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Ethereum World News
2023-03-21 13:19:45

Perp DEX GMX Considers “Early Mover” Launch On Coinbase’s L2 Base Blockchain

Perp DEX GMX Considers “Early Mover” Launch On Coinbase’s L2 Base Blockchain

Summary: Some community members of the decentralized crypto exchange backed the early mover proposal to deploy GMX on Coinbase’s L2 blockchain. Concerns were raised over possibly doxxing the protocol’s pseudonymous founders as Base could require KYC verification and AML checks. Coinbase recently launched the L2 blockchain Base using Optimism’s OP stack to leverage network scalability and tap into Ethereum’s mainnet. Community members of decentralized exchange (DEX) GMX echoed support for a proposal to deploy the protocol on the Base blockchain,

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