Base received a grant of 3 million OP from Optimism, worth approximately 5 million USD

ChainCatcher news, Base announced that it has received governance approval from Optimism and will receive a grant of 3 million OP tokens, valued at approximately 5 million dollars. This grant aims to incentivize DeFi developers to increase the total locked value (TVL) of Ethereum and Bitcoin on Base.

Base stated that specific details of the incentive program will be announced gradually, but there will be no incentives targeted at specific liquidity pools or user activities.

In its first year of operation, Base has contributed 2,625 ETH (approximately 6.7 million dollars) in revenue to Superchain, accounting for over 70% of the total trading volume.