Coinbase’s Base Network Gains Momentum as iAero Protocol Launches Innovative DeFi Tools and Rewards Program
On December 6, 2025, iAero Protocol, a prominent liquid staking solution built on Coinbase's layer-2 network Base, announced a significant dual launch aimed at enhancing user experience and driving adoption. The protocol introduced 'Token Sweeper,' a novel multi-token batch swap tool, and simultaneously kicked off 'Season 1,' a six-month incentive campaign. This strategic move leverages Base's growing ecosystem to offer streamlined DeFi services and attractive yields, positioning the network as a competitive hub for decentralized finance activity. The developments highlight Base's utility beyond a simple scaling solution, showcasing its capacity to host sophisticated financial primitives that attract capital and users. The newly launched Token Sweeper tool is a technical advancement designed for efficiency. It allows users to convert a basket of various tokens into either USDC or WETH in a single transaction, significantly reducing gas fees and complexity. This functionality is not limited to the Base network; it operates across nine interconnected networks, including Ethereum mainnet and Arbitrum. This cross-chain capability addresses a common pain point in DeFi—fragmented liquidity and cumbersome multi-step swaps—by providing a unified interface for asset consolidation. For users and protocols managing diverse portfolios, this tool simplifies treasury management and exit strategies, making DeFi interactions more accessible. Concurrently, iAero Protocol unveiled Season 1 of its rewards program, a substantial incentive mechanism allocating 5% of the total supply of its native LIQ token to stakers over the next six months. This program is directly tied to the protocol's core offering: liquid staking with advertised yields of up to 35% APR. The high yield is sustained by a revenue-sharing model where 88% of the protocol's generated revenue is distributed back to stakers. This combination of a high-reward incentive campaign and a sustainable yield model creates a powerful flywheel. It encourages immediate staking and liquidity provision on Base, which in turn strengthens the network's Total Value Locked (TVL) and overall economic security. From a market perspective, these launches represent a bullish development for the Base ecosystem and, by extension, for Coinbase. By fostering innovative protocols like iAero that solve real user problems and offer compelling economics, Base strengthens its value proposition against other layer-2 networks. The focus on cross-chain functionality through Token Sweeper also positions Base as a potential hub for inter-network liquidity, rather than a closed silo. For the broader cryptocurrency sector, this underscores the maturation of layer-2 solutions, which are evolving from mere transaction processors into full-fledged, feature-rich DeFi environments capable of driving the next wave of user adoption and capital inflow.
iAero Protocol Launches Token Sweeper and Rewards Program on Base
iAero Protocol, a liquid staking solution on Base, has introduced Token Sweeper—a multi-token batch swap tool enabling single-transaction conversions to USDC or WETH across nine networks, including ethereum and Arbitrum. The protocol simultaneously unveiled Season 1, a six-month incentive campaign allocating 5% of its LIQ token supply to stakers.
The platform offers 35% APR yields by distributing 88% of revenue from Aerodrome voting rewards, bribe payments, and trading fees. Its liquid staking model bypasses traditional lockup periods—users deposit AERO or veAERO to receive tradable iAERO tokens while maintaining voting rights exposure.
Token Sweeper's DEX aggregation routes through 100+ exchanges, filters spam assets via blocklists, and includes transaction simulation. This launch underscores Base's growing infrastructure for capital-efficient DeFi primitives.
Major U.S. Banks Pilot Digital Asset Services Through Coinbase
JPMorgan Chase and Citigroup have initiated pilot programs with Coinbase to explore digital asset services, marking a significant shift in traditional banking's approach to cryptocurrency. The trials include stablecoin integration and institutional crypto custody, signaling growing institutional adoption.
JPMorgan's partnership allows Chase customers to use credit cards directly on Coinbase, transfer reward points, and interact with digital wallets. Citigroup is leveraging Coinbase's blockchain technology to enhance its global financial network.
The MOVE follows Standard Chartered's projection of $2 trillion in tokenized assets by 2028, underscoring accelerating institutional interest in blockchain-based solutions.
