98% of Crypto Investors Will Miss This

TL;DR

Exploring the emerging trends in the crypto market for 2023, focusing on base chain, optimism, and ve33 dexes.

Transcript

what's up guys welcome to Drake on digital today we're going to be talking about one of the latest trends that I'm looking for in 2023 in the crypto markets it's actually hidden in plain sight but not a lot of people are talking about it most people right now are focused on base chain mantle and a couple of other chains that have the rumors of a po... Read More

Key Insights

• ⚾ Coinbase's partnership with base chain drives liquidity and NFT collection growth.
• ⛓️ Optimism Foundation benefits from chains built on the OP Stack, like base chain and BINANCE L2.
• 👤 Velodrome's ve33 model incentivizes users through liquidity rewards and distributed grants.

Questions & Answers

Q: What are some key dexes gaining dominance on base chain?

Rocket Swap and B-Swap are the main dexes on base chain, with Rocket Swap offering locking facilities for liquidity providers.

Q: How is Coinbase's involvement impacting base chain liquidity?

Coinbase's partnership with base chain includes incentivizing liquidity with grants, aiming to attract users from their massive user base.

Q: What role does the optimism Foundation play in base chains' development?

The optimism Foundation receives revenue from chains using the OP Stack, including base chain, driving growth and innovation in the ecosystem.

Q: How does the ve33 model on velodrome incentivize users and generate liquidity?

The ve33 model on velodrome employs revenue distribution, bribes, and incentivizes voting to lock tokens, creating a cyclical flywheel of liquidity.

Summary & Key Takeaways

• Exploring the base chain dynamics with Rocket Swap and B-Swap gaining traction.

• Coinbase's influence on base chain liquidity and NFT collections.

• Discussion on the narrative around optimism and the solidly ve33 model.