April 19, 2025
11 11 11 AM
Latest Post
Canary Capital Files for Tron ETF With Staking Capabilities Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport Ahead of Sentencing CoinDesk Weekly Recap: EigenLayer, Kraken, Coinbase, AWS The Case for User-Owned AI Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors Friends With Benefits Grows Up KiloEx’s ‘Sophisticated’ Hack Shows DeFi Risks — But This Time, Recovery Was Swift Bitcoin Volatility Expected as 170K BTC Shift From Mid-Term Holders: CryptoQuant CoinDesk 20 Performance Update: Filecoin (FIL) Gains 3.7% as Index Trades Higher Leaders of $190M Brazilian Crypto Ponzi Scheme Sentenced to Over 170 Years in Prison

DeFi Game Aavegotchi to Abandon Polygon, Migrate to Coinbase’s Base

The DAO running Aavegotchi, a niche non-fungible token (NFT) game, voted overwhelmingly to migrate the entire ecosystem to Base from Polygon, a move reflecting shifting developer and user sentiment in the broader Ethereum layer-2 landscape.

With 93.25% of the vote in favor, the proposal — titled “Make Aavegotchi Based Again” — lays out plans for a full deployment on Base, the Coinbase layer-2 blockchain that has gained traction among decentralized applications.

All Aavegotchi NFTs, wearables, game assets and smart contracts will be cloned and relaunched on Base, according to the proposal, with legacy assets on Polygon set to remain viewable but frozen to prevent transfers or updates.

The migration comes amid a steep decline in Polygon usage. According to data from DeFiLlama, total value locked (TVL) on the chain has dropped from a near $10 billion peak in 2021 to just $737 million today. In early 2024, TVL stood at $892 million.

Base, meanwhile, has seen TVL surge to $2.9 billion from $430 million since the beginning of last year. Artemis data further shows Polygon’s daily active addresses fell from 1.3 million to 550,000 over the past year, while Base more than doubled to nearly 900,000.

Pixelcraft Studios, the developer behind Aavegotchi, cited improved onboarding, faster transactions and better marketplace support as key reasons for the move. A wrapper contract will also be introduced to protect assets listed on marketplaces like MagicEden and OpenSea.

The migration is expected to be completed within four to six weeks.

This post was originally published on this site