AI-Powered Crypto Operations on the Base Network with Volm: Desktop Usage and a Technical Deep Dive

When bringing Volm Network to life, selecting the foundational blockchain network for the platform was a critical step for the project's success. After comprehensive analysis, the decision was made to build on Base Network, an Ethereum Layer 2 (L2) solution developed by Coinbase. This was not a coincidental choice, but a strategic decision perfectly aligned with Volm's core mission: to make the yield generated from idle (Volm) assets accessible, efficient, and secure for everyone.

In this section, we will explore in detail why Volm chose the Base network and what this choice means for both end-users and the system's technical infrastructure.

A Strategic Decision: Why the Base Network?

The core reasons behind our choice of Base are that it directly addresses the biggest challenges Volm faces: transaction costs, speed, security, user access, and ecosystem integration.

1. Ultra-Low Transaction Fees and the Maximization of Micro-Yield

• The Problem: Volm Network is built on collecting, swapping, and reinvesting small, frequent rewards (micro-rewards) from millions of devices (IoT, MCUs, laptops, etc.). The high gas fees on the Ethereum mainnet would make the cost of these small transactions higher than the yield they generate, rendering the model economically unsustainable.

• Base's Solution: As an L2 solution, Base executes transactions hundreds of times more cheaply than the Ethereum mainnet. This allows even a few cents worth of rewards earned from a user's smart thermostat to be profitably collected, accumulated in a MetaVault, and automatically directed into compounding yield strategies. For the end-user on the desktop app, this means their earnings are not eroded by gas fees, and even the smallest contributions can grow over time.

2. High Speed with Ethereum's Security

• The Problem: A platform where users entrust their assets and earnings must offer the highest level of security. However, security often requires sacrificing speed.

• Base's Solution: As an L2, Base periodically settles its transaction data onto the Ethereum mainnet. This means that all transactions on Base inherit the security of Ethereum, the world's most decentralized and battle-tested blockchain. Simultaneously, because it executes transactions on its own layer, it provides confirmations in seconds. For users, this means seeing their rewards reflected in their MetaVaults almost instantly, while knowing their assets are protected by the immutable security of Ethereum.

3. Strategic Access to the Coinbase Ecosystem and a User-Friendly Experience

• The Problem: One of the biggest hurdles for the "Everyday Consumer" persona, who is new to Web3, is taking the first step into cryptocurrency and navigating complex wallet management processes.

• Base's Solution: Behind Base is Coinbase, one of the world's largest and most trusted crypto exchanges. This integration potentially offers Volm users the following advantages in the future:

  • Easy Onboarding: Millions of Coinbase users can seamlessly join the Volm ecosystem with their existing accounts.

  • Simplified Asset Management: The reliable infrastructure of Coinbase makes buying and selling crypto with fiat currency and transferring assets much easier.

  • Deep Liquidity: The Coinbase ecosystem provides the deep liquidity necessary for MetaVaults to convert various reward tokens (GLM, RNDR, etc.) into base assets like ETH or USDC. This is one of the most significant strategic advantages that enables Volm to deliver on its promise of "no Web3 knowledge required."

4. Developer-Friendly EVM Compatibility and Rich DeFi Integrations

• The Problem: VolmFi strategies (Lending, LP Farming, Restaking) require integration with established DeFi protocols like Aave, Compound, and Uniswap. Building an ecosystem from scratch is a waste of time and resources.

• Base's Solution: Base is fully compatible with the Ethereum Virtual Machine (EVM). This means all smart contracts and developer tools that run on Ethereum also work seamlessly on Base. For Volm developers, this provides the ability to easily integrate proven DeFi protocols into the MetaVaults, accelerate the development process, and offer Volm users the best and most reliable yield strategies. Base's rapidly growing DeFi ecosystem means a continuous stream of new yield opportunities for the MetaVaults.

In conclusion, Volm's choice to build on Base Network is a conscious decision that ensures efficiency, security, and user-centricity at every layer of the project. Base provides the ideal foundation for Volm to solve the trillion-dollar idle asset problem, abstracting away technological complexity and making it possible for even everyday users to easily benefit from this new yield economy.