BASE Chain Future Moonshot Discussion

[Anonymous No.53931015]

BASE is covering the costs to use Chainlink to build protocols. It will be low cost and risk to start developing on their chain.

I suspect we will see an explosion of development in a relatively short amount of time as a result

An easy opportunity for 20x-100x returns in weeks or just a few months.

Coinbase has millions of users on their platform. Most of those users unfortunately have no idea how to interact with blockchain.

I'm envisioning a scenario where people with even a modicum of understanding will be able to interact with these new protocols, probably get airdrops or incredibly low buy ins as a result, and then Coinbase will eventually list them on their platform where less informed retail will then purchase them at a significant premium.

The question is what are obvious wins here that will be cloned on the BASE chain?

I'm going to do heavy research on every protocol released on BASE for first mover advantage as time passes. Clearly there will DEXes and maybe perpetual futures. Buy their token and sell when it gets listed to Coinbase or if it pumps prior.

Rinse repeat

Thoughts and discussion?

[Anonymous No.53931024]

>>53931015
I have more Link than you

[Anonymous No.53931035]

>>53931024

Maybe I hope you do friend

Thoughts about the topic at hand?

[Anonymous No.53931072]

Potential protocols that may be developed.

DEX
Perpetual Futures
Lending
Liquid Staking
NFT platforms
Options
Protocol Insurance
Bridges

What else?

Getting into to some of these early and yield farming will be insanely profitable

I missed a lot of free money when AVAX first launched unfortunately. It was unreal how much some people made on things like Trader Joe.

[Anonymous No.53931135]

BUMP

I mean no one wants to make money I guess?

On Uniswap alone I made $15K in aidrops performing around 5 swaps spending $100 gas in total.

It was effortless. I found a 2nd wallet I forgot I even had months later after UNI pumped a bunch and sold the first 400 a bit low.

Hell depending on the protocol people might even be able to farm wallet interacts. Tons of got $100K on the UNI airdrops.

DYDX was another big one.

Lots of opportunity here imo with little risk involved. Rarely even requires buying anything just providing liquidity or performing actions for the cost of just gas.

[Anonymous No.53931150]

How do I participate

[Anonymous No.53931189]

>>53931150

Nothing to participate in yet. Over the coming months, developers will be pumping out new protocols on BASE chain.

Its up to you and us to find promising projects or speculate on what types of projects will be moon shots.

I mentioned Trader Joe or the JOE token. It went around 100x in nearly 3 weeks. It was nuts.

From around $0.03 to $4.50 roughly in about 6 weeks.

It was basically just a clone of Sushiswap. You could stake your JOE token for one that got yield from swaps on the protocol. Then do other stuff with that token like borrow against etc.

Many people made hundreds of thousands but you had to be so fucking early.

[Anonymous No.53931205]

>>53931189
when does mainnet go live

[Anonymous No.53931211]

>>53931015
Is Coinbase the bridge to get onto base? Is it a KYC chain?

[Anonymous No.53931220]

>>53931205

I'm actually going through the docs as we speak to find out.

>>53931211

Its an EVM so I believe you can just add the network to Metamask. It wouldn't surprise me if they tried to make it KYC somehow though but as of my understanding now I don't think it is.

[Anonymous No.53931242]

>>53931205
It’s not anytime soon if link is involved. They are holding up aave and a shit load other projects

[Anonymous No.53931252]

>>53931189
Can you please stop calling dapps "protocols?" I fkn hate when ppl do that. Base is the protocol. All those that run on it are dapps. Stop confusing ppl.

Now. I agree with what you're saying. Is there any shot at all that BASE will have a token? I couldn't imagine given how far Armstrong has been getting fcked by US government.

As far as your original question, my plan is to bet on the shitcoins getting ported. For instance the first meme coin shiba/doge base version that appears will be an instant buy from me. Then the other shitcoin clones that are running on Arb rn, I'll be buying up and likely developing and porting myself if I have enough time.

Any info on timeframe of mainnet launch?

[Anonymous No.53931255]

>>53931220
Even so, as a L2 you need a bridge to access it. I can't just send ETH from the eth mainnet to it

[Anonymous No.53931259]

crypto ghouls are back

[Anonymous No.53931264]

>>53931255

Sure which means you will either have to use Coinbase native bridge which will be KYC or use one of the other 3957395739587 bridges in existence like Synapse who will add the network as soon as possible I'm sure.

[Anonymous No.53931276]

>>53931264
I like Hop Protocol. You should too.

[Anonymous No.53931287]

>>53931252
>Can you please stop calling dapps "protocols?" I fkn hate when ppl do that. Base is the protocol. All those that run on it are dapps. Stop confusing ppl.

Based on the context people understand what I'm saying. Its not confusing at all. I won't be responding to any other statements about this.

In regards to the other things, a DOGE coin makes sense but I'm sure there will be many other opportunities as well. I listed basic possible utility in a reply above.

