Base chain adoption is increasing daily. The TVL has grow from $0 to $11B from August 2023 to date as you can see from the table below which is sourced from L2beat. Base chain accounts for nearly 30% of the entire Ethereum L2 chains TVL. Base has an average transactions fee of below $0.01 which is the cheapest among all the L2s. What do you deduced from the above? The TVL alone is enough to show how adopted and trusted the chain is. Take a look at Morpho for example which is a multichain Lending & Borrowing DeFi protocol. It has its highest liquidity provision on Base network. Uniswap transactions are majorly from Base chain, so is the pools supplies and borrows on Aave. Base is also transitioning to its own Unified stack from OP stack for more security and decentralization. Personally, I believe a Chain where security & adoption is, in terms of usage and liquidity should be where to be.
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Do You Know You Can Own Shares In US Oil & Gas Sector Through Base Blockchain. Base chain adoption in Real World Assets (RWA) has now reach a point where you can, as a Base user, own digital equity in US energy sector. Here is how: ▪︎Open account on @TokenizedEnergy and create a digital wallet. ▪︎Check any available Oil & Gas investment opportunities on the protocol? ▪︎Once you commit into any available energy assets there, a digital equity representing the asset in real life will be delivered to your wallet. ▪︎Profits earned (percentages according to your shares) will be sent to you digitally in USDC. I actually like how Base made getting involved in the U.S Oil and Gas sector more easier and accesible to everyone. Everything onchain from shares purchase to profits taking.
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Base L2 Chain New-User Walkthrough This content provides a detailed guide on how you can interact on Base Blockchain. Base is a layer2 scaling solution for Ethereum which has been running on public mainnet since August 2023. It is the cheapest and most adopted L2 blockchain currently. Before we dive fully into the guide, i will give some metrics with regards to Base, for you to see how trusted and adopted the chain is. Within 3 years of its public mainnet, Base has achieved: ▪︎The processing of more than 5.8 billion transactions. ▪︎Cheapest Ethereum L2 blockchain with average transaction cost of just $0.02 ▪︎A Total Value Secured (TVS) of more than $14 billion ▪︎Over 700 live ecosystem projects including Aave, Uniswap, Lido et cetra. Having seen these, let's fully go into the main business. Base uses Ethereum as gas token and this means you need Ether on Base network (ETHbase) to be able to interact on the chain.
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