《The User Churn Behind Base: All Traffic, No Ecosystem》 (Author: Thejaswini M A; Translated by: Chopper, Foresight News) Base's dilemma lies in its rapid growth driven by Coinbase's strong distribution capabilities, but its users are primarily motivated by airdrops and incentives. It lacks culture, identity, and long-term relationships, leading to a rapid user exodus once incentives end. Essentially, Base is just an efficient 'entry point' without creating an ecosystem or sense of belonging that makes users want to stay. This also reflects the core issue of the entire L2 strategy: solving how to bring people in, but not answering why they would stay. Read more: https://(wublock123.com)/articles/base-user-churn-only-traffic-no-ecosystem-58808