The points system has started, and you can participate early.

Increase your rating and get a powerful multiplier for $BASE.

You can support us by minting this entry:

2/ First of all, let's start with the daily quests.

🔹Go to https://wallet.coinbase.com/ocs/share/summerpass?referral_id=33ac096e-6c56-4090-884a-f6bbf8a4330c&summerpass_id=0x3dc4cb21788205775d6302b25e8631b7bfdd66cb.

🔹Go to the Today tab.

🔹Complete the daily quests.

3/ Now complete the activities in the Play tab.

🔹Go to the Play tab.

🔹There are the same activities as the previous tab, but there are more of them, complete them too.

4/ Now go to the Progress tab where you will get badges.

🔹Go to the Progress tab.

🔹Scroll down to the Earn badges section.

🔹Earn badges.

🔹You can also spin the wheel daily, but you need to connect Coinbase Wallet to do so.

6/ You can now earn points and use them to buy items that will be available in the store soon.

🔹Go to the Shop tab.

🔹Now you can enter your email for updates.

7/ Also, don't forget an important part in the Base ecosystem - roles on the server. You can read a detailed guide about all available roles in the thread below.

The Buildathon features eight tracks, each focused on a specific area of innovation, including payments 💸, discovery 🔍, creator tools 🎨, social experiences 👥, gaming 🎮, commerce 🛍️, unplugged 🌎, and trading 📈. With industry giants like Stripe, Fleek, OurZORA, Farcaster, Thirdweb, Shopify, NounsDAO, AerodromeFi, and Synthetix participating, the possibilities are endless 🤯.

A New Era of Innovation

The Onchain Summer Buildathon marks a significant shift in the industry's focus towards mainstream adoption 🚀. By incentivizing builders to create solutions that are not only innovative but also user-friendly and accessible, we can expect to see a surge in adoption rates 📈. The event's emphasis on fun and gamification, particularly in the gaming track, is a clever move to attract a broader audience and make blockchain technology more appealing to the masses 🎮.

Empowering Creators and Communities

The creator track, in partnership with OurZORA, is a nod to the importance of empowering creators and artists in the ecosystem 🎨. By providing them with the tools and resources they need to thrive, we can expect to see a proliferation of innovative content and experiences that showcase the potential of blockchain technology 📺.

The unplugged track, in collaboration with NounsDAO, is another exciting development, as it focuses on making a real-world impact by bridging the online and offline worlds 🌎. This track has the potential to drive meaningful change and demonstrate the power of blockchain technology in creating positive social and environmental outcomes 🌟.

A Call to Action

The Onchain Summer Buildathon is more than just an event – it's a call to action for the entire ecosystem to come together and build something remarkable 💥. With registration now open on Devfolio, there's no excuse not to participate 📝. Whether you're a seasoned developer or a newcomer to the space, this is an opportunity to learn, grow, and contribute to the evolution of blockchain technology 🚀.

So, what are you waiting for? Join the Onchain Summer Buildathon today and be a part of something that will shape the future of our ecosystem 🌐.

Additional Resources

• Register for the Onchain Summer Buildathon: https://onchain-summer.devfolio.co 📊

• Create your own track using Bountycaster: https://bountycaster.xyz/onchainsummer 🎉

The Ecosystem Impact: Lower Fees, Increased Adoption

The implications of this upgrade are far-reaching, with the potential to democratize access to the Ethereum network. By making transactions faster and more affordable, EIP-4844 is poised to unlock new use cases, drive innovation, and bring more users onto the platform. This, in turn, will have a ripple effect on the entire ecosystem, as increased adoption leads to a more vibrant and accessible on-chain economy.

The Technology Behind the Revolution: EIP-4844 Explained

EIP-4844, first proposed by Protolambda and Ethereum researcher Dankrad Feist in 2022, introduces a new type of data called "blobs" associated with L1 blocks. These blobs are purely additive to Ethereum's existing capacity for data availability, allowing for a more efficient and cost-effective way to process transactions. The fee market for blobs is independent of regular transactions, ensuring that costs remain low even during periods of high congestion.

The Role of Base and Coinbase in EIP-4844

Base and Coinbase have been instrumental in driving EIP-4844 forward, contributing engineering resources, rallying community support, and helping to refine the specification. Their involvement has been crucial in delivering prototype implementations, driving consensus on key issues, and extending the OP Stack to use EIP-4844 blobs for data availability.

The Future of Ethereum: Danksharding and Beyond

EIP-4844 is just the beginning, with danksharding expected to deliver further scalability improvements to Ethereum and reduce data availability costs by another 10-100x. As the ecosystem continues to evolve, we can expect to see even more innovative applications of blockchain technology, from on-chain gaming to closed limit order book exchanges. The possibilities are endless, and Base is proud to be at the forefront of this revolution.

Celebrating a Milestone: "Delivery at Dawn" NFT

To commemorate this milestone, the Nouns Community, The Line, and Stateful Works have created a short film NFT, "Delivery at Dawn," which celebrates the arrival of EIP-4844. This unique piece of digital art is a testament to the power of collaboration and innovation in the Ethereum community.

As we look to the future, one thing is clear: the era of fast, affordable, and secure transactions on Ethereum is just beginning. And with Base at the helm, we can expect to see even more exciting developments on the horizon.

If you feel interested about this post, you could mint this entry to support us. Stay tuned more quality articles in the nearest future

Being endorsed by every major Layer 2s, including Base, its prominence is undeniable as minting this NFT will elevate your chance of getting airdrop in the future! Be quick as minting duration only lasts 20 days!

What is Delivery At Dawn NFT?

"Delivery at Dawn" isn't just another NFT; it's a tribute to EIP-4844, the groundbreaking technology laying the foundation for Ethereum's much-anticipated Danksharding upgrade (which will reduce Ethereum gas fee). This NFT represents not just a piece of art but an appreciation for a technological leap forward that will shape the future of blockchain.

For those actively participating in various L2 airdrops, minting this NFT is more than just a collection; it's an opportunity to be a part of history. But be warned, procrastination is not your friend here. Missing out this NFT could mean losing a significant airdrop opportunity.

How to mint Delivery At Dawn NFT

Unlike some of the "free mint" NFTs you might find on Zora, "Delivery at Dawn" comes with a minting fee—around $25. While this might be a departure from the freebies, it's a small price for what could be a valuable piece of the blockchain revolution.

For those ready to take the plunge, follow below steps to mint Delivery At Dawn NFT:

• Connect wallet (make sure you have at least 0.006 ETH in your wallet)

• Click on Mint & Sign in the Wallet popup

https://opensea.io/assets/0x72d07BeEBB80f084329Da88063F5E52f70f020A3/1

Congrats! Now you have Delivery At Dawn NFT.

The bottom line

Remember, in the digital asset space, timing is everything. Don't let this chance slip through your fingers. Mint "Delivery at Dawn" NFT and hold a piece of the future today, plus many airdrop chances to come!

WDYM is a fully on-chain social layer3 built to empower everyone to run a node, earn network incentives, and engage in decision-making processes. Deploy any EVM codebase with confidence, and seamlessly onboard your users and assets from Ethereum Layer 1 and other chains.

