Aavegotchi DAO Votes to Migrate from Polygon to Ethereum-Based Base Chain

In a decisive move, the Aavegotchi decentralized autonomous organization (DAO) has voted overwhelmingly to migrate its entire NFT gaming ecosystem from Polygon to Base, Coinbase’s Ethereum layer-2 blockchain. The proposal, titled ’Make Aavegotchi Based Again,’ received 93.25% support, signaling a strategic shift amid Polygon’s declining usage. The migration will involve cloning and relaunching all Aavegotchi NFTs, wearables, and game assets on Base, highlighting Ethereum’s growing influence in the NFT and gaming sectors.

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.

Ethereum Dips Below Realized Price, Signaling Potential Market Bottom

Ethereum (ETH) has fallen below its realized price of $2,200, a key indicator that historically suggests a potential market bottom. The realized price represents the average cost at which investors acquired their ETH. With the market trading below this level, many holders are now in unrealized losses, potentially leading to panic selling. This drop comes amid a broader market decline, with Ethereum losing around 20% of its value in the past week and reaching a 2-year low of $1,415. CryptoQuant analyst Kriptolik noted that while the short-term impact is painful, this historical signal often precedes market recoveries.

Ethereum (ETH) Headed to $1,000? Chart Flashes Sell-Off Signal

Ethereum (ETH) appears bearish and poised for a massive price crash in the coming days due to current market sentiment and bearish price action. The past few months have been unfavorable for the overall cryptocurrency market, which has experienced a significant downward trend. Amid this downside momentum, ETH has lost multiple key support levels, including an ascending trendline and several horizontal support zones. Currently, the ETH price is on the verge of breaching another critical support level at $1,475. If this happens and the altcoin breaks below this level, we could see a notable price decline in the coming days.

Arbitrum Vote Buying Scandal: 5 ETH Used to Shake DAO Governance Integrity

A major scandal has emerged in the decentralized autonomous organization (DAO) space, specifically involving Arbitrum. On April 8th, 2025, it was reported that an individual spent 5 ETH (approximately $10,000) to purchase nearly 19.3 million ARB voting tokens. This incident has raised significant concerns about the security and integrity of DAO governance systems. The practice of vote-buying creates manipulation anxieties, as political candidates on Arbitrum use financial incentives to purchase votes. LobbyFi, a platform that facilitates low-cost governance attacks, is believed to be behind some of these manipulations, further weakening the protection of decentralized systems against such attempts.