Polymorph
@polymorph
/base Support from Coinbase: One of the key factors behind the rapid growth in TVL was support from Coinbase. As a well-established and trusted entity in the cryptocurrency industry, Coinbase’s involvement ensured a high level of trust in the Base network. Robust Ecosystem and Launch of New dApps: Base has attracted attention from numerous DeFi and NFT developers, spurring the creation of various applications and protocols capable of attracting significant liquidity. Particularly successful DeFi and GameFi projects have driven user engagement, boosting TVL. Incentive Programs and Airdrops: During the launch phase, Base and its ecosystem actively offered rewards to users, encouraging capital inflows. These programs often involved staking tokens or liquidity, directly increasing TVL. Low Fees and High Performance: With lower gas fees and faster transaction processing, users were more inclined to transfer assets to Base. This makes it especially attractive for DeFi users looking to minimize costs
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