XYO is Now Available on Base
We are thrilled to announce that XYO is making Base its next Layer 2 (L2) blockchain, marking a significant step forward in our mission to enhance and expand our decentralized physical infrastructure network (DePIN). This bridge promises to bring unparalleled benefits to our ecosystem, ensuring greater scalability, efficiency, and accessibility for all users, and especially, XYO traders.
Why Base?
Base, developed by Coinbase in collaboration with Optimism, offers a secure, low-cost, and developer-friendly environment for token transactions. Its foundation on the OP Stack and commitment to progressive decentralization make it an ideal match for XYO’s fans and token holders. By leveraging Base, XYO ensures that traders’ token transactions can operate with enhanced performance and reduced fees, all while maintaining the high security standards synonymous with Ethereum.
Key Benefits:
- Enhanced Scalability and Efficiency: Base processes transactions off the Ethereum mainnet, providing improved transaction speeds and reduced gas fees. This scalability is beneficial for XYO’s global network, enabling affordable, seamless token transactions for our DePIN’s seven million node operators worldwide.
- Seamless Integration with Coinbase: Base’s integration with longtime XYO partner, Coinbase, with their impressive suite of products, users, and tools, allows XYO to tap into a vast ecosystem of 110 million verified users and $80 billion in assets. This opens up new avenues for user engagement and token trading.
- Developer Empowerment: With full EVM compatibility, Base offers easy-to-use developer APIs for gasless transactions and multichain applications. This aligns perfectly with XYO’s goal to foster innovation and support developers in creating robust applications within our network.
- Open Source Vision: Base’s commitment to being decentralized, permissionless, and open to anyone mirrors XYO’s ethos. XYO’s integration into Base, a core developer on the OP Stack, ensures that we contribute to and benefit from a thriving community of like-minded innovators.
Begin trading XYO on Base using Uniswap now!
Don’t know how? Check out our guide to bridging tokens with Uniswap here. (Just choose Base instead of Optimism!)
What’s Next?
As we bridge XYO into Base, offering greater global liquidity for XYO, you can expect even greater possibilities within the XYO ecosystem.
Most crucially, we’ll continue bridging to new Layer 2 blockchains, now including Polygon, Optimism, and Base, to enhance the trading experience for XYO token holders. These solutions offer increased scalability, faster transactions, and reduced gas fees by processing transactions off the Ethereum mainnet. Leveraging Polygon’s ecosystem, Optimism’s rollup technology, and Base’s integration with Coinbase, XYO ensures more efficient and cost-effective token trades. This strategic move expands the reach and utility of the XYO token, aligning with our mission to create a decentralized and sovereign data-centric DePIN.
Stay tuned for more updates about XYO’s latest blockchain bridges to maximize your participation in the XYO network. For the latest news and insights, visit our official website and follow us on social media — we post daily to X (Twitter), Facebook, and Instagram.
Thank you for being a part of the XYO revolution! Together, we are building a decentralized future, one node at a time.
