Alien Base DAO: A Year in Review and Future Vision
Alien Base DAO: A Year in Review and Future Vision
👽 The Alien Base Story Revealed
Alien Base, launched in August 2023 on Base chain, shares its journey from a fair-launched DEX to its current position. Key highlights:
- Initially reached Top-1 DEX status with $26M TVL
- Pivoted from traditional liquidity mining to focus on organic growth
- Survived market downturn through community support
- Developed new products: Epsilon, Token Generator, esALB
Future roadmap includes:
- Project Mothership: New Automated Liquidity Manager
- Full DAO decentralization by end of 2024
- Project Quasar development in 2025
- Focus on sustainable profitability without token subsidies
The platform aims to become the premier trading venue on Base through technological innovation and community governance.
With many new community members joining, it's a good time to write the story of the project from the team's perspective. It's a long read, going into our launch, challenges and successes. Plus some new roadmap plans we're unveiling for the first time 🛸 medium.com/@alienbase/cha…
Alien Base Academy Launches Liquidity Provision 101 Educational Series
**Alien Base Academy** continues its educational mission with the second installment: **"Liquidity Provision 101"** The new video tutorial covers: - How to supply liquidity to DeFi protocols - Earning fees from liquidity provision - Supporting the Base network's decentralized economy Designed for both newcomers and experienced users, the academy aims to make DeFi concepts more accessible. **Key Features:** - Step-by-step guidance for beginners - Practical tips for liquidity providers - Focus on Base ecosystem participation This follows the launch of Alien Base Academy in August, which introduced educational content to help traders navigate decentralized finance. [Watch the tutorial](https://youtu.be/fQMBRBc0chA?si=ooEt-PUVTx6UpNBs)
Alien Base DEX Confirms Frontend Safety Amid Exploit Concerns
**Alien Base DEX has confirmed its frontend is safe** from a potential exploit affecting other DeFi platforms. The team evaluated their code and determined they **do not use the affected code** that could expose users to security risks. **Key points:** - Alien Base frontend confirmed secure - Team recommends caution with other dApps - Situation still developing across DeFi space This follows previous warnings about frontend vulnerabilities affecting partner platforms like Ruby DEX during Wave7 of the DeFi Voyage. **Users should exercise caution** when interacting with any DeFi frontends until the broader situation becomes clearer. Updates will be provided as more information becomes available.
Alien Base Governance Updates and Community Engagement
Alien Base has announced the launch of their governance platform through @AlienFDN. Community members can now: - Participate in proposal submissions - Vote on platform decisions - Stay updated on governance matters The team continues their development efforts and promises more updates soon. This move represents a significant step towards community-driven decision-making in the Alien Base ecosystem. Follow [@AlienFDN](https://twitter.com/AlienFDN) to participate in shaping the future of the platform.
ALB Token Halving Marks New Era for Alien Base
The ALB token halving has been executed, reducing yearly inflation from 30% to 15%. This marks a strategic shift from farming incentives toward sustainable revenue generation. Key updates: - New optimized vaults launched for ETH-USDC, EURC-USDC, cbETH-ETH, and VIRTUAL-ETH pairs - Protocol fees stream to esALB stakers - Development of Epsilon for trading volume growth - Introduction of Mothership for passive concentrated liquidity The platform aims to reduce reliance on incentives while maintaining rewards through protocol revenue. This transition aligns with the long-term vision of creating a sustainable DeFi ecosystem.
Epsilon Analytics: Powerful Tools for Traders on Base
Alien Base launches enhanced Epsilon Analytics platform, providing comprehensive trading tools and data for Base network tokens. The platform features: - Chain-wide analytics showing data from all Base DEXs - Advanced token filtering and sorting capabilities - Detailed token information with security checks via GoPlus - Upgraded charting with specific pool price data - Smart wallet analysis for tracking bots and whale activity Future updates will include deeper token analytics and improved wallet filtering. The platform aims to create a one-stop trading hub that serves both traders and liquidity providers. Check out the new analytics at [app.alienbase.xyz/info](https://app.alienbase.xyz/info)