🏗️ Base builders gather

**AerodromeFi's wagmiAlexander** shares insights on the BaseLayer podcast about building uncompromising DeFi protocols. Key takeaway: **"If your system is maximally redistributing value, you can beat any incumbent"** - regardless of their strength or VC backing. The discussion highlights how **value redistribution** can be a competitive advantage against established players in the DeFi space. - Focus on maximizing value distribution to users - Challenge incumbents through better tokenomics - Build systems that prioritize community over traditional funding models This philosophy reflects the broader trend of **community-first protocols** gaining traction in decentralized finance.

**JP Morgan's JPMD token is now fully operational** on Base, marking a major shift from traditional banking to onchain finance. **Key developments:** - JPMD enables **instant institutional money transfers** instead of traditional multi-day processing - The world's largest bank has moved beyond experimentation to **live commercial deployment** - This represents a significant step toward **mainstream onchain banking infrastructure** **Why this matters:** Traditional bank transfers can take days to settle. JPMD allows institutions to move funds in seconds using blockchain technology. This isn't just another crypto experiment - it's **established finance embracing onchain rails** for real business operations.

**Base is making its presence known at EFDevcon in Buenos Aires** with multiple opportunities for builders and creators to connect. **Key Events:** - Base Booth at Ethereum World Fair (Nov 17-22, 9am-5pm) - 50 startups pitching at Base Batches Demo Day (Nov 17, 1-4pm) - Jesse Pollak speaking on main stage (Nov 17, 4-5pm) - Base Meetup featuring onchain artists and musicians (Nov 19, 8pm-12am) This follows Base's broader **LATAM tour** that included stops in Mexico and Brazil, demonstrating their commitment to connecting with the Latin American web3 community. [Register for Demo Day](https://luma.com/6g5lds80) | [Join the Meetup](https://luma.com/cchgx499)

**BaseLayer**, a new documentary series, debuts tomorrow with Episode 001. The series focuses on **builders shaping the global economy**, highlighting the people and projects driving economic transformation. - First episode launches November 10th - Part of Base's broader mission to build an inclusive global economy - Continues Base's commitment to showcasing community builders The series aligns with Base's vision of creating economic opportunities for everyone, everywhere.