Ethereum’s Layer-2 Base network founder, Jesse Pollak, sparked discussions on launching a native Base token, stirring debate in the crypto community. The potential Base airdrop would be the first blockchain token from publicly traded Coinbase, with a focus on long-term project stability over short-term gains for private investors.

The Base token case, different from traditional TGEs, must enhance shareholder value for COIN shareholders while still rewarding the Base community. A Messari researcher emphasized the need to prioritize sustainable growth over DeFi metrics to attract short-term capital. Suggestions included rewarding developers, active users, and Farcaster users for equitable access.

Coinbase CEO confirmed plans to explore a native token, hinting at a potential airdrop similar to previous Layer-2 launches. Analysts anticipate rewarding early participants who engaged with on-chain apps and supported the Base community. The proposed release of the Base token before 2025 aims to leverage favorable market conditions and avoid hype-driven volatility.

Read more at Yahoo Finance: Base Token Plan Attracts Critics Over Shareholder Value