"Behind User Attrition on Base: Only Traffic, No Ecosystem" (Author: Thejaswini M A; Translation: Chopper, Foresight News) The dilemma of Base lies in its rapid growth driven by Coinbase's strong distribution capabilities, but users are mainly motivated by airdrops and incentives, lacking culture, identity, and long-term relationships, which leads to rapid attrition once incentives end. Essentially, Base is just an efficient "gateway," but it hasn't created an ecosystem and sense of belonging that encourages users to stay. This also reflects the core issue of the entire L2 route: it solves how to get people in but doesn't answer why they stay. Read more: