From 0 to 2.5 Billion Dollars in only 15 Months. BASE just recently surpassed Arbitrum in TVL (Total Value Locked) and joined the Top 5 Blockchains ranked by TVL after only 15 months. Needless to say, growth in the BASE ecosystem has been rapid and skyrocketing.

Why is BASE growing so fast? 

In this episode, we sit down with Sehaj, founder of Avantis, a perpetuals DEX on BASE, to discuss the BASE ecosystem on Ethereum and what makes it unique. We explore Sehaj’s journey from finance to crypto, including his time at Illuvium and well-known VC fund Pantera Capital, and how that shaped his approach to building in the blockchain space. 

Our conversation covers the intersection of crypto and gaming, the importance of real user incentives, and what sets BASE apart from other Layer 2 solutions. 

BASE, Coinbase’s Layer 2 blockchain, focuses on bringing real retail flow onchain. Sehaj shares why he chose to build Avantis on BASE and why he thinks BASE provides a stable, long-term platform for projects to grow. We also touch on the challenges and future of decentralization of Layer 2 blockchains that are not yet decentralized, such as BASE.

How do you feel about BASE and the traction it has been getting? 

📣📣📣 Building something exciting & want to come on the show or collaborate with us? 

Email us at  👉👉 business@teachmedefi.de 👈👈 or DM us on X:

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Timestamps:

00:00 - Teaser

02:14 - Sehaj, Panterra, Illuvium

05:30 - The Problem With Crypto and Gaming

07:40 - Working At Panterra

11:20 - How VCs invest / Valuations

16:48 - Why Build on BASE?

24:25 - CEX Chains

25:36 - Will They Decentralize?

29:45 - Will There Ever Be a BASE token?

33:33 - Where To Start On BASE?

37:48 - How Many Users Are On BASE?

39:22 - Trading Perps On Avantis

44:30 - What’s Next For BASE and Avantis?

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Links / Additional Material:

​​Avantis Website: https://www.avantisfi.com/

Avantis on X : https://x.com/avantisfi

Avantis on Discord: https://discord.gg/qJabbFzcUn

Sehaj on X: https://twitter.com/0xsehaj

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Disclaimer:

TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.