WDYM has been developed as an Ethereum Layer 3 solution, offering the security, stability, and scalability required to support your on-chain applications.

WDYM is built on the MIT-licensed OP Stack, in closely with Optimism. They are closely with the Core Dev team working on the OP Stack.

II. WDYM Operator

Key Details:

🔹 Date: February 27th

🔹 Location: WDYM Website

🔹 Requirements: Have $ETH in Base network

🔹 Sale Opening Price: 0.05 ETH.

The sooner you join, the more $esWDYM you will receive.

Note: All users owning a WDYM account will receive a 5% discount.

III. Why should you become an WDYM Operator?

🔹 Earn $esWDYM Tokens

🔹 Qualify for Network airdrops

IV. How to Become an WDYM Operator

Get some WDYM keys at http://node.wdym.wtf

🔹 Connect wallet

🔹 Add some $ETH to Base chain

🔹 Enter amount.

🔹 Confirm purchase.

Next download the WDYM-NODE app on your computer here:

GitHub - WDYM-network/NodeRunning

Contribute to WDYM-network/NodeRunning development by creating an account on GitHub.

https://github.com

Available on Windows only at the moment.

V. That’s a wrap

Don't miss out on this early potential airdrop from WDYM team! Join now and become an WDYM Operator to earn $esWDYM Tokens & Qualify for Network airdrops.

Stay tuned and follow us for more exciting updates coming soon!

Official links:

Website | WTF Profile | X | Discord | Docs | Opensea

Non Playable Coin (NPC) is a memecoin-NFT hybrid (MFT) building on Ethereum and Base. This means it's both a memecoin and an NFT. You can switch between the two forms 1:1 using their dapp.

Made for all 8+ billion of us, Non-Playable Coin is a profile picture for the people.

Now you can finally redeem your NPC token for your very own custom NPC with billions of combinations possible.

Every NPC deserves to be unique and special. Here’s how to support the current coin and get your own.

• The Custom NPC collection is minted on Base.

• To keep it as egalitarian as possible, 1 NPC redeems 1 Custom.

• Once minted, nobody else can have your unique combination.

• You can view all the Custom NPCs minted on OpenSea.

• This collection is called the Genesis Edition since it is the first one. The total supply for the Genesis Edition is capped at 155,443, the number of $PEPE holders as of 5:00 PM UTC on February 15th 2024.

• There will be more NPC Custom collections.

II. How To Mint Your Own Custom NPC on Base

Step #1: Get Some NPC

First, you’re going to need at least 1 NPC on Base to mint a custom.

How to buy NPC on Base? Check out this tutorial

TL;DR

Withdraw ~$3–5 of ETH on Base from Coinbase to your wallet

Go to aerodrome.finance and connect

Select NPC from the drop-down menu

Swap ETH for NPC

You’ll only need 1 NPC per custom mint.

Total cost for this step with gas? ~$0.20

Step #2: Create Your Custom

It’s time to create your own custom NPC.

Go to app.nonplayablecoin.io and choose your traits.

Keep in mind, some unique combinations may be more sought after than others and they can only be minted once.

Keep in mind, words typed in the textbox will not be minted.

Step 3: Time to Mint

Minting will require two transactions.

First, connect your wallet and approve 1 NPC to mint.

Once the transaction goes through, then click the button again to spend the NPC to mint your custom.

Total cost for this minting step with gas? ~$1

Congratulations! Your unique and special NPC is now on-chain and yours forever.

You can view and trade the collection on OpenSea.

III. More Info

Contract Address for NPC on Base: 0xb166e8b140d35d9d8226e40c09f757bac5a4d87

Chart: https://dexscreener.com/base/0x5e14319d52c9c18a04bfbbe12dd3a0fe3c1a816a

Twitter: https://twitter.com/NonPlayableCoin

Telegram: t.me/nonplayablecoin

This campaign features leading projects within the Base ecosystem - participate and contribute to be eligible earn exciting rewards and mint an exclusive commemorative NFT. This campaign highlights Base, a low-cost, builder-friendly Ethereum L2 network powered by Coinvise.

Immerse yourself in an eight-day Base Spotlight hosted by Coinvise, and explore the expansive on-chain universe. Uncover how cutting-edge projects are sculpting the Base ecosystem and enjoy the bonus of collecting rewards from your preferred projects throughout the journey!

Day 1: Base

🔹 Follow @Base on X

🔹 Hold 0.01 ETH on Base network

👉 Claim here: https://www.coinvise.co/spotlight/1

Day 2: Decent

🔹 Follow @decentxyz on X

👉 Claim here: https://www.coinvise.co/spotlight/2

Day 3: Showtime

🔹 Follow @Showtime_xyz on X

🔹 Hold ERC721 token @realkrsna, @am & @showtime

👉 Claim here: https://www.coinvise.co/spotlight/3

Day 4: Lenspost

🔹 Follow @Lenspostxyz on X

🔹 Mint Rave Guest pass

🔹 Create GM post and Publish to Community Drops. Check out this tutorial

👉 Claim here: https://www.coinvise.co/spotlight/4

Day 5: DLN

🔹 Follow @DLN_Trade on X

🔹 Bridge 50 USDC on DLN

👉 Claim here: https://www.coinvise.co/spotlight/5

Day 6: Lore

🔹 Follow @loredotxyz on X

👉 Claim here: https://www.coinvise.co/spotlight/6

Day 7: Coinvise

🔹 Follow @CoinviseCo on X

🔹 Join Coinvise Discord Server

👉 Claim here: https://www.coinvise.co/spotlight/7

Day 8: Mystery Box

🔹 Complete all Base Spotlight campaigns above

👉 Claim here: https://www.coinvise.co/spotlight/8

FAQs

1/ Do I have to pay for gas fees when minting?

Coinvise charges a fixed platform fee of 0.0005 ETH for collectors when claiming a campaign. However, no platform fees are charged for creating a campaign.

2/ Who is eligible to mint?

To be eligible, you need to satisfy 1 of the specified requirements mentioned above

3/ Is there any utility tied to these tokens?

The NFT may or may not have utilities associated with them. This could include benefits such as membership into the community, governance participation, access to exclusive content, events, or rewards tied to loyalty and reputation within the ecosystem. The specific utilities vary based on the project and campaign.

4/ How do I claim my tokens or NFTs?

Connect your favorite wallet, fulfil the specified requirements, and clicking the "Claim" button.

5/ Can I claim tokens or NFTs multiple times?

You can claim only once.

6/ Can I transfer or sell the claimed tokens or NFTs?

Once you've claimed the NFT, you cannot transfer or sell them.

7/ How long does it take for the claimed tokens or NFTs to appear in my wallet?

Once the claim transaction has been completed, the token or NFT has been successfully tranferred to your wallet. However, it may take several minutes or hours to appear depending on the wallet you use.

8/ What should I do if I encounter an error or technical issue during the claiming process?

If you experience any errors or technical issues while claiming, reach out to the Coinvise support team for assistance here. They will help troubleshoot the problem and ensure a smooth claiming experience.

9/ Is there a time limit for claiming after I've fulfilled the requirements?

No, there is no specific time limit. You can claim your rewards whenever it's convenient for you. However, we suggest claiming them promptly for a smoother experience.

