Base has just scored a major win in the DeFi space, securing a whopping 3 million OP grants from Optimism Governance, valued at around $5 million. As reported by BlockBeats on September 24, this grant aims to empower DeFi developers and enhance the total value locked (TVL) of Ethereum (ETH) and Bitcoin (BTC) on the Base platform.
In a recent announcement, Base confirmed its approval for the grant, highlighting its commitment to stimulating DeFi activities. While more details on the incentive plan are set to be unveiled soon, Base has clarified that it won’t be directing incentives toward specific pools or user activities.
Stay tuned for updates as Base ramps up its efforts to transform the DeFi landscape!