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Why did the Pawthereum community vote to migrate to @base? tl;dr: this is not a simple "relaunch", this is an evolution of how Pawthereum makes donations to animal welfare organizations. Read the following 3 points:
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✨ Base is Ethereum • There is no new native token on Base, ETH remains • Base is an L2 that settles on Ethereum • Base has a roadmap to become more decentralized over time to stay true to Ethereum's values
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🫰 Cheap Fees • ETH mainnet is cost prohibitive for onchain participation of the masses • Cheaper fees increases innovation & creativity (the community can make more things onchain) • Cheaper fees increase freedom. The ecosystem will be more accessible to participate in
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↔️ Increased Decentralization • Pawthereum should have nothing but code between the community and onchain donations • Base enables us to have a charity treasury fully controlled by the community • Voting AND executing trustlessly onchain is essential for decentralizing PAWTH
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If you hold $PAWTH on Ethereum, you can help with the migration to Base! Read here for more information: https://blog.pawthereum.com/pawth-to-base-migration-starting-dd8a3986a718
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