Introduction

Seamless Protocol is the first decentralized, native lending and borrowing protocol on Base. Seamless lays the foundation for the next generation of DeFi, focusing on lower-collateral borrowing and a better user experience to inspire the masses.

SEAM tokens are at the heart of the Seamless community, functioning as the utility governance tokens of the Seamless Protocol. This pioneering decentralized lending and borrowing platform has made significant strides on Base, emerging as one of the top native apps by total volume locked. SEAM tokens embody the community's commitment to evolution and the collective vision of modernizing DeFi.

Unveiling the Genesis Airdrop

The Genesis Airdrop is a landmark initiative to reward and engage the users of the Seamless Protocol. This airdrop will distribute 400,000 SEAM tokens, marking a significant milestone in community-driven governance.

Claim Window and Process

Starting from December 11th, 2023, at 8 PM UTC, eligible participants can claim their SEAM tokens for three months. To claim, visit the official airdrop page and follow the step-by-step guide below for an easy claiming process.

Remember, unclaimed tokens after this period will return to the community DAO's smart contract.

Eligibility

Eligibility for the airdrop includes users who actively participated in social and on-chain campaigns contributing to the growth of the community and protocol.

Stay Alert: Avoid Scams

Please be cautious of impersonators and scams. Use only the official links provided for any airdrop-related activities.

How to claim

Checking your eligibility for the SEAM Airdrop

Head to claim.seamlessprotocol.com or claims.seamlessprotocol.com and connect your wallet. Both URLs work and will lead to the same page below.

Click the Get started Button.

Note: IF you are eligible for the SEAM airdrop you will see this screen.

Note: IF you are not eligible for this SEAM airdrop you will see this screen. For more information about the SEAM airdrop and eligibility requirements please refer to this document: Seamless Genesis Airdrop Details

Delegating your SEAM Tokens

Continue by choosing a delegate to receive SEAM voting power.

After choosing who you’d like to delegate voting power to, click Delegate to proceed.

A few important things to note:

• Delegation does not transfer token ownership, it only grants “Voting Power” to the delegated address.

• You can delegate voting power to yourself if you’d like.

• SEAM tokens must be delegated to activate voting power. i.e. if they are just held within your wallet without any delegation, the tokens do not have voting power and therefore cannot participate in Seamless Protocol governance (i.e. proposals and voting). Even for someone wishing to vote themselves, users must delegate to their own address.

• Delegation may benefit users seeking governance participation without the continuous responsibility of direct involvement or technical expertise, much like voting to elect a local government representative who handles policy issues full-time.

• Delegate profiles displayed are individuals who have personally submitted bios/background on why they feel they should be delegated your voting power. These are individuals who are active in the governance process helping to shape the future of the protocol. Think of them as elected officials pushing laws through.

• You can now claim your SEAM tokens. Click, Claim, and approve the transaction in your wallet.

  You have now claimed your SEAM Airdrop! You can view the balance of your SEAM in your wallet by adding the token address to your wallet.

  SEAM Address on BASE: 0x1C7a460413dD4e964f96D8dFC56E7223cE88CD85

Share on social to spread the word!

Disclaimer

The airdrop is subject to certain terms and conditions.

DAY 1

Mint any one of the following to verify:

https://anotherl.ink/ali-gatie-rentfree

GHOST 2023 SABET | Home by Sabet Collection | By: SABET

Sometimes we need to go unseen. Ghost....

https://gallery.layerr.art

👉 Claim points & NFT rewards:

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 11/28 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 11/28 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

DAY 2

Mint any one of the following to verify:

https://anotherl.ink/bridge-no-need

To The Moon | Toys on the Base Collection | By: amrit

"To The Moon" creatively melds the groundbreaking journey of India's Chandrayaan-3 lunar lander with a vibrant, pink-themed aesthetic, reminiscent of the g...

https://gallery.layerr.art

👉 Claim points & NFT rewards:

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 11/29 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 11/29 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

DAY 3

Mint any one of the following to verify:

https://anotherl.ink/belly-top-floor

https://gallery.layerr.art/8453/0xe2ee14c0be756866505d09737ea8930b66da31b5/0

👉 Claim points & NFT rewards:

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 11/30 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 11/30 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

DAY 4

Mint any one of the following to verify:

https://anotherl.ink/galantis-smile-10yr

https://gallery.layerr.art/8453/0xa72ce09361Df194a1d1F3237CBc61c3afFdC91C1/0

👉 Claim points & NFT rewards:

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 12/01 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 12/01 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

DAY 5

Mint any one of the following to verify:

https://anotherl.ink/luciana-tearing-down-the-walls

King's Cave | King's Cave Collection | By: RachelSTWood

In the midst of the cold winter weather, the image of an ice cave with penguins brings to mind the warmth of my close-knit web3 family that thrives even in...

https://gallery.layerr.art

👉 Claim points & NFT rewards

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 12/04 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 12/04 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

Day 6

Mint any one of the following to verify:

https://anotherl.ink/gian-varela-new-world-sound

https://gallery.layerr.art/8453/0x768c9D74cb9c7855562B7fCd6CCe56493Cc39cF8/0

👉 Claim points & NFT rewards

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 12/05 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 12/05 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

Day 7

Mint any one of the following to verify:

https://anotherl.ink/casper-the-ghost-fiend

Sense by Dario De Siena | Dario De Siena - Base - Genesis Collection | By: dariodesiena

Sense is the whisper that adds purpose to the everyday, turning moments into a meaningful mosaic of existence....

https://gallery.layerr.art

👉 Claim points & NFT rewards

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 12/06 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 12/06 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

DAY 8

Mint any one of the following to verify:

https://anotherl.ink/big-boy-limited-base

https://gallery.layerr.art/8453/0xfE4DE48B77579365CA93d07c025aB67c53826647/0

👉 Claim points & NFT rewards

Layer3 - Discover onchain finance with one app

Explore crypto using the Layer3 Wallet, your gateway to the onchain economy.

https://layer3.xyz

Onchain Daily: Artist Takeover 12/05 by Base | Galxe Quest

Join Onchain Daily: Artist Takeover 12/05 on Galxe. Earn loyalty points by contributing to Base and enhance your web3 presence and reputation.

https://app.galxe.com

Join the Movement

The Creator Takeover is the contribution to the creators – the artists, developers, and dreamers who are crafting the future with their contributions. Through their stories, we aim to inspire and galvanize the community to participate, contribute, and co-create within the BASE ecosystem.

Join us in this celebration of creativity and stay connected with BASE ONCHAIN DAILY for the latest in blockchain innovation.

Welcome to the world of Fren Pet, an exciting new game that's been making waves in the blockchain gaming community. Fren Pet has gained significant attention in recent days, thanks to its innovative gameplay, pay-to-earn mechanics, and unique tokenomics. In this blog, we'll take you on a journey through the Fren Pet universe, exploring its features, gameplay mechanics, and economic model.

What is FrenPet?

Fren Pet is a mobile game built on the Coinbase EVM sidechain, Base, that brings a fresh twist to the play-to-earn gaming landscape. Developed by an enthusiastic team, Fren Pet offers players the chance to raise and compete with virtual pets in an engaging and competitive environment.

