Forget Meme Coins, Legit DeFi Is Here For Base Launch

According to a tweet by Messari (@MessariCrypto), a crypto intelligence platform in the crypto space, the Base ecosystem (@BuildOnBase) is gradually taking shape with its full launch scheduled for August 9th. The tweet confirms deployments from several platforms including Aave, Uniswap, Balancer, Sushiswap, Hop (bridge), DIA (oracles), Synapse (bridge), Stargate (bridge), and Wormhole (bridge). Additionally, governance proposals and active votes are coming from Compound and GMX (perps).

Messari’s tweet indicates a significant development in the Base ecosystem, showcasing the integration of various platforms and services. This could potentially lead to a more robust and interconnected ecosystem, contributing to the overall growth and utility of Base.

Here are some key points to consider:

  1. Integration of Multiple Platforms: The integration of various platforms like Aave, Uniswap, Balancer, and others into the Base ecosystem could potentially enhance its functionality and utility. How might this integration affect the overall performance and value of Base?
  2. Governance Proposals and Active Votes: With governance proposals and active votes coming from Compound and GMX (perps), it indicates an active community participation in the Base ecosystem. How might this active governance influence the future direction of Base?
  3. Future Developments: Messari’s tweet ends with a question – “Who are we missing, and what’s next?” This suggests that there might be more developments and integrations in the pipeline for the Base ecosystem. What could be the potential future developments and their impact on Base?
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In a follow-up tweet, Messari mentioned additional entities that have signaled to build on Base, which were initially overlooked. These include @synthetix_io, @graphprotocol, @chainlink, @axelarcore, @drpcorg, @thalesmarket, @MoonwellDeFi, @AragonProject, @ankr, and @DLN_Trade. This information further emphasizes the growing interest and active development in the Base ecosystem.

Coinbase launched Base in an effort to create a more open financial system. The concept of Base was first introduced in 2016 by Brian Armstrong, the Founder & CEO of Coinbase, as part of the Coinbase Secret Master Plan. The vision was to create an open financial system that would increase economic freedom globally.

Base is a new Ethereum-based blockchain, built by Coinbase as a Layer 2 (L2) network. It offers a secure, low-cost, developer-friendly way to build decentralized applications (dApps). As a Layer 2 network built on top of the Ethereum blockchain, Base is an EVM-compatible chain that uses Optimism’s OP Stack under the hood

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

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