COINBASE'S BASE BEGINS FORMAL TOKEN AND GOVERNANCE PLANNING

Summary from the TLDR Crypto newsletter

Coinbase's Base team has posted a new opening for a “token & governance research specialist,” signaling active work on a potential token launch and decentralization roadmap. The role will design token goals, draft a “Base constitution,” and define governance processes balancing community participation with long-term network growth. This follows comments from Jesse Pollak and Brian Armstrong that Base is “exploring” a native token to accelerate decentralization, marking a shift from earlier plans to rely solely on ETH as gas.