How to Get Started

To begin your Fren Pet journey, you'll need an invite code and acquire a Pet NFT, which serves as your entry ticket to the game. Once you have an invite code, follow these simple steps below:

1. Visit frenpet.xyz from a mobile

2. Bridge some ETH to Base and fund your frenpet wallet

3. Go to rewards, approve token and mint your Pet NFT!

The World of Fren Pet

Once you've acquired your Pet NFT, you'll enter the world of Fren Pet. Here, your goal is to take care of your virtual pet and climb the leaderboard to earn rewards. Your pet comes with two critical attributes:

1. Time Until Death (TOD): Your pet has a set lifespan, and if it isn't fed before the TOD deadline, it will die, and the corresponding NFT gets burnt. To extend your pet's life, you'll need to purchase food.

2. Points: Accumulating points is essential, as it determines your position on the leaderboard, which, in turn, affects your rewards.

Gameplay Mechanics

Fren Pet offers a range of actions you can take within the game:

1. Buy Food:

   Purchase food to keep your pet alive. Various food options are available, each with its cost, points reward, and TOD extension.

2. Attack Other Pets:

   Engage in battles with other players' pets. You can attack players above your level every 15 minutes, with a 40% chance of winning. The victor earns 0.5% of the opponent's points.

3. Buy Shield:

   Invest in a 24-hour shield to protect your pet from attacks. Shields are valuable but come at a high cost.

4. Buy Insurance:

   In case your pet dies, insurance grants an additional 5 days of TOD extension, allowing you more time to strategize.

5. Free Daily Mini-Game: Spin The Wheel

   Spin the wheel once a day for a chance to earn various rewards, including shields, points, insurance, TOD extensions, and more.

6. Mini-Game: Dice Roll:

   Spend 100 FP to play a dice-based mini-game with a 1/6 chance of earning 500 FP.

7. Buy Cosmetics:

   Customize your pet with various cosmetic options, from companion pets to masks, adding a unique touch to your in-game experience.

User Experience

To play Fren Pet, you'll need to transfer ETH into the game wallet from your MetaMask account. Additionally, if you don't have ETH in your Base wallet, you'll need to bridge some ETH to get started. Once you have ETH in the game wallet, you can convert it into FP, the in-game token used for transactions. You can then use FP to purchase your very own pet, either by minting one in the app or buying from the secondary market on Opensea.

While Fren Pet offers an exciting gaming experience, some players have noted that the front-end interface feels a bit sluggish and may encounter errors when attempting attacks. However, the game provides an activity section where you can monitor all in-game transactions, a feature that traditional web2 games can't offer.

Analysis

Fren Pet incorporates popular pay-to-progress mechanics such as food, shields, and insurance, known in the free-to-play mobile gaming industry. These items serve as important tools for players, offering different ways to progress in the game.

One notable design feature of Fren Pet is the burning of unfed Pet NFTs, which helps combat pet inflation and incentivizes active gameplay. This mechanism adds an interesting layer to the game's economics.

The inclusion of mini-games and live-ops events is another strong point for Fren Pet. While the mini-games in Fren Pet are chance-based, it's encouraging to see web3 games experimenting with such features, as they are known to enhance player retention.

Sharing Success with Players

One of the most exciting aspects of web3 games is the ability to share a game's success with its community. Fren Pet does just that by allocating 40% of the game's reward pool to players based on their leaderboard positions. This incentivizes player engagement and referral marketing, as players strive to climb the leaderboard for greater rewards. However, players must burn all accumulated points to receive their share of the rewards, resetting their position on the leaderboard.

Economics and Rewards

In terms of economics, 20% of the reward pool goes to the ETH/FP liquidity pool, while the remaining 40% goes to the developers. The developers have earned $260,000 (130 ETH) in the last four days from 2,000 users, resulting in an ARPU per day of $40.

It's important to note that the game may be susceptible to farming and botting, and the economy could face challenges if a significant number of players decide to cash out their token earnings.

Conclusion:

As Fren Pet is a new and exciting project in the Web3 space, it's important to note that this information is NFA. We encourage everyone to DYOR and explore Fren Pet thoroughly to make informed decisions. It's an innovative game with promising features, but always exercise caution and due diligence in your crypto investments.

Enjoy your journey into the world of Fren Pet! 🚀

In the ever-evolving landscape of blockchain technology, innovation continues to drive the development of new platforms and ecosystems. Among these pioneers is Base, a promising Ethereum Layer 2 (L2) project that has been incubated by Coinbase and built on the open-source OP Stack. To shed light on the vision behind Base and its journey, we sat down with Jesse Pollak, Contributor #1 at Base, for an exclusive interview.

Listen to the full podcast:

Bringing the World Onchain with Base - Jesse Pollak

Jesse Pollak is contributor #1 at Base. A new Ethereum L2, incubated by Coinbase and built on the open-source OP Stack. What does it mean to bring the world onchain? We go behind the scenes to discover 'how did this get made?' in relation to Coinbase and Base.

https://simplecast.com

From Coinbase to Base: A Tech Journey

Jesse Pollak's tech journey is a fascinating one. He began his career by joining Coinbase at an early stage, where he took on a significant role as the lead for all Retail engineering. This role included building key Coinbase platforms like Coinbase, Coinbase Pro, and Coinbase Wallet. Jesse's journey in the tech world has been marked by a commitment to innovation and a drive to push the boundaries of what's possible in the blockchain space.

Bringing the World Onchain: The Base Vision

One of the central questions explored with Jesse was, "What does it mean to bring the world onchain?" This question lies at the heart of Base's mission. It's about more than just creating a new blockchain platform; it's about fundamentally reimagining how organizations can operate in a decentralized and onchain manner.

The inception of this audacious idea can be traced back to the notion of decentralizing Coinbase itself, a major player in the crypto industry. The idea of bringing the entire organization onchain set the wheels in motion, ultimately leading to the development of Base. What makes Base truly unique is that it emerged as a breakaway startup from within the Coinbase ecosystem, driven by a desire to explore new possibilities on the blockchain.

Unveiling the Onchain Movement: Base, Zora, and Optimism

During the conversation, Jesse shared insights into the collaborative spirit of the onchain movement. This movement involves layer 2s like Base, Zora, and Optimism, all of which are pushing the boundaries of what's possible on the blockchain. They share a common goal of creating a decentralized and democratized digital future.

A moment was taken to look back on the Onchain Summer event from August, which served as a focal point for this movement. This event showcased numerous projects, including Basepaint, Happy Friday coffee by thepark, create.fun, Paragraph, and Lore, highlighting the incredible creativity and innovation taking place in the world of blockchain.

Mint the commemorative Base - Jesse Pollak

🔹 Go to: https://zora.co/collect/zora:0x4174f78b7769650c1b205a2e1ac69cd0e47bbe02/43

🔹 Connect your wallet

🔹 Click on “MINT”

Sponsors:

We would like to extend our gratitude to the sponsors who make discussions like this possible:

• Zerion: Zerion combines every corner of web3 in a simple and intuitive app for self-custodial humans. Discover the hottest NFT collections, track your DeFi rewards, and vote in DAOs across 10+ chains. Get started today at zerion.io.

