1/7
Why we build on Base

Coinbase, whose Base app has just launched and is still in Beta, became a $100B company in part because they fight to keep value onchain. 

@wasabiprotocol is built on that same principle:

🧵

Trade culture, on Leverage.
Backed by Electric Capital & Alliance.

https://wasabi.xyz

product @ wasabi.xyz

fun @ griftshop.xyz

2/7
Real onchain activity

Most platforms wrap perps in synthetics that never touch the blockchain.

We took the (much) harder path - true onchain positions - because it benefits traders, LPs, depositors and token teams alike.

3/7
Yield with no strings attached

Others show off single-digit APYs (then fine-print lockups and fees).

Right now our USDC vault is paying 23.8% APY.

No middlemen, no lockups, zero fees.

6/7
If you're at least intrigued, I want to make it simple for you:

1. Try Wasabi on @baseapp.base.eth 

2. Tell me what's confusing, clunky or great. DMs are open at any time.

3. I’ll personally airdrop Wasabi Points until the end of the week to anyone whose feedback helps us improve.

5/7
We feel incredibly aligned with the direction Base is taking, and are taking the Base app very seriously.

There’s <100 finance apps live today. We're sitting at #17 and building like there will be 10k+ apps.

The goal is to take #1 and to not let go.

4/7
Points ≠ Yield

We don’t inflate APY with incentives.

What you see in the vault UI is what you earn.

Wasabi Points are upside on top.