MOCA Introduces on Coinbase through Aerodrome DEX Integration, Expanding DeFi Access
The combination has actually made MOCA available on Aerodrome, a DEX on Base, permitting Coinbase users to directly access MOCA, increasing DeFi and MOCA adoption.
Moca (Moca Network), a blockchain network and cryptocurrency owned by Animoca Brands, has introduced on Aerodrome Financing, a decentralized liquidity network on the BASE blockchain. Aerodrome is a DeFi protocol designed to attract liquidity and facilitate smooth token swaps. With this strategic collaboration, MOCA integrated its network with Aerodrome’s infrastructure and consequently with Coinbase’s network, marking a significant move to make DeFi more accessible to users.
New Launch Alert: $MOCA A huge welcome to @Moca_Network: “building the world’s greatest identity network” MOCA is prepared to switch & LP on Aerodrome paired with USDC Emissions are flowing https://t.co/ottD5EbVbP
MOCA Network arrives on Base According to the news, Moca has launched its network on Aerodrome, which is a DEX running on top of Coinbase’s layer-2 blockchain, Base. This integration is set to allow MOCA tokens (which are paired with USDC) to become available for providing and swapping liquidity on the decentralized exchange network Aerodrome. The additional integration of this DEX (Aerodrome) with Coinbase implies that MOCA tokens will become more accessible on the Coinbase mobile app. As a result, Coinbase users will be able to seamlessly interact with MOCA tokens directly on their Coinbase mobile app.
MOCA has not been directly added to Coinbase’s trading platform, but made available for trading through Base, a blockchain owned by Coinbase. The integration is a simplified interface within the Coinbase app that allows users to engage with the decentralized exchange, Aerodrome. This integration implies that Coinbase is leveraging its existing architecture and consumer base to offer a seamless avenue to the Base network, where Aerodrome operates. The integration further leverages a direct API connection that allows Coinbase clients to perform swaps on Aerodrome simply within the Coinbase environment.
Boosting MOCA, DeFi adoption This integration between Moca, Aerodrome, Base, and Coinbase is an advancement made to enhance DeFi accessibility. It significantly reduces the barriers to DeFi entry for Coinbase users who may be new to the landscape of DeFi. By enabling Coinbase users to directly access DeFi through their Coinbase mobile app, this approach eliminates complications associated with setting up external wallets, interacting with various assets, and accessing little-known DEX interfaces. Easy access to a significant DEX (like Aerodrome) helps to significantly improve MOCA’s liquidity and adoption, enabling more users to interact with and acquire MOCA. This integration further connects decentralized protocols with central exchanges, bringing DeFi closer to mainstream users.