• Interface: Interface is a mobile companion for Ethereum travelers. Connect with people and communities you’re a part of, stay updated with their onchain footprint through the activity feed and notifications, read, watch, and listen to onchain media – all in one place. Visit interface.social.

• Bonfire: Bonfire is the no-code website builder for web3 creators, brands & communities. Design rich custom drop pages, token gated content, and exclusive events and experiences. UFO listeners also get a free 1-month trial to Bonfire Pro. Claim this offer at bonfire.page/ufo.

• Lore: Lore is where communities come onchain. Helping communities of all kinds raise funds onchain, up and down vote decisions, and take action towards a collective mission. They are accepting applications from community leads and creators who want to crowdfund initiatives to be on their V2 launch line up. Go to lore.xyz to apply.

Subscribe to UFO: Stay Informed and Inspired

Before wrapping up the interview, Jesse Pollak shared his excitement for the future and the potential of projects like Base. He also encouraged readers to stay informed and inspired by tuning into "UFO," a podcast where artists, musicians, and tech creators discuss the future. Hosted by Nick Hollins and produced by Apollo, this podcast offers a unique window into the world of blockchain and emerging technologies.

Conclusion

The journey of Base, from its origins within Coinbase to its emergence as a pioneering Ethereum L2 project, is a testament to the power of innovation and collaboration in the blockchain space. As the onchain movement continues to gain momentum, projects like Base, Zora, and Optimism are shaping the future of a decentralized world.

Stay tuned for more updates from the onchain movement, and keep an eye on Base as it continues to push the boundaries of what's possible in the world of blockchain technology.

November is just around the corner, and for the derps, that means one thing - the $DERP countdown is ON! 👀

But wait, there's more! The L2 chain ecosystem user reward continues, and this time it's your time to shine, "Base Introduced" NFT Holders. There's a whopping $100,000 worth of airdrops waiting for you!

💫 About DerpDEX

DerpDEX brings together the essence of web3: a fusion of "DeFi + memes + NFTs" driving the meme revolution on L2 zkSync, BASE & opBNB network. By reviving derps as online sensations meant to amuse enthusiasts globally, we're rekindling the glory of these quirky characters.

You can trade, earn, stake, and kickstart your crypto journey with the most dynamic DEX on the internet.

🎁 Prizes: $100,000 worth of token airdrop

Complete all tasks below to stand a chance.

Only Base Introduced NFT Holders are eligible.

🔥 DerpDEX Airdrop Campaign

🔗 Link Galxe: https://galxe.com/derpDEXcom/campaign/GCvUvUnL9X

⏰ Duration: 2023/10/30 - 2023/11/10

📜 How to join?

Complete all quests below to claim Base Derp discord role

1. Holder of Base Introduced NFT. You can get it here

2. Have the Verified Derps role in DerpDEX Discord Server

3. Follow DerpDEX on Twitter

4. Join the derpdex on Telegram

5. Like the Tweet

6. Retweet the Tweet

7. Visit the airdrop page of DerpDEX

8. Like the Tweet

9. Retweet the Tweet

Don't miss out on this exciting event! Join now and seize your chance to win a share of $100,000 worth of token airdrop.

Best of luck to all participants! 🚀🎉

Stay tuned and follow us for more exciting updates coming soon!

As the leaves change and the air turns crisp, we invite you to transition from the warm vibes of Base Summer to embrace the exciting world of Base in the enchanting autumn season. Get ready for a thrilling treasure-hunting adventure that will keep you engaged and excited. Don't let this opportunity pass you by!

How to join? Complete all the tasks below 👇

1️⃣ Follow Base Ecosystem

2️⃣ Like & Retweet this Tweet

3️⃣ Comment with #BuildOnBase on this Tweet

4️⃣ Post this Tweet

🗓️ Event Details

🔹 From: October 18th, Wednesday

🔹 To: October 27th, Friday

🎁 Prizes Await:

1. BaseNS

🔹 1 x Star Edition Hardware Wallet

🔹 10 x 4-character .base Domains

2. DackieSwap

🔹 10 x 10,000 $DACKIE Tokens

3. Innovaz

🔹 1,111 x Base Autumn NFTs

🔹 Holder Roles on Discord

4. Base Fans

🔹 999 x Base Autumn NFTs

5. NFTFeed

🔹 5 x NFT INO worth $100

How to Participate:

🔗 Link galxe: https://galxe.com/star/campaign/GCEG5UMomw

✅ Complete all tasks below to be eligible:

BaseNS

🔹 Follow @basensdomains on Twitter

🔹 Hold at least 3 .base domain names at BaseNS

DackieSwap

🔹 Follow @DackieSwap on Twitter

🔹 Make a swap on DackieSwap

Innovaz

🔹 Follow @Innovaz_io on Twitter

🔹 Join Innovaz's Discord community

Base Fans

🔹 Follow @BaseEcoFans

NFTFeed

🔹 Follow @NFTFeedOfficial on Twitter

🔹 Join the Telegram group

Don’t miss out!

It's the perfect opportunity to explore the Base ecosystem, discover exciting projects, and get your hands on some incredible prizes. Autumn is here, and the treasure hunt begins now!

Join us in celebrating Base in the Autumn, and let's make this season one to remember. Happy hunting! 🍂🎉

Feel free to mint this entry as an NFT to proudly include it in your collection. Your support is greatly appreciated!

Follow us to stay updated with everything on Base!

Welcome to the Base Ecosystem Odyssey - an exciting event that invites you to embark on a journey to explore potential projects within the Base ecosystem. This event promises not only a chance to discover innovative platforms but also offers valuable rewards for your participation.

Let’s get started 👇

1️⃣ Follow Base Ecosystem

2️⃣ Like & Retweet this Tweet

3️⃣ Comment with #BaseEcosystem on this Tweet

4️⃣ Post this Tweet

II. Rewards

Here’s a breakdown of the rewards you can earn by engaging with various projects:

1. Pira Finance - 10 Pira Passport

2. DackieSwap - 10 DackieOnBase NFT

3. Wagon Network - 200 $USDT

4. Tyche Protocol - 5 TYCHE NFT

5. Omnisea - 200 USDT

6. CattieSwap - 100 USDT

7. Base Name Service - 10 x 4-char Random .base domain

8. OpenPad - 500 Sentinent NFT

9. ScrollPad - 100 USDT

10. NFTFeed - 5 NFT INO worth 100 USDT

11. FXDX - $250 worth of esFXDX tokens

12. Plena Finance - $500 worth of $PLENA tokens

13. OmniBTC - 500 Rewards Points (Points can be claimed in cash)

III. How to Participate

⏰ Duration: 2023/10/11 - 2023/10/15

⭐️ Total points: 225

✅ Go to Pira Finance’s galxe and complete simple tasks

Base Ecosystem Odyssey by Pira Finance | Galxe Quest

Join Base Ecosystem Odyssey on Galxe. Earn loyalty points by contributing to Pira Finance and enhance your web3 presence and reputation.

