Aavegotchi DAO Votes to Migrate from Polygon to Coinbase’s Base in Landshift Move

In a decisive community vote, the Aavegotchi decentralized autonomous organization (DAO) has approved a full migration of its NFT gaming ecosystem from Polygon to Coinbase’s layer-2 blockchain, Base. The proposal, humorously titled "Make Aavegotchi Based Again," received overwhelming support with 93.25% of votes in favor. This strategic shift comes as Polygon experiences declining network activity, while Base continues to grow as an emerging Ethereum scaling solution backed by a major cryptocurrency exchange.

Aavegotchi to Migrate from Polygon to Coinbase’s Base

The DAO running Aavegotchi, a niche NFT game, voted overwhelmingly to migrate its entire ecosystem from Polygon to Base, Coinbase’s layer-2 blockchain. With 93.25% of the vote in favor, the proposal titled “Make Aavegotchi Based Again” plans to clone and relaunch all Aavegotchi NFTs, wearables, game assets, and smart contracts on Base. Polygon’s usage has declined sharply, with data from DeFiLlama showing a decrease in total value locked (TVL). Legacy assets on Polygon will remain viewable but frozen to prevent transfers or updates.

Cantor Fitzgerald Rates Coinbase Stock ’Overweight’

Cantor Fitzgerald analysts initiated coverage of Coinbase with an ’Overweight’ rating and price target of $245. They argue that Wall Street has overlooked how Coinbase’s stablecoin relationship with Circle dovetails with its Ethereum-based network. The analysts view these segments as instrumental in changing Coinbase’s narrative from being a cyclical crypto trading platform to a mission-critical infrastructure layer of the crypto economy. Currently, Coinbase (COIN) is trading at approximately $150, down nearly 5% on the day and 12.5% over the last week amid a market-wide dive triggered by President Trump’s growing trade war.