Gate DEX will launch the USDD staking campaign from March 12 to April 11. Users can earn 5% APY and an additional 20,000 USDD rewards through USDD Earn staking, with rewards settled daily. The platform is scheduled to launch in 2025 and will support multiple token staking.

Gate News Report, March 12 — According to Gate Market Data, as of press time, AVNT (Avantis) is trading at $0.18, up 24.13% in the past 24 hours. The highest price reached $0.20, while the lowest dropped to $0.15. The 24-hour trading volume is $101 million. The current market capitalization is approximately $58.6 million, an increase of $11.4 million from yesterday. AVNT is the native utility and governance token of Avantis. Avantis is the largest derivatives exchange on Base, focusing on RWA and crypto asset trading, offering a global market and unlimited leverage trading experience. Users can trade cryptocurrencies, forex, metals, commodities, indices, and other assets directly from their wallets. The AVNT token is used for protocol incentives, trader rewards, and community-driven development.

Gate News Announcement, March 12, OP Labs CEO Jing Wang tweeted that OP Labs will lay off 20 employees to streamline operations, accelerate decision-making, and reduce coordination costs. Jing Wang emphasized: "This decision reflects a narrowing of our focus, not a liquidity crisis." Affected employees will receive three months of base salary and N+1 compensation, and health insurance will be extended for six months.

Base Ecosystem Trend Prediction Platform Noise opens waitlist registration on March 12. The platform completed a $7.1 million seed round in January, attracting multiple investment institutions. Its testnet was launched last year, with over 1,300 users participating in cryptocurrency topic predictions.

Gate News Report, March 12 — According to on-chain data monitoring, Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum. At the same time, Pump.fun also removed the Solana logo from its X platform account homepage. The market believes these actions may be early signals of the platform's multi-chain expansion.

Gate News Report, March 12 — According to SolanaFloor, Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum, indicating that the platform may be considering expanding from the Solana ecosystem to other blockchain networks. At the same time, Pump.fun also removed the "Solana" location tag from its X profile.

Gate News Announcement, March 11: Ethereum researchers demonstrated a proof of concept for Native Rollups. This new design allows Ethereum to directly verify Layer 2 state transitions within its own execution environment. The experiment implements EIP-8079 through a new EXECUTE precompile, which re-runs Layer 2 blocks on Ethereum's base layer instead of relying on external proof systems for validation.

NBA-themed crypto project Basketball.fun is processing refund requests from digital card pack buyers because users are unable to trade these assets. The co-founder stated that 24 refunds have been received, totaling less than $2,000. Former NBA player and advisor Tristan Thompson has exited the project. The project plans to launch digital card pack sales on the Base chain this month.

The Base ecosystem Meme coin MOLT reached a market cap of $12 million on March 11, then retreated to $7.6 million, a 260% increase, with a trading volume of $15.1 million. The recent surge was influenced by Meta's acquisition of Moltbook, but investors should be cautious of the high volatility and lack of practical applications of Meme coins.