Base Network Considers Native Token Launch, Says Jesse Pollak

Layer 2 network Base is considering issuing a native token, as stated by creator Jesse Pollak.
The announcement was made at the BaseCamp event, with Pollak indicating that the process is still in its early stages.
The token will be developed on Ethereum, with efforts to comply with regulatory standards for issuance and distribution.
Coinbase launched Base in 2023, initially claiming no plans for a network token.
Base has achieved $5 billion in total value locked (TVL), ranking as the second-largest layer 2 network after Arbitrum, per L2Beat.