Base Chain

Nonce's decision to build on Base represents a strategic choice that aligns with our mission to provide accessible, private, and efficient DeFi services. Base's technical capabilities, ecosystem maturity, and alignment with Ethereum's security model create an optimal foundation for privacy-preserving financial applications.

Privacy Made Economically Viable

The economics of privacy have historically been challenging. Zero-knowledge proof verification requires significant computational resources, translating to substantial gas costs on expensive networks. On Ethereum mainnet, verifying a single Groth16 proof can cost upwards of thirty dollars during periods of network congestion, pricing out most users and making private transactions accessible only to those moving large amounts. Base's low transaction fees fundamentally change this equation, reducing proof verification costs to pennies and making privacy accessible to users of all sizes.

Privacy pools require active participation to build meaningful anonymity sets. The larger the pool of users and transactions, the stronger the privacy guarantees for everyone involved. Base's low fees encourage frequent transactions, growing the anonymity set organically as users feel comfortable making smaller transfers, swaps, and yield farming operations without worrying about prohibitive costs. This virtuous cycle makes Base essential to Nonce's success.

Technical Architecture Advantages

Base's two-second block times enable responsive privacy operations and quick finality for users waiting for shielded transactions to complete. The predictable fee structure allows Nonce's relayer network to operate efficiently, as relayers can confidently process transactions knowing their costs are stable and reasonable. This predictability supports a robust and decentralized relayer network that enhances censorship resistance and privacy for all users.

Base's EVM compatibility ensures that Nonce's smart contracts integrate seamlessly with the broader Ethereum ecosystem while benefiting from Layer 2 improvements. The privacy pool contracts, verifiers, and adapters use standard Solidity patterns thoroughly tested across thousands of Ethereum applications, reducing smart contract risk and allowing Nonce to leverage established development tools and security best practices.

Rich DeFi Ecosystem

Base's rapidly maturing DeFi ecosystem provides Nonce with a universe of protocols to integrate through privacy-preserving adapters. Established protocols like Uniswap, Aave, Curve, and Aerodrome give Nonce users immediate access to deep liquidity and proven strategies from day one. Users can privately swap tokens across multiple DEXs, deposit into lending markets, and access yield opportunities without sacrificing the DeFi capabilities they expect.

Cross-protocol composability on Base enables sophisticated privacy-preserving strategies that combine multiple DeFi protocols in single atomic transactions. A user might privately deposit USDC to Aave, swap borrowed assets, and provide liquidity to a Curve pool, all while maintaining complete privacy about position sizes and strategies.

Security and Growth

Base's security model inherits from Ethereum's robust proof-of-stake consensus mechanism while adding Layer 2-specific protections. All Base transactions are ultimately secured by Ethereum's massive validator set, providing settlement assurances that secure billions of dollars. For users trusting Nonce with their private financial operations, this security inheritance provides crucial confidence that their funds are protected by battle-tested infrastructure.

Base's rapid growth trajectory means the universe of available protocols and opportunities will continue expanding, providing Nonce users with an ever-broadening set of DeFi strategies they can access privately. Network effects create powerful dynamics where more users and protocols joining Base translates to larger anonymity sets, better execution prices, and more diverse yield opportunities for Nonce users.

The Ideal Foundation for Private DeFi

Base makes privacy practical in ways that would be impossible on higher-cost networks. The combination of low transaction fees, fast finality, growing DeFi ecosystem, and Ethereum security inheritance creates the ideal environment for Nonce to deliver on its mission of bringing financial privacy to DeFi. By building on Base, Nonce ensures that privacy is accessible to all users regardless of transaction size, that anonymity sets can grow large enough to provide meaningful privacy guarantees, and that users can access the full breadth of DeFi opportunities without sacrificing confidentiality.