Moca (Moca Network), a blockchain network and cryptocurrency owned by Animoca Brands, has launched on Aerodrome Finance, a decentralized liquidity network on the BASE blockchain. Aerodrome is a DeFi protocol designed to attract liquidity and facilitate seamless token swaps.
With this strategic partnership, MOCA integrated its network with Aerodrome’s infrastructure and subsequently with Coinbase’s network, marking a substantial move to make DeFi more accessible to users.
MOCA Network lands 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 enable MOCA tokens (which are paired with USDC) to become available for swapping and providing liquidity on the decentralized exchange network Aerodrome.
The further integration of this DEX (Aerodrome) with Coinbase means 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 enables users to engage with the decentralized exchange, Aerodrome.
This integration implies that Coinbase is leveraging its existing architecture and customer base to offer a seamless avenue to the Base network, where Aerodrome operates. The integration further leverages a direct API connection that allows Coinbase customers to execute swaps on Aerodrome just within the Coinbase environment.
Boosting MOCA, DeFi adoption
This integration between Moca, Aerodrome, Base, and Coinbase is a development made to enhance DeFi accessibility. It substantially reduces the obstacles to DeFi entry for Coinbase users who might 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, connecting with various assets, and accessing little-known DEX interfaces.
Easy access to a major DEX (like Aerodrome) helps to significantly enhance MOCA’s liquidity and adoption, allowing more users to interact with and acquire MOCA. This integration further links decentralized protocols with centralized exchanges, bringing DeFi nearer to mainstream users.
