$BASE token only makes sense if it’s more than governance theater.
A DAO that accumulates capital, buys $COIN, and gives $BASE holders real economic influence over
@coinbase would create something new:
- a hard-floor L2 token, an onchain proxy on COIN’s success, a hybrid between equity and crypto.
Hard to execute. But directionally - this is the only model that fits
@base.base.eth 🟦
