Robinhood Chain utility token Based Ape Gang (BAG) is a fixed-supply token on Robinhood Chain tied to an NFT collection. Based Ape Gang (BAG) is a utility token on Robinhood Chain. It serves the Based Ape Gang NFT ecosystem by enabling holders to activate and enhance their apes through permanent burns. The token carries a fixed supply with no minting or upgrades after deployment. Ecosystem mechanics BAG burns into apes to unlock tokenized stock reward distributions from protocol fees. Holders burn BAG into their apes to activate earning weight and participate in reward cycles. Protocol revenue from NFT royalties and trading fees funds a vault that acquires community-voted tokenized stocks. Rewards distribute to activated apes on a recurring epoch schedule. Launch and community The token supports a community-owned NFT project with on-chain customization features. Based Ape Gang originated as a generative ape NFT collection with on-chain tailoring options. The associated BAG token launched with allocations for liquidity, airdrops to apes, operations, and founders. Community activity centers on the gang's X presence and website for updates and participation.

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