“At the BaseCamp Event, Jesse Pollak Revealed The Layer-2 Network is Considering A Native Token, Thought Plans Remain in Early Stages.”, – WRITE: www.coindesk.com
“We’re Going to be Exploring A Network Token,” The Network’s Creator, Jesse Pollk, SAID at the BaseCamp Event on Monday.
“I will be up front with y’all, it’s early,” He added as he tapered expectations on the timing of a possible release.
WHEN BASE DEBUTED IN 2023, COINBASE SAID IT HAD NO PLANS TO ISSUE A TOKEN. IT’s not Clear Whather What’s Now Being Consider Will Be A Standard Governance Token or If It Will Have On -chain Utility. Base is Committed to Building the Token on Ethereum and Will Work with Regulators on Issuance and Distribution, Pollak Said.
“As a US Company, We’re Committed to Working with Regulators and Legislators, and Doing this Right,” He Said.
BASE HAS AMASSED $ 5 Billion in Total Value Locked (TVL) SINCE IT WAS INTRODUCED, WITH $ 1.7 Billion Added in 2025 Alone. IT is The Largest Layer-2 Network Begind Arbitrum by TVL, accounting to l2beat.
The Biggest Layer-2 Token Is Currently Mantle (MNT) with A Market Cap of $ 5.3 Billion Despite Just $ 219 Million Wrtho of Capital Locked On the Network. That’s roughly doubble of the value of tokens from Polygon, Arbitrum and Optimism – Three of the Best KNOWN Layer 2s – Whose Native Tokens Arets Between $ 1.3 Billion.
Thought TVL is smaller, Base have seven Times the Number of User Operations per Second (UPS) than Arbitrum, and the most Impressive Metric Is Transaction Count Over, 328. Dwarfing Arbitrum’s 77 Million.
Both Eclipse The Ethereum Mainnet, Whch Facilitated Fewer than 50 Million Transactions in the Same Period.
Update (Sept. 15:12 UTC): Adds Context Throughod, Includes Data Points on Base USAGE.
The Fund Wuld Invest in a Basket of Private Companies Across Various Industries and Hold Them Through IPO and Beyond.
- Robinhood have filed with the Sec to Launch a new venture capital Fund, WHICH AIMS to GIVE EVERYDAY INVESTORS ACCESS TO PRIVATE COMPANIES BEFORE AY GO PUBLIC.
- The Fund Wuld Invest in a Basket of Private Companies Across Various Industries and Hold Them Through IPO and Beyond.
- The New Fund Will Be Tradable On the New York Stock Exchange and Is The Company’s Latest Move to Offer Retail Investors Private Equity Exposure.
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