Onchain Summer Buildathon: SOCIAL

Base has unveiled a new payments website demonstrating the capabilities of their blockchain infrastructure for global transactions. **Key Features:** - Fast transaction processing - Low-cost transfers - Global accessibility The platform aims to showcase how blockchain technology can enable money to move at internet speeds, making cross-border payments more efficient than traditional systems. Visit the new site: [base.org/payments](http://base.org/payments)

A wave of new protocols emerged across multiple verticals: **AI & Agents** - [BlockRunAI](http://blockrun.ai): LLM router with onchain micropayments - [AgentlyHQ](http://use-agently.com): Routing layer for AI coordination and transactions - [FloeLabs](http://floelabs.xyz): Credit infrastructure for AI agents and institutions **DeFi Innovation** - [credifi](http://credi.fi): Uncollateralized lending using zkTLS and credit scores - [tomorrowloans](http://tomorrow.loans): Stablecoin lending to creators secured by Google AdSense via zkTLS - [nivo_finance](http://nivo.finance): Onchain FX hedging and forwards - [opal_dex](http://opaldex.com): Private DEX with sealed matching engine **Prediction Markets** - Stealth project building leverage primitive for prediction markets - [TradeOnsight](http://tradeonsite.com): Social/chat-native prediction markets - [0x4Mica](http://4mica.xyz): Collateral-enabled agentic batch settlement **Consumer Apps** - [jpegapp](http://jpeg.fun): Opinion markets on photos where highest bet wins - [liminalcash](http://becomeliminal.com): Self-custodial AI-native neobank Many projects leverage x402 protocol for micropayments and agent economies.

**Base Batches announces its third cohort**, selecting 12 teams from over 1,100 applications. **Program details:** - 7-week intensive building period - Focus areas: AI, DeFi, payments, and prediction markets - Culminates in Demo Day in San Francisco - Selected teams pitch to top investors The cohort represents a competitive selection process, with less than 1.1% acceptance rate. Teams will develop their products across key blockchain verticals before presenting to the investment community.

Base has launched support for over 10 localized stablecoins, positioning itself as a global payment settlement layer. **Key developments:** - Multiple region-specific stablecoins now operational onchain - Builds on Base's evolution as the default settlement layer for onchain finance - Expands on previous announcements of 12+ local stablecoins, including Singapore and Australian variants This infrastructure enables users worldwide to transact in their local currencies onchain, removing traditional barriers to global payments.

**OpenCover** has introduced on-chain vault insurance that allows DeFi users to protect their vault positions without leaving their chosen protocol. **Key Features:** - Coverage up to **$50M per vault** - Toggle insurance on/off by staking vault shares - No prepayment or fixed terms required - Premiums automatically streamed from yield **How It Works:** Users can insure any DeFi vault position directly on-chain. The insurance can be activated or deactivated simply by staking or unstaking vault shares, providing flexible protection that adapts to user needs. The platform makes vault insurance accessible to any DeFi protocol, with underwriting partners supporting the coverage capacity. Vault operators and curators interested in embedded risk transfer can reach out to OpenCover directly. This launch represents a new approach to DeFi risk management, bringing traditional insurance concepts on-chain while maintaining the composability and flexibility of decentralized finance.