๐๐ Friend.tech's co-founder, Racer, hints at a potential exit from Base, Ethereum's Layer-2 network. This news caused a 31.4% drop in Friend.tech's token, now trading at $1.02.
๐กRacer's post on X offered a $200K reward for a smooth migration plan off Base. The relationship between Friend.tech and Base has been tense, leading to this potential shift.
๐ค Jesse Pollak, head of Base for Coinbase, expressed support for Friend.tech's decision, despite the potential departure.
๐ฅ Base Network's activity has surged, with Friend.tech being a key player since its launch in August 2023.
๐ฐ Base's daily trading volumes on DeFi crypto exchanges have exceeded $1 billion, closing the gap with Coinbase's main exchange.
๐ Base's Dencun upgrade has boosted daily transactions and revenue, surpassing rivals like Optimism and Arbitrum.
What are your thoughts on this potential shift? Let's discuss below! #DeFi #Layer2 #Ethereum