Decentralized Finance (DeFi) offers new financial tools and opportunities, especially on networks like Base, an Ethereum Layer 2 solution. However, risks like scams, contract vulnerabilities, and operational mistakes make it vital to approach DeFi cautiously—particularly for newcomers using small amounts. This guide will help you start your DeFi journey on Base, safely and confidently, minimizing the risks of getting “rekt” (suffering losses).Understand What Base IsBase is a Layer 2 blockchai...

Decentralized Finance (DeFi) offers new financial tools and opportunities, especially on networks like Base, an Ethereum Layer 2 solution. However, risks like scams, contract vulnerabilities, and operational mistakes make it vital to approach DeFi cautiously—particularly for newcomers using small amounts. This guide will help you start your DeFi journey on Base, safely and confidently, minimizing the risks of getting “rekt” (suffering losses).Understand What Base IsBase is a Layer 2 blockchai...

When you bridge your assets from one blockchain to another—like moving your funds to Base, the Ethereum Layer 2 developed by Coinbase—you open up new opportunities, but also face a new ecosystem and some important next steps. This guide will walk you through what happens after you complete a bridge to Base, how to access your funds, manage your assets, and safely participate in the platform. What Is Bridging, and What Changes Afterward? Bridging is the process of sending tokens (such as ETH, ...

When you bridge your assets from one blockchain to another—like moving your funds to Base, the Ethereum Layer 2 developed by Coinbase—you open up new opportunities, but also face a new ecosystem and some important next steps. This guide will walk you through what happens after you complete a bridge to Base, how to access your funds, manage your assets, and safely participate in the platform. What Is Bridging, and What Changes Afterward? Bridging is the process of sending tokens (such as ETH, ...

Understanding the Security and Trustworthiness of Base: A New User’s Perspective Base is an Ethereum Layer 2 (L2) network developed by Coinbase, designed to offer lower fees and faster transactions while still benefiting from Ethereum’s security. As more people use Base for DeFi, NFTs, and other crypto activities, it’s important to understand how secure it is, what audits it has undergone, and what risks you should keep in mind.What Is Base and How Does It Work?Base is built using Optimistic ...

Understanding the Security and Trustworthiness of Base: A New User’s Perspective Base is an Ethereum Layer 2 (L2) network developed by Coinbase, designed to offer lower fees and faster transactions while still benefiting from Ethereum’s security. As more people use Base for DeFi, NFTs, and other crypto activities, it’s important to understand how secure it is, what audits it has undergone, and what risks you should keep in mind.What Is Base and How Does It Work?Base is built using Optimistic ...

Getting Started Safely on BaseAs a new user on Base, the Ethereum L2 network built to make blockchain more accessible, it’s important to prioritize your security. While Base opens up a world of possibilities, onchain environments also attract scammers and malicious actors. Understanding key safety practices will help you build confidence, keep your funds secure, and avoid costly mistakes.Spotting Scams: Don’t Get FooledScams often rely on urgency or social engineering to trick users. Here’s h..

Getting Started Safely on BaseAs a new user on Base, the Ethereum L2 network built to make blockchain more accessible, it’s important to prioritize your security. While Base opens up a world of possibilities, onchain environments also attract scammers and malicious actors. Understanding key safety practices will help you build confidence, keep your funds secure, and avoid costly mistakes.Spotting Scams: Don’t Get FooledScams often rely on urgency or social engineering to trick users. Here’s h..