{"id":47707,"date":"2025-09-16T03:46:44","date_gmt":"2025-09-16T03:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47707"},"modified":"2025-09-16T03:46:44","modified_gmt":"2025-09-16T03:46:44","slug":"coinbase-is-thinking-about-a-token-for-base-network","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47707","title":{"rendered":"Coinbase Is Thinking About a Token for Base Network"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Coinbase\u2019s Base network might soon have a native token. Jesse Pollak, the founder of Base, brought it up at the recent BaseCamp event. He said they\u2019re exploring the idea, but nothing has been finalized yet. There\u2019s no official timeline or design, just open discussion. That\u2019s a noticeable change from earlier, when Coinbase had said there were no plans for a token.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Why the Token Is Being Considered<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The main reason for <\/span><span data-preserver-spaces=\"true\">thinking about<\/span><span data-preserver-spaces=\"true\"> a token is to <\/span><span data-preserver-spaces=\"true\">help<\/span><span data-preserver-spaces=\"true\"> Base <\/span><span data-preserver-spaces=\"true\">grow<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Pollak explained that the goal is to give the community more power over how the network develops. A token could be used to encourage more developers and users to get involved. It would also fit into Base\u2019s wider vision of being a decentralized layer built on <\/span><span data-preserver-spaces=\"true\">Ether<\/span><span data-preserver-spaces=\"true\">eum, since any token would be native to that chain.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Base is beginning to explore a network token<\/p>\n<p>We\u2019re in the early phases of exploration, and don\u2019t have any specifics to share around timing, design, or governance. We\u2019re committed to bringing the community along with us, and building in the open. <a href=\"https:\/\/t.co\/KUKzrfjzXT\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/KUKzrfjzXT<\/a><\/p>\n<p>\u2014 Base (@base) <a href=\"https:\/\/twitter.com\/base\/status\/1967602096360063341?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">What We Know So Far<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Base has grown quickly since launching in 2023. Right now, the network has around five billion dollars in total value locked. A good chunk of that came just this year. Despite all the activity, Base still doesn\u2019t have its own token. Users pay gas fees in ETH. Pollak made it clear that nothing is set in stone. Everything from the token\u2019s purpose to its governance and rollout is still being discussed.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Staying Open and Compliant<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Pollak said the team wants to do this in the open. That means involving the community and working closely with regulators. They don\u2019t want to move too fast and create legal problems. Brian Armstrong, Coinbase\u2019s CEO, also said there are no firm plans yet. He called the shift more of a mindset change than a concrete move. <\/span><span data-preserver-spaces=\"true\">The company <\/span><span data-preserver-spaces=\"true\">seems<\/span><span data-preserver-spaces=\"true\"> to be laying the groundwork while <\/span><span data-preserver-spaces=\"true\">keeping an eye on how regulators might react<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-eth\" data-coin-symbol=\"eth\" data-price-usd=\"ETH Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/coinlogo\/4\/5b7fc72f06f17.svg\" alt=\"eth logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">ethereum<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">ETH<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$543.48B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">1y<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68c8dc1779aac\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h2><span data-preserver-spaces=\"true\">Where Base Stands Right Now<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Base is one of the most active layer 2 networks built on Ethereum. It was designed to offer fast and cheap transactions. That focus has helped it gain traction, especially among developers. <\/span><span data-preserver-spaces=\"true\">With<\/span><span data-preserver-spaces=\"true\"> that momentum, it <\/span><span data-preserver-spaces=\"true\">makes sense that<\/span><span data-preserver-spaces=\"true\"> people <\/span><span data-preserver-spaces=\"true\">are wondering<\/span><span data-preserver-spaces=\"true\"> when or if a token will <\/span><span data-preserver-spaces=\"true\">come<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> The timing of these conversations also lines up with growing interest in governance, incentives, and how to reward long-term participants.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Challenges to Work Through<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">There are still <\/span><span data-preserver-spaces=\"true\">a lot of<\/span><span data-preserver-spaces=\"true\"> open questions. The biggest one is what the token would actually do. Without a clear purpose, it risks becoming a distraction. There\u2019s also the legal side to consider. Any missteps around securities laws could slow things down or even stop the project altogether. <\/span><span data-preserver-spaces=\"true\">On top of that, Base needs to <\/span><span data-preserver-spaces=\"true\">make sure<\/span><span data-preserver-spaces=\"true\"> the process remains fair and <\/span><span data-preserver-spaces=\"true\">actually helps<\/span><span data-preserver-spaces=\"true\"> the people building and using the network.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Community Response<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The reaction from developers and community members has been mostly positive. Some people are excited by the idea of more ownership and participation. Others are more cautious, waiting to see how serious Coinbase really is. So far, the fact that this conversation is happening out in the open has been seen as a good sign.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What Happens Next<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">For now, everything is still up in the air. The Base team will need to work through the details, from design to governance to legal structure. They\u2019ll also have to keep the community involved and regulators informed. If all of that goes well, Base could be on the path to launching a token that actually adds value. But nothing\u2019s guaranteed, and there\u2019s still a lot to figure out.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Coinbase\u2019s Base network is openly exploring a native token, marking a shift from earlier statements that no token was planned.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Founder Jesse Pollak says a token could support growth by giving the community more power and encouraging developer participation.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Base has grown quickly since its 2023 launch, with around $5 billion in total value locked, but it still relies on ETH for gas fees.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The team is involving the community and regulators from the start, with no official design, timeline, or purpose confirmed yet.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Key challenges include defining the token\u2019s role, staying compliant with securities laws, and ensuring governance benefits builders and users.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/coinbases-base-may-launch-token-to-support-network-expansion\/\">Coinbase Is Thinking About a Token for Base Network<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase\u2019s Base network might soon have a native token. Jesse Pollak, the founder of Base, brought it up at the recent BaseCamp event. He said they\u2019re exploring the idea, but nothing has been finalized yet. There\u2019s no official timeline or design, just open discussion. That\u2019s a noticeable change from earlier, when Coinbase had said there [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47707","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47707"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47707\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}