Introducing Basenames on Base: ENS Subnames Now Available Through Dutch Auction

TL;DR Simplified Wallet Addresses: Coinbase’s Base network introduces “Basenames” using ENS to convert complex wallet addresses into easy-to-remember names, enhancing user interaction. Fair Dutch Auction: Basenames are available through a Dutch auction starting at 100 ETH, decreasing to 0.39 ETH over 36 hours, ensuring fair access and preventing bot monopolization. Limited-Time Offer: Users... source: https://crypto-economy.com/introducing-basenames-on-base-ens-subnames-now-available-through-dutch-auction/