Base network interaction method and interoperability tutorial with Little Fox Wallet

Base, as the first blockchain launched by a listed company, has received widespread attention from the cryptocurrency community as soon as it was released. Base is an Ethereum L2 solution developed by cryptocurrency trading platform Coinbase in partnership with Optimism, aiming to provide a secure, low-cost and developer-friendly environment to develop on-chain applications. But after all, it was released not long ago, and many people are wondering how to interact with the Base network? I am not familiar with the process yet. In fact, this operation process is relatively not difficult. Next, the editor will explain the Base interactive operation tutorial in detail.

How does the Base network participate in interaction?

The interactive tutorial between Base Network and Little Fox Wallet is relatively simple, just follow the instructions. The following is a detailed tutorial:

1. Start the MetaMask browser extension.

#2. Click the drop-down button at the top of the extension to access the network selection drop-down menu.

3. Select the [Add Network] button.

4. Select [Manually add network].

5. In the [Manually Add Network] dialog box, enter the following details of the Base Goerli test network, and then click [Save]

6. You should now be able to connect to a basic network in the network selection drop-down section.

What are the application scopes of Base network?

Like other L2 networks, Base can be used for a variety of use cases. The following are some application scenarios built on Base.

1. Payment application

Base is a payment application that allows users to conduct transactions using the stablecoin USDC or the application’s native token Eco. Users can log in with a Twitter (now renamed to X) account and pay for gas via USDC or Eco. Additionally, Base includes integrated fiat-to-crypto and crypto-to-fiat conversion gateways.

2. Token Exchange

Token exchange on the decentralized exchange (DEX) allows users on Base to trade various cryptocurrencies. Currently, there are multiple decentralized trading platforms running on Base, such as Uniswap, Maverick and Dackieswap.

3. Liquidity supply

Users can provide liquidity on the Base blockchain through various dApps such as Uniswap, BaseSwap and Dackieswap. These dApps allow liquidity providers to earn fees from transactions on liquidity pools.

4. Bridge

Base has developed an official cross-chain bridge called BaseBridge, which is compatible with most Ethereum wallets, such as MetaMask or Coinbase wallets. Users are able to bridge ERC-20 tokens between Base and Ethereum.

The bridge from Ethereum to Base usually takes a few minutes, while the bridge from Base to Ethereum takes about 7 days.

5. Launch DAO

Decentralized Autonomous Organization (DAoS) is a blockchain-based organizational form that is jointly decided by community members and operated through smart contracts. Aragon, a protocol for creating DAOs, introduces codeless dApps on the Base network, simplifying the process of creating DAOs.

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