https://app.galxe.com

Pira Finance

🔹 Follow @PiraFinance on Twitter

🔹 Have the Member role in Pira Finance Discord Server

DackieSwap

🔹Follow @DackieSwap on Twitter

Openpad

🔹 Follow @Openpad_io on Twitter

🔹Join the @openpad_official on Telegram

WagonNetwork

🔹 Follow @WagonNetwork on Twitter

🔹 Join Wagon Network on Telegram

🔹 Retweet the Tweet

Tyche Protocol

🔹 Follow @tychezone on Twitter

🔹 Visit the Tyche Website

Omnisea

🔹 Follow @omnisea on Twitter

🔹 Visit the Omnisea Website

CattieSwap

🔹 Follow @CattieSwap on Twitter

🔹 Have the Member role in CattieSwap Discord Server

Base Name Service

🔹 Follow @basensdomains on Twitter

🔹 Visit the BaseNS Website

NFTFeed

🔹 Follow @NFTFeedOfficial on Twitter

Plena Finance

🔹 Follow @PlenaFinance on Twitter

🔹 Have the verified role in PlenaFinance Discord Server

ScrollPad

🔹 Follow @Scroll_Pad on Twitter

🔹 Have the Member role in ScrollPad Discord Server

FXDX

🔹 Follow @fxdxdex on Twitter

🔹 Have the Member role in FXDX Discord Server

OmniBTC

🔹 Follow @OmniBTC on Twitter

🔹 Have the member role in OmniBTC Discord Server

🔹 Retweet the Tweet

That’s a wrap!

Don't miss out on this exciting event! Join now to have a chance to share exciting rewards!

Stay tuned and subscribe us for more exciting news and updates! 🚀🎉

Feel free to mint this entry as an NFT to proudly include it in your collection. Your support is greatly appreciated!

Uniswap, a trailblazing DEX on Base, has garnered impressive trading volumes since its inception. Did you know that you can now directly champion the creator economy through your Uniswap wallet? Come and be part of this exclusive venture brought to you by Uniswap in partnership with Layer3xyz.

With Mirror, you have the ability to mint and collect articles from your favorite creators. This means you can now actively contribute to the creator economy using your Uniswap wallet!

Mirror on Base using Uniswap Wallet

⭐️ Difficulty: Beginner

🎁 Prizes: exclusive NFT & Layer3xyz XP

👉 Join here: https://layer3.xyz/quests/mirror-on-base-using-uniswap-wallet

How to join?

Step 1: Intro to Mirror

Read about Mirror to complete this step!

Step 2: Mint the article

🔹 Visit: https://base.mirror.xyz/KPrKIukePtM2Iz945_3GpQJ-tgMf1hoato5isStLXJI

🔹 Connect wallet and click Mint

Step 3: Share on Social (optional)

Once you've completed step 2, it's time to spread the word on social media! Share your achievements and invite others to join the quest with you.

And that’s it!

Uniswap's journey from its inception on Base to its current standing as a powerhouse in the DeFi space is a testament to the potential of decentralized finance.

Don't miss out on this exciting event! Join now to learn about Base and claim exciting rewards!

Stay tuned and subscribe us for more exciting news and updates! 🚀🎉

Feel free to mint this entry as an NFT to proudly include it in your collection. Your support is greatly appreciated!

🌤 As #ScalingSummer draws to a close, the collaboration between Uniswap and Layer3xyz promises to be something truly special. Participants who have engaged with all the quests can expect an exciting surprise, underscoring the spirit of exploration and learning more about Base as you delve into this new Layer2.

Let's dive in! 👇

Swap on Base using Uniswap Wallet

⭐️ Difficulty: Intermediate

🎁 Prizes: exclusive NFT & Layer3xyz XP

👉 Join here: https://layer3.xyz/quests/swap-on-base-using-uniswap-wallet

How to join?

Step 1: Learn about Base

Step 2: Bridge to Base (optional)

Using the Base bridge interface, you can move your funds to Base.

🔹 Head to: https://bridge.base.org/deposit

🔹 Bridge from Ethereum to Base with any amount

Step 3: Swap on Base

🔹 Download Uniswap Wallet on iOS.

🔹 Make any Swap on Base using the Uniswap Wallet

🔹 Verify your wallet

Step 4: Share on Social (optional)

Once you've completed step 3, it's time to spread the word on social media! Share your achievements and invite others to join the quest with you. The more, the merrier!

And that’s it!

Uniswap's journey from its inception on Base to its current standing as a powerhouse in the DeFi space is a testament to the potential of decentralized finance.

Don't miss out on this exciting event! Join now to learn about Base and seize your chance to win exclusive NFTs.

Stay tuned and subscribe us for more exciting news and updates! 🚀🎉

1️⃣ Follow Base Daily

2️⃣ Like & RT our Tweet

3️⃣ Leave you comment in this post

Share this knowledge Tweet

You can support us by minting this entry

Introduction

Account Abstraction is a concept in the Ethereum ecosystem that holds significant importance because of the flexibility, security, and enhanced user experience it offers. Base stands as a new leading Layer 2 on Ethereum and also takes part in this trend. Here is a potential proposal using account abstraction in the Base ecosystem.

ZK Face ID Wallet on Base

An open-source, ERC-4337 wallet that lets users sign transactions with Face ID, eliminating the need for seed phrases.

Overview

The ZK Face ID Wallet allows users to sign Ethereum transactions using Face ID or other authentication methods like Touch ID. It uses WebAuthn for registration and utilizes the Halo2 proof system, specifically through the halo2-ecc library. The end result is transaction proof without revealing any private or personal data.

Timeline

• Develop ZK circuits for proving secp256r1 elliptic curve based signatures used by the WebAuthn protocol

• Modify steps of the WebAuthn procedure to inject userop data into body signed by the WebAuthn authorizer's signature

• Build an account abstraction wallet which verifies proofs of valid WebAuthn signatures to validate userops

• Developing a consumer app deeply integrated with our novel, easy to use wallet infra.

Contact and links

Demo: https://www.noseedphrases.xyz/

Twitter: https://twitter.com/knownothinglabs

Github: https://github.com/zkwebauthn/webauthn-halo2

DefiLens

Increase trading volume and users in defi via cross-chain lending and batching transaction via Biconomy ERC4337

Overview

DefiLens aims to refine the DeFi trading experience on Base by breaking down barriers to broader adoption. It uses the Biconomy Account Abstraction (ERC4337) Module to provide batched transactions, both within a single chain and across multiple chains. Additionally, the platform is pioneering an easy one-click cross-chain lending mechanism. These features aim to boost the number of DeFi users and overall trading volumes.

Solutions

1. Cross-chain lending

   - Enables users to lend assets across different blockchains with a single click, without complex approvals or bridging.

   - Example: Assets on Polygon can be lent on Base's SwirlBase protocol with just one click.

2. Batch Transactions

   - Simplifies actions like withdrawing from one protocol, swapping assets via a DEX, and depositing to another protocol into a single step.

   - Handles refinancing across protocols and chains.

   - Plans to become an open platform where developers can create and vote on batch processes.

   - Still in development for web-app integration.

