What is Native? Recent News, Fundraising and Token

Key Takeaways

• Native is a decentralized finance (DeFi) protocol built on the Base blockchain, offering efficient on-chain trading and liquidity solutions with low fees and high speed.
• It leverages Base's Layer-2 technology to enhance scalability and user experience, making it ideal for everyday DeFi activities like swapping tokens and providing liquidity.
• The NATIVE token plays a key role in governance, staking, and rewards, empowering community participation and driving ecosystem growth.

What is Native?

Native is a DeFi protocol operating on the Base blockchain, an Ethereum Layer-2 scaling solution developed by Coinbase. It aims to provide users with a seamless, cost-effective platform for decentralized trading, liquidity provision, and yield farming. By focusing on user-friendly interfaces and robust security, Native bridges the gap between traditional finance and Web3, enabling faster transactions and broader accessibility for both novice and experienced users in the crypto space.

How Does Native Work?

Native functions as a decentralized exchange (DEX) on the Base network, utilizing automated market maker (AMM) algorithms to facilitate token swaps and liquidity pools without intermediaries. Users interact with the protocol through its intuitive interface, where they can deposit assets into pools to earn rewards or trade tokens instantly, benefiting from Base's high throughput and low gas fees. Overall, Native's architecture ensures efficient transaction processing by inheriting Ethereum's security while scaling operations via Layer-2 rollups, making it a reliable choice for DeFi enthusiasts seeking speed and affordability.

What Makes Native Unique?

• Its deep integration with the Base ecosystem allows for seamless interoperability with other Ethereum-based projects, providing users with enhanced cross-chain capabilities and reduced fragmentation in DeFi.
• Native emphasizes community governance through its token, giving holders real influence over protocol decisions, upgrades, and fee structures, which fosters a more democratic and adaptive ecosystem.
• The protocol prioritizes low-latency transactions and minimal costs, setting it apart in the crowded DeFi space by combining user-centric design with advanced security features like multi-signature wallets and regular audits.

Native Native Token

The NATIVE token is the utility and governance token of the Native protocol on Base, serving as the backbone for ecosystem participation. It enables holders to vote on key decisions, such as protocol upgrades and parameter changes, ensuring a decentralized governance model. Additionally, the token provides practical utilities like discounted trading fees, staking rewards for liquidity providers, and access to exclusive features, which incentivize long-term engagement. With a capped total supply designed to control inflation, NATIVE has become a vital asset for users looking to maximize yields and contribute to the protocol's growth in the Base DeFi landscape.

TGE Information

The Token Generation Event (TGE) for Native occurred in early 2023, successfully raising approximately $10 million through a combination of private sales and public offerings to fund its development on Base. This event highlighted strong investor interest in Base's growing ecosystem, with allocations aimed at enhancing liquidity and community initiatives. Post-TGE, the NATIVE token was listed on major exchanges like Coinbase and Uniswap, boosting its liquidity and adoption. Overall, the TGE positioned Native as a promising player in Layer-2 DeFi, with ongoing efforts to expand its features and partnerships.