[Anonymous No.53931291]

>>53931189
Here's the ecosystem that launched with Base.
Notice how they involved Sushi and not Uni. Could be something to keep an eye on for the next bull run.

[Anonymous No.53931309]

>>53931035
1000 eoy

[Anonymous No.53931312]

>>53931291

I'm not looking to buy a token that is already out. It might be a valuable strategy to get gains if any of those get listed on Coinbase that aren't already or see an influx of liquidity from easy bridging through a Coinbase native bridge but I'm looking for new tokens that will likely be clones of things in that list.

As I said in a previous post, The JOE token was essentially a clone of the SUSHI token and really early buyers of JOE were handsomely rewarded.

I'm looking to buy these new tokens within the first 2 days of release but likely the literal minute they are available. I'm going to be stalking projects real hard for announcements and releases.

[Anonymous No.53931338]

Base Ecosystem Fund

We’re also announcing the Base Ecosystem Fund, which invests in and supports early stage projects building on Base that meet our investment criteria. If you’re interested, please fill out the form here.

I'm not seeing any Mainnet launch dates yet so I'm just going to be vigilant and check literally every day and probably follower their Twitter account.

Also here is this which definitely helped the AVAX network boom. AVALANCHE did something similar and had a fund to kickstart projects. I think HARMONY and MATIC did the same as well. AVAX put a lot of money into theirs though.


Base Ecosystem Fund

"We’re also announcing the Base Ecosystem Fund, which invests in and supports early stage projects building on Base that meet our investment criteria. If you’re interested, please fill out the form here."

[Anonymous No.53931342]

>>53931338
Kek didn't mean to double paste that

[Anonymous No.53931353]

>>53931015
Sounds promising anon. If and when you find a good project I suggest you make a thread about it and it link it to this thread.

[Anonymous No.53931368]

>>53931338
hmm still seems a long way away. Thinking Q4 of 2023. Oct/Nov time. Same timing as UNI's launch and yes I got the airdrop and bought UNI day 1 too. Made $20k that day. Fuck I miss 2020 DeFi bullrun so much bros. I hated the 2021 NFT, memecoin bullrun, 2020 was way more comfier and way more profitable as none of the faggot normies and their faggot ape pictures were involved.

[Anonymous No.53931370]

>>53931353

Will do

Last thing I found on BASE blog:

"Where we go from here"

"Our focus right now is running a successful testnet with builders and developers who join the Base ecosystem. We expect this to be an iterative process and look forward to working together to make Base successful.

In the weeks ahead, we’ll share our roadmap to mainnet and provide more developers resources for building on Base — stay tuned."


So as of now we are just waiting for mainnet and road map information. They launched testnet on Feb 23rd so ideally we will get some more information in 2-3 weeks.

[Anonymous No.53931380]

Based thread, anon, it's been a long time since /biz/ actually collaborated on anything. I think it's an easy narrative to sell, and a good ecosystem to get into ASAP. I'll contribute what I can, in terms of research, when it gets closer to going live.

[Anonymous No.53931381]

>>53931368

2020 DEFI was fucking awesome. I basically didn't participate or make anything from NFTs.

Didn't buy meme coins either. That DEFI summer was unreal though.

I'll say though that once BASE mainnet launches it could literally be less than a week for apps to launch and tokens available so it can all come quick. I'm going to be watching closely for mainnet. Literally will be checking everyday.

[Anonymous No.53931382]

I’m with you OP. I think it’s worth going all out for as soon as it’s launched because it will get frothy quick so the sooner the better. Looking forward to it though. All the usuals like a DEX token, gambling coin, etc will be hits if any of the project team are legit and can drum up hype. Maybe it’ll feel like DeFi summer 2020 all over again.

[Anonymous No.53931385]

>>53931015
BASE is forked from Optimism ETH scaling L2 protocol and is not even using the OP token. Goybase has no interest in benefiting other protocols other than their own ecosystem. I could see them using some aspect of Chainlink without any use of the LINK token.

[Anonymous No.53931386]

>>53931380

Sounds good and BASEd

[Anonymous No.53931394]

>>53931385
Wait so what token are they using? Just bETH or something?

[Anonymous No.53931395]

>>53931382
>gambling coin,

Were there any gambling tokens that had exponential gains? Maybe something like SAFEMOON perhaps as well?

[Anonymous No.53931403]

>>53931394

ETH for gas like Optimism

>>53931385

Applications on BASE using Chainlink for feeds, VFR etc will have to pay in LINK obviously.

That being said LINK has nothing to do with the thread other than that Coinbase will be paying gas expenses to use Chainlink services for new developing applications which should foster quick growth of their ecosystem.

I don't understand what your point of saying any of that is whatsoever.