Contacts and Links

• Demo: https://www.youtube.com/watch?v=g53AxDNf2Bo

• Twitter: https://twitter.com/RadadiyaSunny

• Email: radadiyasunny970@gmail.com

• POC: https://chainping.defilens.tech/

NFT Rentals Using Account Abstraction

This is a Smart contract wallet/dapp that enables NFT rentals entirely on-chain and in a trustless manner. No collateral needed.

Overview

The project uses account abstraction to allow users to rent NFTs in a trustless environment without the need for collateral. A proof of concept (POC) is available on Base Goerli, featuring a browser extension wallet, a dashboard/marketplace dapp, and functional smart contracts.

Main Use Cases

1. Gaming: With the rise of GameFi, NFTs serve as in-game assets. Players can rent out these assets when not in use, earning passive income.

2. Metaverse Items: All NFT items in the metaverse can leverage this protocol, which can revolutionize the metaverse economy.

3. Access Tokens: Some NFTs, like BAYC, offer exclusive access rights. These can be temporarily transferred using the platform.

Impact

The platform aims to unearth the latent value in NFT assets, both existing and potential. This initiative enables NFT owners to earn passively, contingent on the demand for their assets.

Timeline

• Q4 2023: Optimize gas for smart contracts and conduct a security audit.

• Q1 2024: Introduce functionalities for buying/selling in the dapp and finalize the browser extension's UX/UI.

• Q2 2024: Finalize identity and design, scale the API, and officially launch the platform.

  Contact and Links

• Github: NFT Rental

• Smart contract docs: NFT Rental

AAbstr.actor

Wallet for your ERC-6551 Tokenbound Accounts

Overview

AAbstractor is a wallet designed to enhance the user experience (UX) for Tokenbound accounts (TBAs), making transactions as straightforward as using an EOA.

• Problem Addressed: The current UX for TBAs is not user-friendly.

• Solution: AAbstractor simplifies the process, enabling users to log into dapps via iframe or WalletConnect, effectively streamlining transactions.

Timeline and Updates

• The dapp is fully operational on Goerli. However, to function on Base, collaborations with external teams are required: Alchemy (for NFT API) and Tokenbound (for account contract deployment).

• Due to the surge in NFT activities on Base, there are plans to deploy a version of the contract, sidestepping the need for the official contract deployment. This way, users can begin using their NFTs as wallets immediately.

Contact and link

• Twitter: https://twitter.com/apoorvlathey

• Website: Aabstr.actor

• Demo: Youtube

Abstract Wallet - subscriptions in erc-4337

Abstract Wallet is an ERC-4337 based solution allowing users to make periodic crypto payments while retaining complete control over their funds.

Description

• Purpose: Abstract Wallet aims to introduce subscription-based payments in the Ethereum ecosystem, filling the current gap in periodic crypto payments.

• Platform: The wallet is developed on Zerodev's Kernel, with subscriptions introduced as a plugin.

• Usability: Currently, users can set up automated ERC-20 token transfers at chosen intervals. Full details are available on their GitHub and the project can be tried out here.

Timeline

• An experimental version is available for Base Mainnet and Goerli, with continuous updates. A stable version with user-valued features is expected in about 4 months.

Contact and link

• Website: Beaver Wallet

• Github: Abstract Wallet

• Pessimism is an open-source monitoring system created by Coinbase to enhance security for the OP Stack and EVM-compatible chains, addressing protocol threats on the Base mainnet.

• The system optimizes network performance and security by assessing response times, transaction processing speeds, and spotting security vulnerabilities.

• It operates through an ETL subsystem for data processing, a Risk Engine for threat assessing, and an alerting mechanism

Introduction

Pessimism is a monitoring systems built to support the security of all OP Stack and EVN-compatible chain by detecting and countering protocol threats. It have been created by Coinbase team internally to monitor Base since mainnet.

At the time of writing, Base have open-sourced Pessimism, make it to be a free and permissionless software.

Monitoring system and its importance

The goal of monitoring is to ensure the network’s security and tracking fraud transaction. Monitoring is crucial on Base for the following reasons:

Performance Evaluation

Network’s performance is assessed by:

• Response times: The time between when we give the order and the time when the blockchain receive it

• Transaction processing speed: How low it take from receiving transaction order to executing it

• Error rates: Fail transactions over total transactions

Security

• Dentify and mitigate security threats and vulnerabilities

• Detecting unauthorized access attempts, unusual behavior, and potential breaches.

How Pessimism Works?

Subsystem Workflow

Pessimism is structured around three main subsystems that monitor, assess and alert

• ETL (Monitor): The ETL standing for extract, transform and load. This subsystem is responsible for checking and transforming blockchain data into into formats that can be used by applications.

• Risk Engine (Assess): This subsystem examines heuristics using data from the ETL to determine potential alert scenarios.

• Alerting: Propagating alerts to downstream dependency systems (i.e. Slack, Pagerduty).

REST API: Pessimism also enables users to create, delete, and modify monitoring heuristics.

When an abnormal activity or event perceived as a security threat is detected, Pessimism alerts the team to swiftly address any potential risks.

Pessimism Use cases

OP Stack

• Withdrawal Safety:

  Due to many critical exploits happened on bridges, withdrawal safety is the first use case were built on Opstack. It prevents potential exploit by determines whether a proven OP Stack bridge withdrawal on L1 has a corresponding initiation event on the L2 chain.

• Fraud Detection:

  The fault-detector acts as a verifier. When there's a shift of data from L2 to L1, represented by a unique code (output root), Pessimism double-checks its authenticity. It does this by making a similar code on its own and comparing them. This step is essential to make sure the data shift is genuine and the unique codes being provided are trustworthy.

EVM Compatible

• Balance Enforcement:

  The balance-enforcement heuristic checks that the ETH balance in an address is either above or below certain limits set by the user. This is vital for keeping an eye on important accounts (like proposer or batcher) in the OP Stack system to ensure they don't run out of funds.

• Smart contract events:

  The contract-event heuristics keeps an eye on activities related to smart contracts. It needs the address of the smart contract and specific event signatures to function. This is essential for identifying possible changes in access rights (like updating limits for a gnosis safe multisig) and unexpected actions by high-level users (like an OP Stack Guardian suddenly stopping the native bridge).

Performance

Pessimism boasts quick data processing times, with ETL processing in under 100 ms and overall processing in about 200 ms.

• Modularity and Testing: The OP Stack's modular design allows for thorough end-to-end testing of each heuristic implementation using the op-e2e testing framework.

• Alert Routing: Defines global alerting policies and supports Slack and PagerDuty as alert destinations

What’s Next?

1. Comprehensive Bridge Coverage: Plans to monitor all potential threats and failures of the native bridge that facilitates L2 to Ethereum fund transfers.

2. Emerging Threat Detections: As the OP Stack continues to upgrade, Pessimism will introduce new features to cover the evolving threat landscape.

Community Call

Pessimism is community-driven and encourages users to submit feature requests and contribute to its development on GitHub.

What is friend.tech?

Friend.tech is a web3 social media project built on Base. Currently, it is in a limited beta phase, and users require an invitation code from an existing user to sign up. It's worth noting that friend.tech is available only as a mobile application, with no desktop version offered.

The platform has also announced plans to issue tokens in the future, leading the community to anticipate an airdrop for app users.

