Coinbase Ventures’ Base Ecosystem Fund Backs 6 Onchain Projects
- Avantis is an oracle-based synthetic derivatives protocol that allows users to trade crypto and real-world assets with up to 100x leverage.
- BSX is building a decentralized limit order book for users to go long and short with leverage.
- Onboard provides an onchain, self-custodial path for users to onramp and offramp crypto in a peer-to-peer manner.
- OpenCover is the first L2 insurance aggregator that works with underwriters like Nexus Mutual to protect DeFi users against onchain risks.
- Paragraph is an onchain creator platform that helps creators publish, share, and build a business around their content.
- Truflation is an onchain financial oracle that provides automated and independent daily inflation reporting.
Avantis and BSX are exciting projects that aim to provide users with new ways to trade crypto and real-world assets onchain. Onboard is an innovative project that provides a self-custodial path for users to onramp and offramp crypto in a peer-to-peer manner.
Meanwhile, OpenCover is an important project that works with underwriters to protect DeFi users against onchain risks. Paragraph is a project that helps creators build a business around their content using onchain mechanisms. Truflation is a project that provides automated inflation reporting, which represents a much higher fidelity picture of inflation in contrast to the current methodology.
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