#Base Ecosystem Fund announces first six investments.
1. #Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage.
2. #BSX is building a decentralized limit order book for users to go long and short with leverage.
3. #BSX provides an onchain, self-custodial path for users to onramp and offramp crypto in a peer-to-peer manner through their own MPC wallet and smart contracts.
4. #OpenCover is the first L2 insurance aggregator that works with underwriters to protect DeFi users against onchain risks.
5. #Paragraph is an onchain creator platform that helps creators publish, share, and build a business around their content, using permissionless protocols to supercharge growth and earning potential.
6. #Truflation is an onchain financial oracle that provides automated and independent daily inflation reporting by compiling data from 18M+ points and 40+ data sources in real-time.