The BASE tokenomics proposal, as detailed by TechFlow, presents a novel approach to Layer 2 token design, focusing on balancing low transaction fees with revenue generation. The proposal introduces an adaptive quoting currency mechanism and dynamic emission plans aimed at sustainable value capture for Base, Coinbase, and the BASE token. This model utilizes veBASE governance and liquidity incentives to align ecosystem growth with token demand, while allowing Coinbase to expand its revenue streams beyond sequencing fees.