I feel scammed by @coinbase and @base, and here's why. Two weeks ago, I bought 3.99 tokenized Reddit shares (RDDTc) on Base. I used the token contract address listed on the official Base website. The tokens are issued by Coinbase and backed 1:1 by shares held in regulated custody. Reddit is listed there under Coinbase Tokenized Stocks, along with its prospectus and contract address. Today, I tried to sell my shares. Here's what I found: Underlying stock value: ~$590 @aeroxyz sell quote: ~$0.20 @Uniswap sell quote: ~$150 How is this acceptable? I contacted @CoinbaseSupport, but they replied that, for the best chance of getting a price close to the stock's market value, I should use Coinbase's official tokenized stocks interface on the Base website. But there's no sell option there. My concern isn't whether the token itself is legitimate. My concern is LIQUIDITY. Tokenized stocks have been live on Base for over 60 days, yet many still have almost no DEX liquidity. Out of 100+ tokenized stocks on Base, I've noticed that only around 15–20 have sufficient liquidity. Many others have less than $5K in liquidity. On October 11, I raised this issue with @jessepollak. Jesse replied: "It's coming, y'all are fast!" But we're still facing the same problem. We bought tokenized stocks because we expected to be able to trade them whenever we wanted. What's the point of bringing stocks onchain if users can't sell them at a reasonable price? Some tokenized stocks, like Apple, have sufficient liquidity, and trading works smoothly. So we know the experience can work. But for many other stocks, the situation is completely different. I've also noticed some tokenized stocks trading at significant premiums compared to their underlying shares. @base and @coinbase need to address two major problems: 1. Liquidity: Provide or incentivize sufficient liquidity across tokenized stocks, not just a handful of popular ones. 2. Price alignment: Improve price alignment so tokenized shares trade close to the value of their underlying stocks. If tokenized stocks are supposed to represent real shares backed 1:1, users deserve clarity about how liquidity, pricing, and redemption actually work. This is feedback, NOT FUD. I love Base. 💙 I build on Base, I support the ecosystem, and I genuinely want it to grow. But loving an ecosystem doesn't mean staying silent when something is wrong. Real feedback is necessary for real growth. Onchain stocks need onchain liquidity. @base @coinbase @jessepollak Let's fix this.

Borrow USDC using stocks as collateral on @base with less than 1% Borrow APR on @StoxCredit! You don't need to sell your stocks to access USDC. Just use them as collateral and start borrowing! All 8 pools have been deployed using @Morpho, with more pools coming soon. 🎁 The first 10 people to borrow USDC on StoxCredit will receive a special reward! Be early! 🔥

24 hours since @StoxCredit launched on @base! Here's what happened in our first 24 hours: 1. Completely redesigned our website UI. 2. Crossed 100+ visitors on Day 1, now at 112! 3. Launched our first Apple Stock Lending & Borrowing Pool on Base with 500 USDC in liquidity. 4. Current Borrow APY: 1.09% (Variable). It's currently low, but could increase as borrowing demand grows. 5. Users can lend USDC to earn interest or borrow against their stock positions. What's next? 👀 We're launching our own Google and NVIDIA stock lending & borrowing pools in the coming days. Our biggest challenge right now is liquidity. We want to launch more pools, but we need more funds to scale. 💬 DeFi community, we need your feedback! How can we attract more liquidity and grow StoxCredit? Stop selling stocks. Start borrowing. Built on @base 🟦

Excited to announce that @StoxCredit is LIVE on @base! 🟦 Borrow USDC using your tokenized stocks as collateral without selling your assets. 📈 📊 Current Stats: Stock Collateral TVL: $44.57K Total Borrowed: $16.41K Live Markets: 8 Best Borrow APY: 5.16% Built on @base. Powered by @Morpho

It's been a week building @StoxCredit on @base 🚀 Last week was just the BETA. The real product goes live in a few hours! The idea is simple: Why sell your stocks when you need cash? Borrow USDC against them instead. With StoxCredit you can: → Borrow USDC using tokenized stocks as collateral. → Access liquidity 24/7, even when stock markets are closed. → Keep your stock exposure without selling. → Lend USDC and earn 4–5% variable APY. Current stats: $43.23K in stock collateral TVL $15.78K in outstanding loans 5.55% variable borrow APY Lending and borrowing powered by @Morpho. Keep your stocks. Unlock your liquidity. Built on Base🟦