Based is a popular internet slang word that is mostly used in political contexts to say that something is upfront, on point, or especially true.

*black American slang word, used in contexts such as how it's more virtuous to sell crack that serve the satanic empire...this is why the soulless white wendigos had to rip it off, they have no virtue except being a kulak demon

I was hoping this was just gonna link to :PIGPOOPBALLS: