Been a Coinbase maxi, and here’s my 8-year journey showing why nothing else comes close: Today most of my financial transactions are done within @coinbase ecosystem. Since forever, Coinbase is the only platform where I feel safe to leave my crypto on the exchange. Since 8 years ago, Coinbase was the only platform I buy/sell crypto from. Since 6 years ago, Coinbase was the only on and off ramp I use to get onto @ethereum mainnet for defi and trading erc20 altcoin not listed on CEX. Since 4 years ago, I store most of my $USDC on coinbase so I don’t have to worry about depositing into short term treasury. Since 2 years ago, Coinbase incubated base, and most of my onchain activity since then was on base. Since 1 year ago, Coinbase launched @Morpho vault. This is when I moved my $USDC from wallet to coinbase so that can use onchain lending and borrowing within coinbase app. Since last year, Coinbase derivatives became my only perp platforms to trade and hedge against market volatility. Since 6 months ago, all my daily living expenses are now on Coinbase Amex card earning 4% on $BTC reward while my free cash is getting the best yield available and now at 3.5% just for parking your cash there. Since last month, I have been slowly moving my stocks from robinhood/fidelity to @coinbase where I have now 200k stock position on Coinbase and growing significantly on each red day like today. I have also participated on prediction market and find it sometimes even more reward than trading altcoins. Knowledge pays! Really proud of what the team build and continue to thrive and iterate! There is no 2nd best, last but not the least- Keep “chadding”, TYBG💙

Coinbase is overweight $ETH ETH.D is 10% Coinbase $ETH holding is 25% or 2.5x ETH.D Anyone telling you otherwise is clouding your vision for their own personal agenda.

So Coinbase $COIN 4Q projection is completed. Have fun! $2.18B Rev 128.5% increase from 4Q23 $6.07 EPS 432% increase from 4Q23 Wall Street expecting $1.585B Rev and $1.13 EPS We beat by 37.5% and 437% respectively. For FY24, Coinbase is expected to achieve $6.5B revenue and $12 EPS. Now compare this company to another growth company on the nasdaq, you will see how cheap Coinbase is. Once again, tardfi continue to not understand Coinbase and jeet-fest every so often. 😉

Last tweet about $COIN 4Q earnings, Showdown begins - they wanted to see crypto dying, we prevailed - they wanted Coinbase to go bankrupt, we have 5b+ in cash reserves - they wanted to limit our growth, we grew outside of US - they choked us, we got floodgate open on ETF WE WON

👀 $1B share buyback $COIN

I’m super excited about the potential $BASE token. Here are the reasons. - $BASE will make $COIN complete. Yes $COINBASE - base will be able to accrue value similar to how $ETH accrues network value for @ethereum - the value can be redirected to where needed to pave ways for next stage of onchain economy breakthrough. - next stage of decentralizing base. Base token gives you utility for voting rights. - @jessepollak emphasizes on earning onchain, $BASE token allows seamless way to earn, more effectively, more efficiently. - all your base belongs to you, yes $BASE token in your wallet. It’s yours to keep. We need direct ownership. - base needs an internet market capital fund. There is no better way to launch it besides launching a $BASE token. The utility for $BASE token is endless! I’m ready for $BASE token.

Done. $COIN 1Q final estimate $1.58B Rev, $4.20 EPS (lol love it on April 1st) Things to look for in the next quarter: 1.) base revenue is about $1-2m a day and it’s growing fast. This could be an $135m opportunity in 2Q 2.) Perp market landed in 26.3m in 1Q, could be 70M in 2Q

Sol against ETH has collapsed by 50%, none of my ETH people feed is about laughing at solana, yet most of your tweet are still about taking the world onchain. I’m proud of you guys, it doesn’t matter what sol does or btc does. Laser focused on bringing the world onchain.

$COIN earning report digestion. 1.) retail coming back 2.) retail learned to use advance trade, this is good for consumer 3.) expense control is in check 4.) haven’t accounted for FASB change (worth $2.1 EPS)

Finally I can move my $BTC onchain. It’s live!

Good luck getting $COIN under $250 soon. Political change 1.) ETH approval 2.) SEC v. Coinbase case drop 3.) coinbase starts to offer perp to US retail client 4.) base scaling 5.) gas and oil market expansion 6.) project diamond 7.) Circle IPO 8.) payment/loan industry disruptor

$3,400 $ETH can happen in two 4H candles. Don’t get sidelined.

I knew it. Actual vs. Duckstimate $1.64b vs. $1.58b $4.40 eps vs $4.20 eps $COIN

So @BlackRock in 2Q increased their $COIN position by 18% or 1.78M more shares. 👀

Duck Wish List for 2025 at @coinbase Trading Perspective 1.) TWAP function added for CoinbaseOne user, or pay a higher fee than regular advanced fee. 2.) perp market opening up to US retail, pre-launch market to include more anticipated projects. 3.) if regulatory environment permits so, I would want to start trading tokenized $QQQ $SPY and $COIN on CEX. 4.) retire $DAI pairs, enables $EURC pair. Currently we can trade USDC(USD), ETH and BTC denominated pairs, but i want to see $EURC pair. This can be done with just existing USDC pool and robust $EURC/$USDC pool. 5.) $SOL pair can be popular if demand for $SOL continue to increase. Banking needs within CEX app 1.) separated spending account that ties to @CoinbaseCard so I can track my spending separately than crypto trading transactions 2.) small business account that allows merchant and consumer to transact, can leverage current @base functionality 3.) borrowing enabled for consumer again, currently only institutional clients can borrow via prime service, retail got shut off. Other services and product offering. 1.) onchain defi insurance that covers non users fault hacks. 2.) tax favored accounts like HSA/FSA account that let people holds, invests and pay in crypto. 3.) revive the earn program where user can earn crypto while spending with $USDC or other crypto. This is a great strategy for DCA’ing meme/altcoins. This can be a partnership with @Cypher_HQ_ who is leading this effort 4.) custodial account for minors, I would love to give some of my $BTC to my nephew. 5.) allow qualified individual to invest alongside with @cbventures. This is gonna be a powerful unlock for many of us. qualified individual can browser upcoming deals and pledge $ they wanna invest and track with Coinbase venture. Similar to how @ARKInvest venture fund does it but for crypto start up. 6.) more stablecoin, I have USDC, EURC, and I’m looking for Chinese Yuan, Japanese Yen, Indian rupee and even tokenized gold, and silver. 7.) btc mining as a service, is it feasible for Coinbase to buy hash power in bulk from @MARAHoldings and @RiotPlatforms and offer btc mining to subscribers on Coinbase? @base development and bringing CEX more onchain. 1.) allows users to LP within CEX to earn yield 2.) allow users to deposit onto @MoonwellDeFi @MorphoLabs pool/vault to earn yield. Basically CEX still feels separated from onchain world, in the future the two should look seamless. 3.) automate some basic defi function. 4.) would love to see more development for project diamond. Tokenizing bond market is a huge unlock and untapped territory. Wallet redesign/smart wallet possibility. 1.) Coinbase wallet still feels chunky from time to time, and I know Jesse is leading this effort. So we should be in good hands. 2.) @Rabby_io @phantom are leading currently, and there is much to learn from them. More partnership with big brands out on the market 1.) Walmart, target, Costco to enable stablecoin payment. 2.) visa/paypal is onboard with stablecoin, what about Mastercard and Amex? Do they wanna be onchain? I hope so. 3.) a partnership with @X and @elonmusk? Can Coinbase smart wallet be a part of social media embedded wallet? @Meta wanted to offer stablecoin, maybe Coinbase now can help them get there. Lastly but most importantly, it’s always great to conserve cash so Coinbase can acquire smaller crypto company when market turns sour. One river digital was a very good buy in 2022. Cc @emiliemc @maxbranzburg @iampaulgrewal As always, Coinbase is an #AllStarTeam I’m sure they already have much of the stuffs cooking and some even way beyond my imagination. Stay Gigachad-Based. “Still day one” - @jessepollak best quote!

COINBASE SEEKING US SEC APPROVAL TO OFFER BLOCKCHAIN-BASED STOCKS $cbCOIN

Coinbase could’ve developed a Dex but they built a chain. Coinbase could’ve developed a lending/borrowing protocol, but they built tooling. Coinbase could’ve not increased the gas target to generate more sequencer fee, but they sponsored many gas fees. Coinbase could’ve dropped some cb branded memecoin, but Jesse is focusing on lifting builders. Coinbase could’ve used their own USDC balance to offer loan, but they gave it to moonwell and Morpho. Coinbase could’ve delisted solana, but they bought against SEC. If you FUD Coinbase, you are a fking asshole.

I’m not bragging, okay I am. @base 24H volume is surpassing @solana soon. 837M vs. 854M So based, so good. Cc @jessepollak

Coinbase monthly transaction volume Jul: 29.19b Aug: 26.59 Sep: 20.42b Oct: 31.16b (52.6% MoM) Nov: 50.4b (61.7% MoM) Dec: 👀 $COIN

.@coinbase just printed $4.2b in 24H spot volume and we haven’t really entered into ERC20 altcoin seasons. This is getting 🔥 🔥 🔥

Oh!? 👀

I missed by 0.12B good enough. Amazing execution! Congrats @coinbase team

Veto’ing SAB 121 finally set stone on what I will be voting for in November. I seriously tried. This administration has to go.

Thank you finance dept. of @coinbase, you calc’ed fair value for me. So I don’t have to. $COIN 1.) FASB rule change would allow Coinbase to record $780m in unrealized gain. (Fair value - cost basis). This is about $3.25 EPS as of 12.31.23 2.) Coinbase bought the dip in crypto

Below is the roadmap for $COIN to hit $650-$750 this year. This is fairly simple as outlined below 1.) continued crypto bull market in 2025. If BTC hits 150k, expect $COIN to run 50-75% 2.) lawsuit drop, expected an instant 20% pump 3.) once lawsuit gets dropped, some fund will start to accumulate or diversify from their $BTC etf only strategy. Coinbase would be meeting all criteria to be included in $SPY and then expect 50% pump here. $270 x 1.5 x 1.2 x 1.5 =$729. Is $729 expensive? If Coinbase can hit $17 EPS next year, that puts PE ratio of 43. This is inline with the valuation when $PLTR and $TSLA got included into the major index. TLDR: lawsuit drop allows fund to really start positioning.

Preview for y’all. 10.8% LFG!!!

I think @VitalikButerin should bring @jessepollak to the Ethereum leadership table, his input is valuable in terms of what Ethereum needs to compete and win again. What he wants is what users want.

Drop @coinbase case Drop @coinbase case Drop @coinbase case Drop @coinbase case Drop @coinbase case

Memecoin are hated now? It’s time to uplift wholesome meme communities below. @tybasegod @Toshi_base @mochi_token @ownthedoge @doginme @MrMigglesOnBase What do they have in common? They are all built on @base Base community loves meme, but we love culture rich, fun, wholesome meme communities that even Coinbase maxi who mostly just defi also love to interact with. We need a lot more communities on @base Come build with us.

FIT21 passing (likely these house dems definitely talk to their senate dems friends) meaning $COIN case will be dropped as SEC will no longer be able overreach into crypto commodity landscape. $COIN case drop isn’t priced in.

You are not bullish enough. $COIN is only $0.35k 😉

Coinbase transaction volume 2023 Jul: 29.19b Aug: 26.59 Sep: 20.42b Oct: 31.16b Nov: 50.4b Dec: 69.92b 2024 Jan (11 days): 34.51b (already exceeded Oct 2023) If we extrapolate for whole month of Jan. 34.51b/11x31x(1 - 10%conservatism) we get about 87.53b (25% MoM) $COIN

I made a wish 45 days ago, you guys delivered. Execution speed thru the roof.

Shill guys. $COIN should be $500 at this point, we haven’t started.

Base doesn’t have a token, but it’s increasingly feeling like @AerodromeFi $AERO is serving the role. Am I crazy or the only one thinking so? Looking for some thoughts.

My dad became an US citizen today after 25 years of being in the US. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

Happy to see Ethereum posting about base. Rare sight, hope to see more.

Should @jessepollak have a seat at EF? I meant he is watching in real time what @ethereum needs to scale to the next level. Just a thought.

I’m a bit surprised to see how much $$$ I gained today from my $COIN portfolio. Out of words now, only one dance can explain what I’m going thru.

In September when $COIN tanked from $220 to $150 I got so much hate DM because they perhaps bought around $180-190, I never really shared because I don’t wanna spread negativity. Now we are above $260, how about these who cursed at me, send me some thank you DM. It’s only fair if it goes both ways. 😉

It’s gonna be so legendary, they are doing a live YouTube on it. $COIN Coinbase Q1 2024 Earnings Call piped.video/live/HXVVWH7qMow… via @YouTube

They just told you they will give @AerodromeFi team allocation of $BASE to speed up onchain capital market and you still don’t believe @jessepollak? Well I am a believer. Added $AERO

No shill $ETH price target. If someone were to ask me when I look to lock some profit in $ETH I bought aggressively. Here is a reasonable target. 0.05 ETHBTC ratio, no peak of .08 as Ethereum is no longer the most dominant L1 in terms of user growth in the current state. If institutional players are aggressively building their business on L1, we shall revise higher. BTC target of $140k short term. Long term I think we are hitting $1M+ So what’s the dollar figure as of now? $3000*1.98*1.2=$7,128.00 You are welcome to say under 10k is fud, but that’s the starting price when I will lock profit.

🔥📣ANNOUNCEMENT: It's an honor to reveal that I have joined @Coinbase as one of their Ambassadors. Using the link below, Coinbase will share some of their fee revenues from each trade. 🔗 advanced.coinbase.com/join/2… #Sponsored

So $COIN and $ETH are having similar situation - both are being utilized to bring the world onchain, yet little valuations are given to these two contributing the most. But it’s okay, ethereum and Coinbase have far greater vision for the future than short term price action.

i didnt know @freedomfactory was a 3 people team, I didn’t know they open sourced everything. I need to buy the next batch. Sorry, I faded but people need to speak this hardwork out loud so people like myself would appreciate more.

Coinbase custody

How to spot for gems on @base Look for innovation, not a copy of another chain. Trend makers in defi on base are 1.) @AerodromeFi ve33, now launchpad 2.) @MorphoLabs Morpho blue v1 now v2 3.) @avantisfi rebate oriented breakthrough 4.) @bankrbot putting AI utility to everyone’s hand. Not a ChatGPT wrapper like most others are. 5.) @BMXDeFi wBLT low risk, defi oriented, organic fee generation without emission, liquidity centric build. Anyone else who is making a breakthrough instead of copying solana?

Many crypto allocators rebalance portfolio every so often. They balance between usdc, btc, eth, sol, and coin. It is challenging sometimes because $COIN is on traditional rail you need wait for deposit/check to clear into brokerage. And then they can buy more $COIN or sell $COIN to allocate to other crypto asset when crypto asset price is depressed. This process takes about 2 weeks, and in crypto 2 weeks sometimes means 100% up or down. How can we speed this up? We need $COIN on @base Mr.Paul and Jesse @iampaulgrewal @jessepollak please help us!

Just remember @base is only 2 years ago. The progress they made for Ethereum is unprecedented. How much they have achieved so far is truly amazing. Under appreciated is all I can say.

Coinbase will be a study case in our kid’s history book just like the internet adoption era that demonstrating companies being onchain improves 1.) efficiency 2.) improves margin by lowering cost 3.) show user empowerment 4.) foster innovation and 5.) improves transparency. $COIN

Flipping is real. Onchain is the new online. Screen-time 👀

Added 1,000 $COIN shares. Come to me, I’m only 5% deployed. Come to me.

$COIN Earning is tomorrow, everyone including myself is trying to estimate as close as possible. So we zoomed in and tracking volume, asset price and etc. I think it’s good time to step back and look at how Coinbase has evolved from 2021 to 2023

Analysts have revised up $COIN earning consensus last week, yet still very far apart from what citizen analysts are projecting, Wall Street Consensus: $1.31B $0.98 EPS Duckstimate: $1.58B $4.20 EPS Many CT analysts have produced similar revenue projections.

This month so far, I have earned (without counting my trading earnings) $300 from @coinbase @MorphoLabs vault. $285 from @coinbase Amex card. $1076 from @coinbase $USDC reward for being a #CoinbaseOne member. Total: $1,661.00 Feeling Pretty good!

Wow

Okay, I’m done digesting this earning report. As a shareholder, i’m so proud of you all. Thanks to @coinbase employees working so diligently, delivering this S tier earning. On behalf of all investors, we thank you! Time to shitpost and celebrate! 😆 🎊

Instead of focusing on building off-ramp, base is building to bring traditional rail onchain. Once you can start spending your $USDC in your daily activities, do you really need an off-ramp? Built different.

This is Jesse telling you Coinbase is going to integrate DEX into their main app. @AerodromeFi are you ready to handle to volume!!?

What I didn’t see. 1.) take rate higher 2.) blockchain reward higher!!!? How!!!?? Eth yield was so low!! 3.) expenses in control as crypto cooled down!!? What did $COIN management on 🔥 4.) $USDC yield up!!? Wow!!! This is how they blew my mind!! I’m extremely impressed!!!!

What does $COIN join $SPY mean for allocation? 4600+ fund managers would now need to allocate. They aren’t getting my shares. Short interest have recently increased due to weak crypto activities. Short covering + new allocation. Yep, we got very good time ahead of us.

Eth is 445B market cap or 22.3% of $BTC Yet $ETHA inflow is 155M or 39% of $IBIT ETH people should feel pretty good about this. 😉

I’m disgustingly long $COIN

They are always late, aren’t they? $COIN

Coinbase @base saved me $33k in gas. In return, I took $600k $ETH off the marketplace. Pretty good deal for the L1 maxi don’t you think? These 600k could’ve gone to other L1, but @base made me stay.

Sassal is one of the only few that understands ethereum and truly love this ecosystem and wants it to grow. There are many days I’m like screw this bs, I don’t need this, then his vision brings sane back to me. 🙏

$COIN 2Q estimates coming tomorrow 👀 The volume has been average, nothing too exciting but it is all about the next 12 months. So I will provide a base estimate and optimistic estimate. Lol (Base +Optimistic) (🔵+🔴)

Proof of believing in something?

Hey @RobinhoodApp @vladtenev you guys delisted a bunch of crypto when @SECGov alleged they are security (they are not) they still serve you a wells notices. Time to join @standwithcrypto and defend together?

1700 $cbBTC has moved onto $ETH L1 and @base within the first 24 hours. In this a big deal? Was $BTC ETF a big deal? Well $BTC etf only had 655 first day inflow. Base almost 3x that. 👑

$COIN watch the chart!

Duck math time on $COIN. This is just for fun. When a stock is added to $SPY, the indexer need to allocate, $SPY companies are about $47T in total. For simplicity, let’s use $50T So Coinbase being $50B company, will get 0.1% weight. Indexer AUM is about 7.5T in total, 0.1% means 7.5B minimum. Plus short covering + momentum + active allocation You are looking at 15B forced buy pressure. Credits to @RasterlyRock and @bitwise for the math insight.

Coinbase lend. 20M to 193M (almost 10x) 18 days. flabbergastificationallyoverwhelmed

Merry Christmas and Happy New Year to @coinbase team! As I celebrate this joyous Christmas season, I want to take a moment to express my heartfelt gratitude for all your hard work, dedication, and “based”ness throughout the year. I am truly amazed by what you have accomplished. And please take this well-deserved time to relax and recharge. 2025 we are gonna enter war mode to update our financial system and bring the world onchain together! #ThankYouAllStarTeam

8888888888888888888

People always talk about 1 $BTC is all you need to become millionaire when it gets $1M No one tells you 100 shares of $COIN will make you a millionaire when Coinbase is valued at $2.5T market cap when $BTC gets to $1M per coin. Cost basis today? 1 $BTC = $96,000 100 Coinbase shares = $26,000 Few

Congrats to the whole @coinbase team. This isn’t possible without each one of you! I really meant it! Leadership! Product, compliance, engineering, policy, every one of you guys are amazing! 🎉🥳🎊🙌🍾🥂 Cc @brian_armstrong @emiliemc @maxbranzburg @iampaulgrewal @faryarshirzad @jessepollak

This week @base had $1.15m in fee. If we normalize this growth and call it $1.0m on average, then base is running at $54m annualized revenue. With this spectacular growth of 150% CAGR, and you put a 20ps ratio. This is only worth $1B? $OP has mkt cap of $15B. $COIN is too cheap.

Coinbase Perp open interest slowly climbing to ATH on a Saturday. @CoinbaseIntExch executing well

So visa processed $14.8T on their network in 2023 or $1,233B a month. Visa has existed since 1958. @base now does 6.5% of what @Visa does and only ONE YEAR OLD. Super baby!

USDC on @base just broke $3B. Keep growing everyday!

My 2024 PT for $COIN remains at $400. No fomo, no trick, just duck math.

👀 $COIN $300 next stop

Coinbase case dismiss with prejudice. Closed for good, plaintiff can’t bring it back to court. Just fyi.

