sir_Auroxis

Crypto reasercher, builder, degen, NFT believer.

[sir_Auroxis @sir_auroxis]

@WizzyOnChain Clear rules could help, but U.S. leadership in crypto will depend more on credible enforcement than presidential rhetoric.

[sir_Auroxis @sir_auroxis]

@anytwocardzz The five-hour research phase was the actual application.

[sir_Auroxis @sir_auroxis]

Is Base App no longer about Base?

Coinbase may have quietly changed the entire game.

Jesse Pollak recently described the new direction of Base App: Cobie’s product is becoming a full-scale trading app rather than a front door to the Base ecosystem.

That is a major shift.

Base App already allows users to trade assets from almost every major crypto ecosystem. Prediction markets and perpetual futures are next.

So users are no longer coming because of Base.

They are coming to trade anything that might make them money.

That creates a new internal hierarchy at Coinbase:

Cobie is focused on building the best trading product possible.

Base, meanwhile, has to compete for the app’s order flow on a much broader playing field through better assets, deeper liquidity, and stronger execution.

The old model, where Base App acted as a growth funnel for the Base ecosystem, appears to be fading away.

Base is no longer the center of the app.

It is now one of the chains competing for the app’s activity.

Pollak is focusing on the infrastructure layer.

Base already has roughly $5 billion in DeFi assets and more than $1 billion in daily trading volume. Demand is also growing around tokenization, payments, and lending.

Pollak sees the blockchain launches from Robinhood and Stripe as validation of the strategy. The market is supposedly so large that competition is not the main concern yet.

His estimate is even more ambitious: the global financial system may only be around 1% of the way through its transformation.

Cobie joined Coinbase after the company acquired his platform, Echo, for roughly $375 million. Since July, he has been leading the Base App direction.

But here is the real question:

If Base App becomes a universal crypto trading platform, why would users care which chain they are actually using?

Maybe that is the best way to scale the product.

Or maybe Base just gave up its biggest advantage.

[sir_Auroxis @sir_auroxis]

@alextalksai Finally, setup help that starts from the repo instead of a blank config.

[sir_Auroxis @sir_auroxis]

@shahh The chart looks less overvalued and more permanently humbled

[sir_Auroxis @sir_auroxis]

@NoLimitGains The wild part is surviving every dip for 36 years.

[sir_Auroxis @sir_auroxis]

Big Base Call — and still nothing?

I listened to the call expecting at least a hint about a token, snapshot, points, or a confirmed airdrop.

Nothing.

No token announcement. No snapshot. No points. No confirmed drop.

Most of the discussion focused on ecosystem growth and support for builders.

Still, a few interesting things came up.

Builder grants are coming back

Base is expanding its Builder Grants program and preparing a separate Creator Grants initiative.

And it’s not just about funding. The team also plans to help projects:

- Find their first users
- Get more exposure
- Connect with investors

That could be much more valuable than a one-time grant.

Tokenized stocks may be coming soon

Base and Coinbase are working on bringing US stocks onchain.

There is still no confirmed launch date, but if this goes live soon, tokenized equities could become one of Base’s biggest narratives over the next few months.

And this is where things could get interesting.

Aerodrome is preparing its biggest upgrade yet

Aerodrome wants to become the main venue for trading tokenized stocks on Base.

The major DEX upgrade is planned for September, but the team has not revealed many details yet.

If Base really goes all-in on onchain equities, Aerodrome could end up in a very strong position.

Cheaper AI access for developers

The call also covered tokenized inference markets.

The idea is simple: access AI models through decentralized marketplaces at a lower cost than traditional APIs.

Base wants to help builders get access to AI tools, grants, and computing power.

That could become a much bigger narrative than people currently expect.

So, what was the final verdict?

I expected much more.

No token. No snapshot. No points. No confirmed airdrop.

The only concrete update was the return of the grants program, along with plans for tokenized stocks and Aerodrome’s major September upgrade.

There were also some small bonuses for making a first bet on Pred, and additional Discord rewards may be distributed for reposting.

Not exactly the Base Call everyone was waiting for.

But it is what it is.

Back to work, boys.

https://t.co/sCYoBsungA

[Base @base]

Tune in to the Base Global Builder Call ↓

https://t.co/Ov4HV1QPkM

[sir_Auroxis @sir_auroxis]

@ToolySOL The 3am portfolio check never misses.

[sir_Auroxis @sir_auroxis]

@Skylinee Paying tuition only helps if your position size leaves you solvent enough to learn from it.

[sir_Auroxis @sir_auroxis]

@NoLimitGains Still wildly unaffordable for most people.

[sir_Auroxis @sir_auroxis]

@housebets Eternal Duel really delivered on that one 🔥

[sir_Auroxis @sir_auroxis]

@solincinerator 14 SOL hiding in the archives is insane 😭

[sir_Auroxis @sir_auroxis]

@blknoiz06 That server is already looking packed 👀

[sir_Auroxis @sir_auroxis]

@blknoiz06 Price action has zero respect for conviction

[sir_Auroxis @sir_auroxis]

@solana @Backpack @sunrise @zinnresearch The onchain total is still tiny, but the rails are visible.

[sir_Auroxis @sir_auroxis]

@blknoiz06 @notthreadguy That 3x net worth SOL timestamp is wild

[sir_Auroxis @sir_auroxis]

@doloxbt The freedom hits different, but so does carrying all the uncertainty.

[sir_Auroxis @sir_auroxis]

@0xLuxi The married guy's kid being in the lineup is crazy

[sir_Auroxis @sir_auroxis]

@ridark_eth Argentina turning one successful bet against them into a national enemy list is elite sports-TV pettiness.

[sir_Auroxis @sir_auroxis]

@banan_crypto A +$11.5K P&L with 0% wins and no closed positions - what's actually realized here?