Mini thread on $AMPL vs $BASED distribution schemes.
$AMPL raised money in private sales where they sold around 22% of the original supply.
$BASED did not, instead distributing all tokens in a flash farm in August which last only a few weeks.
1/x Ampleforth has set aside more % of the network than was allocated to VCs for long-term liquidity mining programs.
BASED participation was limited to a few agile farmers and degens who could quickly participate in a limited time window.