Avantis, the Base Ecological Derivatives Exchange, has established a foundation and is suspected to be preparing for TGE

According to Foresight News, Avantis, the Base Ecological Derivatives Exchange, reposted a long article from the Avantis Foundation on the X platform, reiterating that the foundation's main tasks are to ensure protocol development and security, community governance and transparency, ecosystem growth and innovation, and suspected coin issuance is imminent. Previously, it was reported that Avantis, a derivatives exchange in the Base ecosystem, has completed a $8 million Series A funding round, led by Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund, and Flowdesk.