Defiprincess

@defiprincess22

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@defiprincess22

Another day to remind you to stay based @base @baseafrica

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@defiprincess22

First midnight space with @base was lit 🔥 we move again this midnight by 12am UTC Kindly set reminder for the upcoming one same time tomorrow 12am UTC https://twitter.com/i/spaces/1MYxNMNwyWvJw Yesterday was 🔥 lit atleast 65 people tuned in just for a start Let’s do more this midnight LFB💙 @jessepollak @kokocodes @saxenasaheb @basewtf.eth @basedmage.eth @basedkitty.eth

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@defiprincess22

Base is for everyone

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Everyone deserves access to a global financial system, and we have an entire ecosystem of protocols making that dream a reality Base is the home to the largest and fastest growing onchain economy, and we'll be showcasing the work being done throughout the week

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Have gotten my base name through @kokocodes Big shout to you boss Thanks so much 💙 Let’s do great things in @base ecosystem guys @jessepollak @iamcharis @decentraliz @druxamb

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@defiprincess22

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@defiprincess22

Thanks boss 💙

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@defiprincess22

This week I built : 🔵 I attended the @base Builders and Enthusiast Meetup by @baseafrica. Big shoutout to @kokocodes and @iamcharis for making the event possible 💙. You both are amazing! 🔵I wrote a thread explaining how bitcoin can have impact on the @base ecosystem 🔵I participated at the Base Africa meet up event as one of the media crew, I took some quality pictures and videos which was posted across @baseafrica social media accounts; Twitter, instagram and LinkedIn. 🔵I got one of my friends onboarded go @base; @plutocrrypt on base ecosystem he got his base name and wrapcast accounts. 🔵I painted base queen @statuette and she loved it!💙 🔵I got a follow back from @statuette 🔵Big shout to @kokocodes and @iamcharis for their love and enthusiasm. They actually did a massive work to ensure the event was a successful one. 🔵I connected with some developers and we formed an hackathons team on base ecosystem

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@defiprincess22

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@defiprincess22

@kokocodes @jessepollak @statuette @druxamb @luckywemo @base

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@defiprincess22

Stay based 💙

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@defiprincess22

Stay based 💙

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@defiprincess22

providing users with a way to access liquidity without selling their BTC.still on bitcoin as collateral Risk Mitigation: The use of Bitcoin as collateral could help mitigate risk in the DeFi ecosystem on Base, as BTC is less volatile compared to many altcoins, offering more stability for collateralized lending. 5. Security and Trust the most paramount Reputation and Trust: Bitcoin’s long-standing reputation as the first and most secure cryptocurrency adds a layer of trust when it is integrated into the Base ecosystem. Even though Bitcoin is not natively supported on Ethereum or Layer2 networks like Base, its inclusion via wrapped tokens lends credibility to the platforms that use it. Institutional Involvement: The presence of Bitcoin in Base’s DeFi space may attract institutional investors or high-net-worth individuals who are more comfortable interacting with Bitcoin than other cryptocurrencies. This could lead to an influx of capital into Base’s dApps and protocols. Tagging my top @base chads to

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3. Boosting user adoption: •Attracting Bitcoin Users: By allowing Bitcoin to be used within the Base ecosystem, Base can attract Bitcoin holders who might not otherwise participate in Ethereum-based DeFi. Many Bitcoin users seek opportunities to earn yield Many Bitcoin users seek opportunities to earn yields or use their assets in lending protocols, which Base can facilitate by supporting Bitcoin. Mainstream Appeal: Bitcoin’s dominance and brand recognition give it a strong appeal in the broader cryptocurrency market. Base’s adoption of Bitcoin, even indirectly through wrapped tokens, could drive broader user engagement and trust in Base’s offerings. 4. Bitcoin as collateral Collateral in DeFi: Bitcoin is widely regarded as a robust and secure asset, making it a highly attractive form of collateral in lending and borrowing protocols. In the Base ecosystem, wrapped Bitcoin can be used to back loans, providing

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@defiprincess22

applications, decentralized exchanges (DEXs), and liquidity pools. Enhanced DeFi Protocols: With Bitcoin liquidity, Base’s DeFi platforms can support larger loan volumes, more efficient trading, and higher yields, making the ecosystem more attractive to both retail and institution 2. Bridging ecosystem: nvestors. Interoperability between Blockchains: The integration of Bitcoin into the Base ecosystem via bridges or wrapped tokens fosters greater interoperability between the Bitcoin and Ethereum ecosystems. This allows Bitcoin holders to participate. in the Base ecosystem’s DeFi protocols, yield farming, and staking. Cross-Chain Opportunities: By enabling Bitcoin to be used on Base, it opens up the possibility of cross-chain applications that could use both Bitcoin’s security and Base’s scalability. This could drive innovation

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@defiprincess22

Bitcoin impact on @base ecosystem Here are some details regarding the bitcoin impact on @base ecosystem for those that are still confused what bitcoin has to do with base Journey with me let’s go 🤭💙 Bitcoin can have a significant impact on the Base ecosystem even though Base is primarily an Ethereum Layer 2 network. Bitcoin's involvement in the Base ecosystem, typically through wrapped versions of Bitcoin (such as WBTC), can influence liquidity, trust, user adoption, and DeFi activities. Here are the key ways Bitcoin impacts the Base ecosystem: 1. Increased liquidity 2. Bridging ecosystem 3. Boosting user Adoption 4. Bitcoin as collateral 5. Security and Trust 1. Increased liquidity : Bitcoin’s Liquidity: Bitcoin is the largest and most valuable cryptocurrency by market capitalization. When wrapped Bitcoin (e.g., WBTC) is brought into the Base ecosystem, it significantly enhances the liquidity available for decentralized finance

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Gm Gm Everyone 💙 Have a blissful Tuesday

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@defiprincess22

Absolutely right

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