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So, guess what? Coinbase just dropped a shiny new toy called Verified Pools! đ Itâs like a safety net for on-chain trading, making it all warm and fuzzy for both the big shots and the little fish. đ
Announced on March 18 (mark your calendars, folks!), this feature is here to save us from the wild west of liquidity pools. You know, where fund providers are as anonymous as your ex on a dating app? Yeah, risky business. But fear not! Verified Pools is swooping in like a superhero, combining identity verification with liquidity pools. đڏââď¸
Hereâs the deal: youâve got to link your Coinbase Wallet, Prime Onchain Wallet, or any third-party wallet with a Coinbase Verification credential. Itâs like getting a VIP pass to the coolest club in town, ensuring that the liquidity providers are, you know, actually real people. Shocking, I know! đ˛
Powered by the Uniswap (UNI) v4 protocol, these Verified Pools are like the Swiss Army knife of trading features. Theyâve got âhooksâ for advanced smart contract functionality, which sounds fancy and probably requires a degree in rocket science to fully understand. đ
And where does all this magic happen? On Base, Coinbaseâs layer-2 network, which is basically the express lane for transactionsâfaster and cheaper than your last impulse buy on Amazon. Currently, Verified Pools is strutting its stuff in the U.S., Singapore, the Netherlands, and a few other exotic locales. đ
For the big boys (a.k.a. institutions), Verified Pools offers concentrated liquidity and controlled access. Only the verified can play, which is like a bouncer at a club making sure no oneâs sneaking in with a fake ID. For retail traders, itâs all about direct trading without the middleman drama. Just link your wallet and youâre good to go! đ
Now, letâs talk about the timing. Coinbase is getting a lot of buzz lately, with Bernstein Research predicting its stock could soar by over 60%. They even called it the âAmazon of crypto.â I mean, who doesnât want to be compared to a giant that sells everything from books to, well, crypto? đ
And letâs not forget Trumpâs recent pro-crypto moves, like his executive order to establish a Bitcoin reserve. Itâs like heâs trying to be the crypto fairy godfather. As Coinbase expands its on-chain ecosystem, itâs ready to ride this wave of optimism. Surfâs up! đââď¸
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2025-03-19 07:16