| Header | Content |
|---|---|
| Author | Edson Ayllon (@relativeread) |
| Created | 2023-12-17 |
| Status | Draft |
Motivation
Base network has the support and backing of Coinbase, making it attractive to existing coinbase users, as well as successful DeFi protocols who want to become available to that user base. Coinbase is a publicly traded company who has gained the trust of many in the cryptocurrency space. And the technology they’re using is the existing and battle tested Optimism codebase.
As a deployer of the Optimism stack, Base will be available in the Optimism Superchain, a network of chains that share security, a communication layer, and an open source development stack.
Description
Base network is a part of the Optimism Superchain, a network of chains that share security, a communication layer, and an open source development stack. It is an optimistic rollup layer 2 whose intention is to inherit security from Ethereum as a layer 1.
Base has been live since summer 2023, and has $400M TVL as of December 2023.
This proposal is to deploy dHedge contracts on Base, so trading can be available on Base network, as well as access to Base network apps for future integrations.
Implementation
dHEDGE V2 contracts would be deployed on Base, as they are on Optimism, including the pool factory contract, pool manager logic contract, and pool logic contract.