[Anonymous No.53931404]

>>53931015
>The question is what are obvious wins here
gether and dyor fag

[Anonymous No.53931422]

>>53931403
It’s astounding that Link still hasn’t mooned but rather just keeps dumping

[Anonymous No.53931425]

>>53931404
>gether
aka goerli eth

[Anonymous No.53931477]

>>53931425
nobodies buying your testnet token PnD.

[Anonymous No.53931488]

>>53931422

Kill yourself this isn't about LINK go make your own thread or join one of the 10 that should be in the catalog faggot.

[Anonymous No.53931551]

>>53931395
Recently rollbit for sure. Even Arcadeum on Arbitrum mooned 10-20x

[Anonymous No.53931617]

>>53931488
>Kill yourself this isn't about LINK
I sleep

[Anonymous No.53931803]

Interesting. How do you plan to buy these tokens before they are listed? I mean technically, what are the steps to do something like this? Is there a BASE equivalent of Uniswap? t: CEX retard

[Anonymous No.53931836]

>>53931803

Its all speculation. Once mainnet is live one of the first applications built will almost definitely be a DEX of some kind.

I suspect what will happen is that early users on the BASE protocol will obviously be able to buy low, liquidity farm the DEX token, and potentially get an airdrop from interacting with the application. Some combination of those three.

Eventually as time passes Coinbase will likely list the most successful BASE ecosystem tokens at a premium price that retail will eventually buy.

They may even provide staking services for those on Coinbase too. Whatever the BASE equivalent of buying JOE and then staking for xJOE for trading fees yield.

Just keep an eye for mainnet announcements as applications will be popping up quick and you have to be FAST to get in early.

I.E. Ideally the day the token lauches if not within hours of its launch.

[Anonymous No.53931888]

>>53931264
Theres the base bridge though, non-kyc and i used it to transfer goerli eth between goerli tesnet to base goerli testnet for keks and it has to be the bridge they will also use after mainnet releases for trx’s between L0 & L2

[Insider No.53931933]

>Be me
>Co-founder of DeFi app with 5k monthly users for our prototype
>Consider deploying on Base next

Check back late May for mainnet.
Don't expect go get rich from new projects. Most dapps on launch day will be existing 'blue chip' ones, and those already on Optimism.

One thing I'm suspecting this that Coinbase will likely invest by purchasing equity and not tokens from these novel projects. They won't necessarily launch a token.

Also, check the actual block explorer for newly deployed contracts. Don't rely on announcements that come after the fact. Ape in if you want. Thank me later.

Oh and get a Coinbase account or you won't be able to get on there, kek

[Anonymous No.53931962]

>>53931933
>get a Coinbase account or you won't be able to get on there
Oh well guess i’ll stick to the million other l2’s then kek

[Anonymous No.53932026]

>>53931933
>check the actual block explorer for newly deployed contracts

This is good advice and how I was finding gems on Avalanche years ago.

>>53931933
>Oh and get a Coinbase account or you won't be able to get on there, kek

I have one but I don't see how that will matter when you can just bridge from Synapse for example. I'm sure many bridges will add the functionality ASAP

[Anonymous No.53932050]

How is this thread not deleted for advertising ?

[Anonymous No.53932096]

>>53932050

Its obviously not advertising? Its discussion of possible future BASE projects and what types of applications might do well assuming you get in early.

Are you retarded?

DEX Yield token like xJOE or xSUSHI, maybe DOGE tokens on the chain.

We are speculating on what will be worth buying into early. I believe its likely that successful BASE chain ecosystem tokens will eventually be listed on the Coinbase CEX where they then be available to 110 Million retail users.

Buying the right ones on the actual chain before potential listings could offer huge gains.

[Anonymous No.53932122]

>>53932096
Umm can like you stop advertising to me like right now freak

[Anonymous No.53932151]

>>53932096
will this make LINK pump?

[Anonymous No.53932170]

>>53931072
>Lending
Research moonwell
Ex Coinbase devs already announced they will build on base, low MC, linking base and polkadot eco through glmr

[Anonymous No.53932206]

>>53931477
stay poor I guess

[Anonymous No.53932214]

>>53932170
OMG gross can you like stop advertising

[Anonymous No.53932316]

>>53932050
Base is probably the biggest news for crypto this year and you fags consider it shilling? Kek…Base isn’t even releasing any tokens to shill. So far it’s only an ETH scaling solution for a future ecosystem. There’s nothing to shill.

[Anonymous No.53932413]

>>53931933
>Also, check the actual block explorer for newly deployed contracts
pls spoonfeed

[Anonymous No.53932449]

>>53932413

When BASE mainnet goes live instead of relying on advertising through Twitter, /biz or other channels you can just go to BASE's equivalent of etherscan and look at the newly deployed contracts. I have multiple monitors so I'll have it auto refresh the page every 5 minutes to see when something new launches once mainnet is out.

I want to get into to some of these projects within minutes of launching. Literally as early as possible