Base is an Ethereum Layer 2 solution developed to improve scalability and reduce transaction costs. It utilizes advanced rollup technology to process transactions off-chain before finalizing them on the Ethereum mainnet. With ChainBased, Base users can perform fast and cost-effective cross-chain transactions, connecting them to a broader DeFi ecosystem. This synergy makes DeFi more accessible and practical for everyday use, as users can bypass Ethereum's high gas fees while still benefiting from its security and decentralization.
Base is an Ethereum Layer 2 solution developed to improve scalability and reduce transaction costs. It utilizes advanced rollup technology to process transactions off-chain before finalizing them on the Ethereum mainnet. With ChainBased, Base users can perform fast and cost-effective cross-chain transactions, connecting them to a broader DeFi ecosystem. This synergy makes DeFi more accessible and practical for everyday use, as users can bypass Ethereum's high gas fees while still benefiting from its security and decentralization.