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Why Build on Base Instead of Farming: Key Ways to Contribute and Earn Rewards

Why Build on Base Instead of Farming: Key Ways to Contribute and Earn Rewards

In the fast-paced world of crypto, many chase quick gains through "farming" – staking tokens or providing liquidity to earn rewards, often in hopes of airdrops. But a recent thread from Base enthusiast @basedkabeer flips the script, quoting an AI version of Base creator Jesse Pollak: "Why farm? When you can just build on Base."

This mindset shift emphasizes active contribution over passive earning. Base, an Ethereum Layer 2 blockchain built by Coinbase, aims to make onchain activities cheaper and faster. It's home to a vibrant ecosystem, including popular meme tokens like those launched via platforms on Base. By building or engaging directly, you not only support the network but also unlock real rewards.

Why Farm? Just Build on Base poster

Shifting from Farming to Building

The thread starts with a quoted post where @basedkabeer asks an AI twin of Jesse Pollak (@jessepollak) about farming Base. The response? Focus on creation. Farming often involves repetitive tasks for potential airdrops, but building fosters long-term value. In meme token circles, this means creating fun, community-driven projects that could go viral on Base's low-fee environment.

Practical Ways to Contribute to Base

Here's a breakdown of the thread's eight key points, with simple explanations for anyone new to blockchain:

  1. Build Onchain Apps: If you're a developer, dive into creating decentralized applications (dApps). Use tools like OnchainKit to get started. Participate in hackathons or the Builder Rewards Program, where you can earn up to 2 ETH weekly for active contributions. Events like Base Batches offer structured ways to innovate – perfect for meme token launchers or NFT creators.

  2. Create Content and Spotlight Projects: Share your knowledge through threads, videos, or posts about Base projects, communities, and builders. Platforms like Base App, Farcaster, Zora, and others reward creators. This is ideal for meme enthusiasts who can highlight trending tokens or viral trends, boosting SEO and community engagement.

Jesse Pollak AI response on farming Base
  1. Base Posting: Follow @baseposting and start "Base posting" – sharing positive, onchain-focused content. It's a simple way to earn rewards while growing your network. In the meme world, this could involve posting about new token launches or funny onchain moments.
Base Posting encouragement graphic
  1. Provide Liquidity: Add liquidity to DeFi protocols on Base, such as Aerodrome, Morpho, Aave, or Uniswap. Liquidity providers earn fees and sometimes extra incentives, supporting the ecosystem where meme tokens thrive.

  2. Onboard Others Locally: Base's motto is "Base is for Everyone." Help friends, family, or colleagues set up wallets, get Base names (via Basenames), and learn about onchain economy. This grassroots approach expands the user base, crucial for meme tokens that rely on community adoption.

  3. Fund Your Ideas: Apply for Base's retroactive grants (1-5 ETH) to bring your projects to life. Check out the Base Build page for details. Meme creators can use this to fund token launches or marketing campaigns.

  4. Learn More About Base: Dive into the official docs to deepen your understanding. Knowledge is power in crypto, especially for spotting the next big meme opportunity.

Why This Matters for Meme Tokens

Base has become a hotspot for meme tokens due to its low costs and strong community. Projects like those on Pump.fun or custom launches benefit from the building ethos. Instead of just holding or farming, contributing actively can lead to collaborations, airdrops, and even token value growth. It's a sustainable way to engage in the space, aligning with Meme Insider's goal of empowering blockchain practitioners.

If you're into meme tokens, threads like this remind us: True rewards come from creation, not just speculation. Start small – post about Base today or explore building your first dApp. Who knows? Your next idea could be the next viral hit onchain.

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