While your bags are mooning, but Today is a great day to appreciate Coinbase team for Tag. @coinbase and say “Thank You💙” 1.) doing things the right way. 2.) say no to shortcut and won’t put customer fund at danger 3.) mission focused on updating our financial system 4.) continue to push for actual use case of blockchain beyond speculation and trading 5.) forge great relationship with Wall Street, specially with my daddy Fink 6.) took the leadership role in defending this industry, instead of bowing down to SEC 7.) making Ethereum beautiful by incubating Base L2 8.) work proactively with Optimism team on scaling Ethereum 9.) gas sponsorship on free USDC and EURC transfer Stay based, this is still day 1.

I think @coinbase should fix its top gainers and top losers list. I 100% get it dex integration is amazing and gives so much freedom to buy whatever that is on @base But now you are displaying random tokens on the top gainers and losers list that doesn’t produce ANY user reaction. I literally mean ANY, for someone who is in the trenches on @base I don’t recognized 100% of these tokens. That’s a serious issue! The top losers list is an amazing list that lets users quickly look at if they wanna buy something that is not on their watchlist. Now it’s clogged. I meant very clogged up.

Holy! Nothing stops quacking about Coinbase.

😭 $COIN down less than 2% after crypto bloodbath over the 4th. For the first time this year, this duck cried with joy.

I don’t want to create FOMO, I do not recommend chasing stock but we now reasonably consider this by EOY 2024. To mid 2025 for $COIN 1.) crypto higher, so cb resume printing 💰 2.) SEC lawsuit drop 3) moody upgrade Coinbase bond to investment grade over time 4.) SPY inclusion

One under appreciated $COIN value proposition is that @cbventures has currently 400+ deals. When you invest in Coinbase, you are letting the brilliant VC team picks best of the best mini crypto projects which can potentially turn into a unicorn. Facts

Why Coinbase doesn’t build their own dex and monetize 100% This goes back to what @brian_armstrong and @jessepollak believe in the future of economy and freedom and @coinbase ‘s mission. Giving you guys an example here. Why @base and not their own chain? Coinbase believes in building on a public blockchain where everyone can partake. The gas is $ETH not a token they invented like $BNB Why not build their own dex and monetize 100% of the fee? If you are a builder, why would you build some thing and then your whole business gets stolen away? This is why @base uplifts builders and your success is coinbase’s success. @wagmiAlexander correct me if I am wrong. If they don’t want to build their own dex, then why can’t @cbventures just buys 51% of the $VeAERO to have majority of the fees and voting power? Because Brian wants as much decentralization as possible. There are countless examples such as giving lending/borrowing business onchain to @MorphoLabs and @MoonwellDeFi, art business and creator economy to @zora and cbventure makes sure good projects gets funding and if they succeed, they add value back to $COIN balance sheet. This is why @base belongs to each of you is a fact, not just a slogan.

$Base launch tease?

New projection is in for $COIN In March, we have $84.91b volume for the first 14 days. We have 11 weekdays + 6 weekends left. So I assumed $5b and $2.5b per day respectively. This gets us to $298.5b in 1Q2024. I assumed 20% retail, we could see 21%. Take Rate down (expected)

Bought 8 $ETH because I love you y’all builders. Keep building, I keep buying. 🫡

Trust me. The reward adds up quickly. $572 and counting. Thank you @coinbase

Base just had its highest weekly users, we are going much higher. My department has about 50 people, to my knowledge I’m the only person using L2 (base). Even Gen Z in my department don’t know much about ethereum Layer 2. they will onboard as @base truly benefits each one of us

At this historical moment of crypto, Should we have a “Stand with Coinbase” NFT? Unique addresses minting and holding NFT are how many people are in disagreement with @SECGov and @GaryGensler . @Coinbase_NFT @brian_armstrong @emiliemc just an idea.

Repeat after me! Coinbase is the best run growth company on earth. There is no 2nd best!!

If you are pro America, and looking for a crypto exchange, you need to support @coinbase. To this date, Coinbase is still footing huge legal bill so you can keep building and keep innovation in US when it was hard while others gave up like @krakenfx gave up on your staking rights. No entity has done more to help US crypto industry than Coinbase. Support them!

Base token $BASE should be a combination of 1.) airdrop via past base activity, rewarding users and builders. 2.) ICO, base team needs funding to build further. Most are now coming from @coinbase corporate balance sheet, sequencer fee is only covering maybe 10% of overall cost, putting @base PNL negative, but dont get me wrong, @coinbase loves @ethereum and will continue to spend and build on it. I’m gonna get so much hate from this, but sometimes hard message needs to be delivered to make sure Ethereum L2 can compete with tons of competitors out there.