The post Coinbase-backed Base Network Plans to Unveil Native Token Soon appeared first on Coinpedia Fintech News
Base network, the leading layer two scaling solution on the Ethereum (ETH) blockchain, has announced plans to launch its native token. After operating without a native token, the Base network, which is heavily bolstered by Coinbase Global Inc. (NASDAQ: COIN) exchange, will have a token to incentivize its community.
“We’re exploring a Base network token. It could be a great tool for accelerating decentralization and expanding creator and developer growth in the ecosystem. To be clear, there are no definitive plans. We’re just updating our philosophy. As of now, we’re exploring it,” Brian Armstrong, co-founder and CEO at Coinbase, noted.
What to Expect of the Base Network Token
According to the Base team at the BaseCamp 2025 in Stowe, Vermont, the native token will help the network continue building on Ethereum. Furthermore, the Base network token wi
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