One of the standout features of friend.tech is that users can own "keys” of other users , influencers, or celebrities. This platform enables users to buy and hold keys of other individuals. These keys function like other digital assets, fluctuating in value over time.

The price will be determined based on price floor and number of buyers.

Friend.tech features

At Friend.tech, everyone's categorized as either a creator or a follower. Here is what that means:

For example, you've got a friend who is a creator and new to Friend.tech. You can purchase keys of their account at the base price. As your friend's network grows, the value of those keys go up. So, it's a win-win for both the creator and you as a key holder.

Someone can even buy shares of your account, depending on what value your network offers. At Friend.tech, the quality of the network is the net worth of the individual.

Friend.tech recently transitioned from calling them 'Shares' to 'Keys'. The name change captures their true function: Keys act like VIP passes, granting followers access to exclusive chatrooms.

Advantages and Disadvantages of Friend.tech

From the preliminary information about friend.tech, this Web3 social network exhibits both strengths and weaknesses:

Advantages:

• As a social media built on Layer 2 Base, the platform has garnered significant attention especially after its mainnet

• Launched in early August 2023, it still holds vast potential for further development, enhancements, and partnerships.

• The anticipated token airdrop for users is a particular highlight.

Disadvantages:

• No token issuance or minimal airdrop.

• Potential failure to break into mainstream, risking devaluation of assets.

• High transaction fees.

• Regulatory risks, especially being seen as a security.

• Execution risks due to financial ties and the need for rapid iteration.

• User retention issues, especially if the platform doesn't improve its current user experience.

• Financial volatilities due to fluctuations in DAU and price.

• Security risks linked to private keys and Web3 assets.

• Anonymity of the team.

• Potential content violations that could lead to regulatory challenges.

Onchain data

After launching for a month, Friend.tech has achieved many impressive results.

• 161K users

• Over 5M total transactions

• 122K ETH volume

Furthermore, the key's price increases over time, reaching its peak at 8.8 ETH.

As of September 13, friend.tech's TVL has reached over 28 million USD, with a revenue of 146.36 million USD. Additionally, the accumulated fees surpassed 70 million USD, averaging more than 2M USD daily.

Investors

In May 2023, friend.tech revealed they had secured seed funding round with the Paradigm's involvement, though the exact investment amount was not revealed.

Summary

There is all basic information about friend.tech, a social network on Layer 2 Base. Friend.tech has the potential to lead in SocialFi, but they need to address their weaknesses. Will this shape the future of social media? Only time will reveal.

💠Velodrome collab with Base to introduce Aerodrome

💠Aerodrome aim to be Liquidity center and Landing hub for project built on Base

💠Aerodrome distribution encourage user to lock AERO to get veAERO

💠40% of the supply with be airdrop for veVELO lockers as veAERO

Background

Layer 2 solutions on Ethereum, like Optimism and Arbitrum, have been growing rapidly due to their lower gas fees, faster transactions, and shared security. L2s have even begun surpassing Ethereum Mainnet in daily transactions.

Velodrome, a major L2 decentralized exchange (DEX), has thrived by focusing solely on the Optimism ecosystem. It boasts a significant $250M in Total Value Locked (TVL) and $5.9B in cumulative volume.

To address fragmentation and user experience challenges across different L2 ecosystems, Optimism is developing the Superchain, aiming for seamless interconnectivity between L2 solutions.

As part of this, Velodrome is collaborating with the Base team to launch Aerodrome, which will serve as Base's primary Automated Market Maker (AMM) and liquidity provider.

Introduction of Aerodrome

Aerodrome utilizes the innovative ve(3,3) technology and introduces features like the Night Ride UI, concentrated liquidity, and a dynamic AERO FED.

Its primary role will be to support business development within the Base ecosystem. This involves helping new projects as they launch, onboarding new protocols, and ensuring liquidity for the ecosystem.

Key Features

Public Goods Integration

25% of Aerodrome’s initial votepower is reserved for Ecosystem Goods. This will help power liquidity on assets crucial to ecosystem success, whilst fees earned from these pairs will be used for public goods funding (PGF) and public goods votepower; making $AERO the engine of the ecosystem.

Protocol’s Landing Hub

Aerodrome will also serve as a landing hub for protocols looking to deploy on Base, allowing them to build deep liquidity quickly and in a capital-efficient way. Protocols can lock veAERO and deposit incentives for veAERO voters to direct AERO emissions to their pools. In return for their votes, veAERO holders receive 100% of trading fees and incentives from the pools they choose, creating a self-balancing flywheel that rewards the most productive players in the system.

Aerodrome Distribution

The initial AERO supply is 500M, with 90% (450M) locked as veAERO.

veAERO Distribution:

     veVELO holders, representing top DeFi communities, will receive 40% of the initial      supply based on specific guidelines. Other allocations are set for ecosystem pairs,      public goods funding, the Aerodrome team, protocol grants, and AERO token pools.

AERO Distribution:

     AERO tokens will be used to match ecosystem partner incentives and support      essential liquidity pools. A genesis liquidity pool will contain 2% of the initial AERO      supply paired with USDC to facilitate AERO swaps at the launch.

AERO Emissions: Emissions start at 10M AERO weekly, undergoing three phases:

1. Take-off: Emissions will increase by 3% weekly for the initial 14 weeks.

2. Cruise: Post the 14th week, emissions will reduce by 1% each week.

3. Aero FED: Around the 67th week, veAERO voters will dictate emission rates within predefined maximum and minimum bounds

• To lessen dilution impact, a rebase formula will adjust benefits for veAERO holders based on locking rates.

Integration and Future Vision

Aerodrome aims to be the primary platform for liquidity and public goods on Base, kickstarting what could become the leading on-chain user onboarding engine.

Both Aerodrome and Velodrome will partner closely to serve as the main hubs of their respective ecosystems, playing critical roles in the Superchain's development.

Velodrome's stakeholders, specifically the veVELO lockers, will be given an allocation of the initial veAERO distribution to help initiate the Aerodrome ecosystem.

What make Aerodrome TVL so high?

Aerodrome TVL

As of September 12, Aerodrome's TVL (Total Value Locked) is $137.12M, accounting for more than a third of the TVL on BASE. It's 5 times larger than the second project. Surprisingly, they surged from $2M to $200M in just 3 days.

The reasons behind this rapid growth

• Large partner: 22 projects have integrated with Aerodrome (Update Sept 12th), and this number continues to rise consistently.

  This will ensure that users of projects collaborating with Aerodrome know them as a liquidity center=> Large amount of potential users

• Token strategy: 90% locked as veAERO showcases dedication to scarcity and value gain. =>This rarity might fuel demand and nurture a robust token ecosystem.

• Attracting user from Velodrome:

  Excluding initial grants to the Velodrome Team and launch partners increases the amount of $veAERO available to each locker.
  => This makes it more attractive for potential participants, as they can potentially receive a larger share of the tokens.

Potential

The potential of Aerodrome will come from the development of Base Ecosystem. As Base attracts more users, the demand for token conversion will increase, and Aerodrome will be the first option to consider. Furthermore, for projects looking to join, Aerodrome will enable them to develop depth quickly and efficiently.