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The Ethereum Community Foundation (ECF) is launching BETH, a token designed to enhance value for ETH holders through strategic funding and infrastructure projects that focus on ETH burn. ECF emphasizes transparency and aims to align project goals with the interests of ETH stakeholders, promoting long-term ecosystem growth and institutional adoption.
Coinbase's Ethereum Layer 2 project, Base, is hiring a token and governance research specialist to develop its token strategy and governance roadmap. The position aims to formalize plans for decentralization and community engagement as part of Base's growth strategy.
Base, the layer-2 blockchain developed by Coinbase, is exploring the possibility of issuing a native token, as announced by creator Jesse Pollak at the BaseCamp event. The plans are in early stages, with the token intended to be built on Ethereum and compliant with regulatory standards. Since its launch in 2023, Base has achieved significant user activity and a total value locked of $5 billion, positioning it as a leading layer-2 network.