAS-70Negative
BAS(BNB Attestation Service) (@BASCAN_io)
Dear $BAS Holder, We are truly and deeply sorry for the market turbulence that happened today. This was caused by our misjudgment of the potential sell pressure from the 1% airdrop allocated to Binance Booster. Our intention was to reward early supporters and grow the community together — but we underestimated the short-term impact that such a large airdrop, combined with a high FDV, could bring to the market. As a result, it caused unexpected volatility, and we take full responsibility for this mistake. We also want to be transparent — similar large-scale airdrops were planned for the coming months. However, after seeing today’s outcome, we’ve realized that this approach is not sustainable or healthy for the project and community. We are now actively working to design a more balanced airdrop strategy, to reduce sell pressure and ensure fair benefits for all users. Please rest assured — we remain highly confident in the long-term value of the project. The team will gradually begin buybacks to help stabilize the market and show our commitment. We strongly believe in BAS’s core position as the BSC Attestation Registry, and in the fundamental importance of our product to the BNB ecosystem. BAS is not just another project — it’s the infrastructure that connects verification, trust, and value across the entire BNB Chain. Once again, we are very sorry for the disturbance and concern this caused. Thank you for standing with us, for your understanding, and for believing in what we are building. We will do better — and we will keep building for the long run. All with sincere apologies and confidence, The BAS Team