@base In the Base blockchain ecosystem, like other blockchain networks, token and coin refer to two types of digital assets, each with unique uses and features. The native coin of the Base network is wrapped ETH (WETH), which represents Ethereum on the Base network. WETH is used to pay gas fees in transactions on the network. Tokens are assets created on the Base network and follow the ERC-20 standard. These tokens are commonly used in DeFi projects, NFTs, blockchain games, and governance.

In Base, WETH is the native coin for gas fees, while ERC-20 tokens are used in DeFi, NFTs, and governance.