Toggle Side Panel

Shopping Cart

No products in the cart.

Shopping Cart

No products in the cart.

Close search

The Base Network: Bridging Centralized Users to Decentralized Finance

jeordanburkhart
Jeordan Burkhart April 14, 2024
138 Comments

In the ever-evolving landscape of cryptocurrencies and decentralized finance (DeFi), one network has emerged as a crucial pipeline bridging the gap between centralized platforms and the decentralized world: the Base network. In this post, we’ll explore the significance of the Base network in connecting users from centralized exchanges like Coinbase to the realm of DeFi. Additionally, we’ll delve into three prominent decentralized applications (DApps) operating on the Base network and shed light on their unique features. If you were here for Coach Tom’s Saturday School presentation, a couple of these applications should look familiar!

The Base Network: A Bridge to DeFi

Centralized exchanges like Coinbase have long been the entry point for many individuals venturing into the world of crypto. However, as the DeFi space continues to flourish, there’s a growing need for seamless interoperability between these centralized platforms and decentralized protocols. This is where a network like Base can really shine.

The Base network serves as a vital conduit for Coinbase users to various DeFi applications and protocols, allowing for an easy transition from the centralized exchange to self-custody in DeFi. In recent months, the Base network has seen drastic increases in usage and total value locked (TVL). As crypto becomes more and more mainstream, I expect to see a lot of DeFi newbies coming to the space from Coinbase. That said, it only makes sense that some of their first interactions with DeFi would take place on Coinbase’s blockchain.

Decentralized Exchanges on the Base Network

  1. Aerodrome– Aerodrome stands tall as a prominent player in the Base network’s ecosystem. Renowned for its intuitive interface and robust infrastructure, Aerodrome empowers users to trade digital assets in a decentralized manner while maintaining full control over their funds. While the other DApps I mention operate on a multiple networks, Aerodrome is focused solely on the Base network. Aerodrome is the top DEX on Base as of this post, with over $700M in TVL. Moreover, Aerodrome prioritizes security and user privacy, implementing rigorous measures to safeguard users’ assets and personal information.
  2. Uniswap- Uniswap has long been one of the pioneering decentralized exchanges across many networks, offering users a decentralized trading experience coupled with unparalleled liquidity. Built on the principles of transparency and security, Uniswap allows users to trade a diverse range of cryptocurrencies directly from their wallets, without the need for intermediaries. With its automated market-making (AMM) mechanism, Uniswap ensures fair and efficient price discovery, enabling seamless token swaps with minimal slippage.
  3. ExtraFi– ExtraFi rounds out the trio of decentralized applications on the Base network. What makes ExtraFi a little different than the the last two is that it is more of a farming, staking, and lending protocol. Leveraging cutting-edge technology, ExtraFi provides users with the ability to earn yield in several different ways across a multitude of crypto assets. There is also a bridge built into the DApp for a seamless transfer of funds from one network to another. If you’re looking to utilize this DApp, you can do so on the Base and Optimism networks.

Conclusion

The Base network serves as a crucial infrastructure bridging centralized users to the realm of DeFi. By providing a seamless transition pathway, the Base network empowers users to access a myriad of financial services while retaining control over their assets. With decentralized apps like Aerodrome, Uniswap, and ExtraFi leading the charge, the Base network continues to catalyze the adoption of DeFi, ushering in a new era of financial sovereignty and inclusivity. As the crypto space continues to evolve, the Base network stands as a beacon of innovation, fostering a more accessible and equitable financial ecosystem for all. Let me know what you think in the comments below!

Categories: Uncategorized

Related Articles

How can VPN Help in Crypto

Hey there! If you’re dipping your toes into the world of crypto and DeFi, you’ve probably heard that security is key. You might be wondering, “What’s a VPN, and why do I need one for crypto?” Let me walk you through it. I’ll try to keep the jargon to a minimum, but it’s important that…

To access this post, you must purchase Galaxy Membership, Galaxy Membership Monthly BU, Galaxy Membership (Event) – Monthly, Galaxy Membership (Event) – Yearly, Apex Membership, APEX, APEX, Apex Membership – Lifetime, 1 Payment, Apex Membership – Lifetime, 3 Payments, APEX or Galaxy Membership 6-Months.

jeremyl
Jeremy Larsen February 3, 2024

A Fiat Analogy to Understand L1’s and L2’s

In today’s Saturday School, Coach Casey did a great job of breaking down the utility of L2’s and why we would want to use them. But there is still quite a bit of confusion as to what actually are L1’s and L2’s. I brought up a quick analogy in the chat, but I want to…

To access this post, you must purchase Galaxy Membership, Galaxy Membership Monthly BU, Galaxy Membership (Event) – Monthly, Galaxy Membership (Event) – Yearly, Apex Membership, APEX, APEX, Apex Membership – Lifetime, 1 Payment, Apex Membership – Lifetime, 3 Payments, APEX or Galaxy Membership 6-Months.

jeremyl
Jeremy Larsen June 8, 2024

Do You Have A Plan For This Bull Run?

For a lot of you newer folk, some of this

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

jeordanburkhart
Jeordan Burkhart March 2, 2024
151 Comments

Metamask or Rabby?

When you are first starting out in crypto, the number of different wallets that are available can be overwhelming. In this post, we’ll take a look at a couple pros and cons of the two most common wallets. The top two choices for EVM-compatible software wallets are Metamask and Rabby. It is important to know…

To access this post, you must purchase Galaxy Membership, Galaxy Membership Monthly BU, Galaxy Membership (Event) – Monthly, Galaxy Membership (Event) – Yearly, Apex Membership, APEX, APEX, Apex Membership – Lifetime, 1 Payment, Apex Membership – Lifetime, 3 Payments, APEX or Galaxy Membership 6-Months.

jeordanburkhart
Jeordan Burkhart January 19, 2024

Navigating the Crypto Wave: A Beginner’s Guide to Investing in the Future

Felcome to the exciting world of cryptocurrency and decentralized finance (DeFi)! If you’re a new investor eager to dive into this rapidly evolving landscape, buckle up, because you’re in for a thrilling ride. In this guide, I’ll walk you through the fundamentals of crypto and DeFi, discuss their potential impact on the future, and offer…

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

To access this post, you must purchase Launchpad.

jeordanburkhart
Jeordan Burkhart April 17, 2024
128 Comments

Responses

Leave a Reply to binance

Your email address will not be published. Required fields are marked *

Cancel reply

  3. erc 1155 November 30, 2025

    Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .