Base announced on X that it has been approved by Optimism governance and will receive 3 million OP grants, worth approximately $5 million. This grant will be used to incentivize DeFi developers to increase the TVL of BTC and ETH on Base.
Base said that the details of the specific incentive plan will be announced in due course, but there will be no incentives for specific funding pools or user activities.
Additionally, Base said it is excited about its role in developing Superchain, contributing 2,625 ETH ($6.7 million) in revenue in the first year, accounting for more than 70% of transactions. #pepe
